Brenham City Council Approves Chapter 380 Agreement for Brenham Market Square

Published: Fri, 10/14/22

Brenham City Council Approves Chapter 380 Agreement for Brenham Market Square


Brenham | Washington County Economic Development Director Susan Cates explains a Chapter 380 agreement between the city and the Brenham Market Square development that was approved on Thursday by the city council.

KWHI
Josh Blaschke 
October 14, 2022

The Brenham City Council issued a unanimous vote today (Thursday) to establish a Chapter 380 economic agreement with the developer of a residential and commercial mixed-use project.

The agreement with Brenham Market Square, a 51-acre development between Market Street and Highway 290, allows the developer to be reimbursed for the cost of building qualified public infrastructure.  The developer will be able to receive reimbursement for half of its property taxes generated, with that amount reducing over the course of the 20-year agreement.

Brenham | Washington County Economic Development Director Susan Cates said a portion of ad valorem taxes generated from the project that would go into the city’s Tax Increment Reinvestment Zone (TIRZ) fund will instead be earmarked to go back to the developer. 


Animal Control Officers Meagan McCarrell (center) and Lauren Roese (right) are presented Chief's Commendations for their work on August 17th in rescuing a family dog who was stuck in the mud of a dried-up pond.

The total property value of the fully developed Market Square project is expected to surpass $133.8 million.  The estimated cost of the supporting infrastructure, including water, wastewater, roads and drainage is $7.5 million.  The maximum qualified infrastructure reimbursement for the project is $10 million.

The agreement starts in 2024.  Cates said previously that the development is projected to be fully complete by 2027.

Update @ 9:35 a.m. Friday: Earlier on Thursday, the Tax Increment Reinvestment Zone (TIRZ) board generally agreed not to expand the boundaries of the TIRZ at this time.  City Manager Carolyn Miller explained at the meeting that there can be negative impacts to the city's general fund, due to the limitations on what half of the property taxes on properties in a TIRZ can be spent on.

In other action today, the council approved a no parking zone on Prairie Lea Street between College Avenue and West Fifth Street.  The request came from Blinn College as it works on adopting a parking plan to better address on-campus parking.  City staff will put in no parking signs and Blinn will paint curbs as needed.

In other action today, the council approved a no parking zone on Prairie Lea Street between College Avenue and West Fifth Street.  The request came from Blinn College as it works on adopting a parking plan to better address on-campus parking.  City staff will put in no parking signs and Blinn will paint curbs as needed.

Also at today's meeting, the council:

Members of Baylor Scott & White - Brenham join the Brenham City Council after its proclamation of October 20th as "Paint the Town Pink" day. The event will be held on the 20th at Blinn College as part of the Washington County Chamber of Commerce's Health Care Forum.
Tiwanna Brown (right) is recognized for 10 years of service with the Brenham Municipal Court.
The Brenham City Council read a proclamation honoring Thursday, October 13th as the Reunion Day of Pickard High School's last graduating class of 1967. Accepting the proclamation from Mayor Milton Tate (left) was a member of the class, Joseph Graves.
Brenham Fire Chief Roger Williams (left) and Fire Marshal Steven Loving (right) join Mayor Milton Tate (center) and the Brenham City Council in proclaiming October 9-15 as Fire Prevention Week.
Dr. Chris Dalrymple (right) accepts a proclamation read by the Brenham City Council declaring the month of October as Chiropractic Health Month.
The Brenham City Council on Thursday proclaimed October 21st as Adult & Teen Challenge of Texas Day.
 


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