Posts Tagged ‘XS Ranch project ok’d’

XS Ranch development deal wins Bastrop okay

Thursday, October 29th, 2009

Bastrop, Tx–The Bastrop City Council gave possibly its final blessing Oct. 27 to a series of agreements to permit the development of almost 9,700 acres west of Texas 95 between Bastrop and Elgin for a mixture of residential and commercial uses, including some 7,000 residential units and roughly 300,000 square feet of commercial space.

The project will be served with wastewater treatment by the Lower Colorado River Authority and its water supplied by Aqua Water Supply Corp. of Bastrop. A fully executed service agreement with Aqua remains to be finalized.

If developed as presently envisioned and annexed by Bastrop over the next two to four decades, as the accords provide for, the project would more than double the city’s size and perhaps its population. The agreements provisionally approved by the city council
this week also provide for Bastrop to collect sales tax revenues from the project.

The entire development area, including the former 6,700-acre Steiner Ranch, either already is or will be included in Bastrop’s extra-territorial jurisdiction, an area where the city exercises some development controls, according to officials.