THU Jan. 9, 2025
Volume 59 l Number 230
3 DAY FORECAST TODAY 40/39
FRIDAY 47/30
SATURDAY 58/38
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The Voice of Seguin
WEEKEND EDITION
TODAY
Lily Springs Apartment Complex gets new life
Seguin City Council changes course, offers support for workforce housing project Darren Dunn
(Seguin) -- It’s been a long and bumpy road, but the Seguin City Council is again prepared to move forward with a workforce housing development project. The proposed Lily Springs Apartment Complex is slated to be built at the corner of State Highway 46 and Cordova Road. It will be aimed at providing quality living spaces for teachers, police officers, firefighters and other employees who work in the Seguin area. City officials say it is not a public housing project, instead it is a partnership that will be partially owned by the city of Seguin, through its Public Facility Corporation (PFC). The council makes of the PFC’s Board of Directors and it met Tuesday night to discuss the project. City Manager Steve Parker says they were bringing the item back because some new questions were raised after the item was voted down during a council meeting in early December. The deal would allow the city to share ownership of the complex with a private developer. In lieu of property taxes, the developer
Helping you find the right house to call HOME. Heath Anders 830-534-8811
would make lease payments to the city for 75 years. Because it would be owned by the city of Seguin, other taxing entities -- like the the Navarro ISD and Guadalupe County -- would not be allowed collect property taxes on the complex for that 75 year period. The city attempted to make this an easier pill for the Navarro ISD to swallow by offering to share two-thirds of the lease payments it receives with the Navarro ISD. It was an attempt to help the school district recover some of its lost tax revenue. However, that previously proposed deal wasn’t enough to garner support from a majority of the council last month. But Parker says things started changing after that meeting. He says they went back and took another look at how they could change the terms of the deal and better share that overall revenue. Parker says this incentive is a long term commitment, but it could have a positive impact on the community, even though it would not be on the tax roll. Lily Springs, pg. 2