As discussed in a June 6, blog post, the developer of the property at 4700 Williams Drive was seeking a change in zoning from commercial to multifamily. The city staff recommended against the proposed zoning change.
This property is one of the three that requested a resolution of support from the city council on February 9, 2016 to facilitate their application for Federal tax credits which are administered and granted by a Texas state board. The council approved the resolution of support at that meeting.
It seems the council has boxed themselves into approving the zoning change when it comes before them, even though it is contrary to one of their goals, namely, support the development of additional commercial property so that the tax burden could be reduced on family residences and picked up by commercial businesses.
If the developer is awarded the Federal tax credits, it will be interesting to see if the council will then approve the zoning change even though it would be against their long range goal of shifting the tax burden toward businesses.
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