Lakeway Development News
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Development News from the latest meeting
Public Storage Gains City Council Approval for Continued Operation After Ownership Change
The City Council approved a Special Use Permit (SUP) for Public Storage to continue operating a storage facility at 15616 Stewart Road and 1106 Ranch Road 620 North, following a change in ownership. The property has operated as a storage facility since 2006. The ZAPCO commissioners unanimously recommended approval for the continuation of the SUP. The applicant, Pam Madeir from Jackson Walker, stated that a new SUP is necessary per city code due to the change in ownership. The council approved the item as presented with no discussion or opposition.
Lakeway Council Streamlines Special Use Permits, Maintains Oversight on Key Businesses
The City Council approved an ordinance (ORD-2026-06-15-02) to amend zoning regulations concerning Special Use Permits (SUPs) and Conditional Use Permits (CUPs). The changes aim to streamline the process by moving routine commercial uses to 'permitted by right' status, retain oversight for higher-impact uses, allow existing drive-thrus to continue under new ownership without reapplication (unless material changes occur), and remove expiration and transfer restrictions from non-residential SUPs. Fast food restaurants and medical research laboratories will remain as special uses, as recommended by ZAPCO. The ordinance passed with a 5-2 vote.
Lakeway Police Foundation Donates $3,500 for Officer Excellence Stipends
The City Council approved a donation of $3,500 from the Lakeway Police Foundation to fund Physical Fitness Excellence and Firearms Excellence Stipends for police officers. The stipends are monthly payments to officers who achieve certain qualifications on fitness tests or range qualifications. Officers also receive uniform adornments recognizing their achievement. The council agreed to change the reporting requirement from every 60 days to every six months, deeming it less burdensome. The donation was accepted unanimously.
Lakeway Council Reviews FY 2026-2027 Budget Amidst Projected $1.6 Million Deficit
The City Council discussed the preliminary budget for Fiscal Year 2026-2027, highlighting a projected $1.6 million gap between revenues and expenditures. Key factors contributing to this gap include decreasing development revenues, rising personnel costs, and inflation. The council was presented with historical data showing a shift from high growth to a steady-state phase, impacting the city's financial planning. Staff outlined potential revenue and expenditure levers, emphasizing the need to balance tax rates, service levels, and development value. Preliminary findings also indicated that sales tax revenues are performing well, while property tax valuations are pending.
Lakeway Council Deliberates Employee Benefit Plan Renewals, Considers Impact on Staff
The City Council discussed the renewal of employee benefit plans for Fiscal Year 2026-2027. Representatives from Texas Health Benefits and Gallagher presented several options, noting historically low average renewal increases (2.27% over seven years) with the current provider. Options presented involved adjustments to deductibles and out-of-pocket maximums for high-deductible and PPO plans, with projected increases ranging from 5% to 12% if current benefits are maintained. The council decided to defer a final decision to gather more information on an additional option that maintains deductibles but adjusts out-of-pocket maximums, and requested a special meeting on July 13th for further discussion. They also discussed potential changes to dependent subsidies.
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