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Development Update

Published: June 03, 2022

Hello Everyone. 

I hope you are doing well. Councilman Firestone sent an email to the Northwest Alliance yesterday and asked us to share it with the community. Please see the email below. 

If you have any questions please email Ryan@Legacysouthwestpm.com or the Board of Directors at BoardofDirectors@BondsRanchHOA.com. Have a good weekend!

Ryan:

I wanted to update you on my discussions with the Rio Clara developer and property owner, PMB. As you know, when PMB purchased the acreage a few years ago, there was an existing annexation agreement with the City that survived the sale of the property. Much of the property is in the ETJ, which allows PMB to build anything they desire without the City’s zoning restrictions; multi-family, cottage communities, or townhomes, etc.. The City does not want this type of development, nor does PMB.

However, PMB does want to develop this property in some manner, and it is their right to do so. Over the past several months, my office and City staff have worked with PMB to negotiate what we believe is the best possible plan given the complexities created by the 2008 annexation agreement, ETJ status, and property rights issues.

Please find below the negotiated revisions to the original plan:

Bonds Ranch Land Plan Changes & MOU

Land Plan Changes

• Reduced total number of lots by 157 from original land plan (2,071 lots) to current land plan (1,914 lots).
• Density is now 2.7 units per acre instead of 3.0 as allowed in the development agreement.
• Increase lot sizes for the lots that abut the existing neighborhoods (Lago Vista & Crestview). These lots are now all A-10 (10,000sf minimum) and A-7.5 (7,500sf minimum)
• Expanded the Single-Family for Rent acreage from 20 acres to 27 acres to allow for greater open space and to eliminate any variance request.
• Changed the commercial zoning request from General Commercial to Neighborhood Commercial which has less uses allowed.
• Eliminated long blocks and all variance requests
• Over 220 acres shall be open space, parkland, wet detention ponds and a trail system throughout

MOU

• We will maintain the buffer areas between our property and the existing Lago Vista and Crestview homes. This includes land that is owned by their HOA.
• We will maintain the Bonds Ranch entry feature that was developed as part of Crestview, off Bonds Ranch Road.
• Provide the option for Lago Vista and Crestview residents to use the Bonds Ranch Amenities for a nominal annual fee. This includes the private amenities such as the swimming pools, pavilions, playgrounds and more.
• Existing ponds shall remain accessible to Lago Vista and Crestview residents.
• We have changed the commercial zoning request from General Commercial to Neighborhood Commercial to further restrict the types of users allowed and increase standards.
• We have agreed to require that all A-10 homes that abut the Lago Vista or Crestview neighborhoods to be 100% masonry on their rear elevations and that those homes shall have a rear wrought iron fence to maintain symmetry in design with existing neighborhoods
• We shall install and maintain a gate at the roadway connections between our neighborhood and the Lago Vista neighborhood. Per subdivision ordinance, a roadway connection must be made. The gate shall only be used by emergency services
• We will ensure a buffer of at least ten feet between the back of our lots and the Lago Vista community property line along Los Rios Drive and Molina Drive

I believe PMB has negotiated in good faith and made numerous concessions to the benefit of the community. Consequently, I plan to approve this zoning case on June 14.

Sincerely,

Leonard Firestone
Councilman, District 7
817-392-8807
Leonard.firestone@fortworthtexas.gov

Bonds Ranch HOA

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