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Hays Free Press
Kyle, Texas
March 29, 2017     Hays Free Press
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March 29, 2017

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Website © 2019. All content copyrighted. Copyright Information.     Terms Of Use.     Request Content Removal. ~re~ ~ress March 29, 2017 Page 1D RENDERING BY 5TH DIMENSION ARCHITECTURE & INTERIORS Buda City Council approved an application for a 589-unit Class A Self Storage Facility along Goforth Road in Buda. The storage facility's permit was denied in January due to its proximity to other storage facilities, as well as aesthetic reasons. BY SAMANTHA SMITH Implementation of green- ery and aesthetic improve- meres for a storage facility on an existing application was enough for the Buda City Council to give it the green light earlier this month. By a 5-1 vote with one council member abstaining, the Buda City Council March 21 approved a special use permit (SUP) for the Class A Self Storage Facility along Goforth Road. Council member Eileen Altmiller cast the lone dis- senting vote, while council member Wiley Hopkins abstained from voting. Council's move came after the city's Planning and Zoning commission denied the original application from Capella Capital Partners on Jan. 10. Chance Sparks, Buda assistant city manager and planning director, said P&Z denied the SUP due to the facility's proximity to other storage facilities, as well as design of the building. Cappella applied for a three-story structure with approximately 589 units, 100 Todd Daly, owner of Cappella, said only "Class C retail," such as a Planet K or a nail salon, would be interested in the land, along with automotive shops or gas stations. percent of which are climate controlled. Ryan Shelton, of the Hohmann, Brophy and Shelton Law Firm PLLC, ex- plained to council members his desire to see the "respon- sible growth" of Buda. Shelton explained that Ca- pella is a full service office/ retail developer. After doing market research studies, Capella deduced the best use of the land at the location of the proposed site is a storage facility. Shelton said that a major concern of the P&Z was the building looked "impos- ing and monolithic," which Capella addressed by add- ing rain gardens along the buildings periphery, as well as more trees around the facility. Shelton said Cappella would restrict access to the storage units on the upper levels by installing only one door to enter the main level with additional access once inside. "Buda is underserved in the storage industry," Shel- ton said as he explained that many businesses of the same kind tend to cluster together in order to generate more competition in the market. But council member Eileen Altmiller disagreed and cited the proximity to the nearest self storage facil- ity, which would be 500 feet from the proposed Class A site. "If P&Z turned it down, we should turn it down too," Altmiller said. While Sparks said P&Z didn't see the revised SUP application, Cappella had "addressed all concerns" P&Z board members had. Council member George Haehn and Mayor Pro Tern Bobby Lane were both in favor of approval because the land in question had been vacant for a very long time and the facility would be a different self storage option for Buda residents. Lee Urbanovsky asked if there was any retail potential for the site. Todd Daly, owner of Cappella, said only"Class C retail," such as a Planet K or a nail salon would be interested in the land, along with automotive shops or gas stations. He said no other retail in- dustries, such as restaurants, would be interested based on the market study his com- pany conducted. Buda Mayor Todd Ruge voted to approve the facil- ity because the design was unique among storage units being 100 percent climate controlled, and because the land had been vacant for long enough. "It's a good use for that land," Ruge said, "I think it's a good idea." Ruge said the approval of the SUP is only the start of the process and Capella will have to submit its design plans. P&Z will have an opportu- nity to review the site plan. BY LESLY DE LEON Kyle's historic down- town water tower will be repainted and welded as part of negotiations with a contractor who also calls for improving two functioning water towers. The historic water tower will be repainted in its origi- nal red, white and blue and welded to fix the roof. "I'm actually really excit- ed," Councilmember Travis Mitchell said. "It's going to be awesome." There has been some talk about having to tear the historic water tower down because it's in pretty bad conditions, Mitchell said. However, improvements, which would cost approxi- mately $40,000, were negoti- ated at no additional cost to the city. The contractor hired by the city, was commissioned HAYS FREE PRESS FILE PHOTO Kyle's historic water tower, that has been in 60 years, will be repainted and welded in an structure. operation for more than effort to save the iconic to paint the water tank on FM 1626 white and will paint and weld some weak areas in the metal on the Yar- rington water tank, Sellers said. "In that bid, because we were doing a pretty large project, two different tanks, we were able to negotiate in our budgeted dollar amount an improvement to our historic water tower," City Manager Scott Sellers said. "We're very excited by that." The move comes after the Kyle City Council sought a way in 2015 to rehabilitate the aging structure, which had not been in use since the early 2000s. In 2014, the city commis- sioned Texas Tank Ser- vices to conduct a structural analysis for the tower. The analysis discovered corro- sion on several features of the water tower, as well as holes in the internal roof plates of the structure. But the report also called for $800,000 in rehabilitation options, which city leaders ultimately chose to not go forward with. Mitchell said Jason Biemer, Kyle division man- ager - treatment operations manager, should get the credit for "creatively solving an aesthetic problem with- out dipping into taxpayer funds," "Everything should be structurally and visually sound when we're done with this contract," Sellers said. Financial Focus contributed by Jon Albright, CFP~ Over time, you will run into various suggestions for investing success- fully. Yet upon closer inspection, many of these ideas turn out to be "myths" - which could cause you trouble if you treat them as solid advice. Here are five of these myths, along with some reasons for ignoring them: You can find the next "big thing." All of us probably wish we could have "gotten in on the ground floor" of Apple or Micro- soft or some other tremendously profitable company. And who knows? There may indeed be a similar other business out there, waiting to take off. But it's almost impossible for anyone to identify these potential "blockbusters." There's really no shortcut to in- vestment success - you need the patience and discipline to invest for the long term, and you need to build a portfolio that's ap- propriate for your goals and risk tolerance. Investors should always seek to "buy low and sell high." This is actually good advice - or it would be, if were possible to consis- tently follow it. But how can you know when the market is "high enough" to sell or "low enough" to buy? You can't - and neither can anyone else. Trying to time the market rarely works. A more appropriate strategy is to invest regularly and to diversify your holdings among stocks, bonds, government securities and other vehicles, based on your goals and risk tolerance. Diversifica- tion can help protect you against market downturns that primarily affect just one asset class. Keep in mind, though, that diversification can't guarantee profits or protect FINANCIAL FOCUS, 4D Site Plans Submitted for Review Aria at Plum Creek Apartments, Cromwell Dr New Commercial Permits Biolife Plasma Center, 906 Seton Pkwy Dr. Patel (Pulmonologist), 1500 Dacy Ln Suite 300 Taqueria Jalisience, 1101 Goforth Rd Certificates of Occupancy NOW OPEN Bull Pit BBQ, 905 N Old Hwy 81 DCTM Ventures (Warehouse), 181 Weldon Johnston Way Marco's Pizza, 5896 Kyle Pkwy There are no new business permits in Buda in February ,1 i!i~i~ ;~i :Iii ilI:i ~i