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Hays Free Press
Kyle, Texas
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December 14, 2016     Hays Free Press
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December 14, 2016
 

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.... i~i~- ~ ,,., , 4- Page 4D Hays Free Press December 14, 2016 + Deep ,Eddy Continued from pg. 1 D upon incentives for thethe city receives. county. "The thing most excit- "This is an important ing to me is the benefit to HOW W||| Deep Eddy|s expansion and retention the school district," Ruge for Hays County," Cruz said. "It will greatly ben- facility impact Buda? said. "The net benefit to efit from this additional the county at the end of tax revenue that's going $690,000 direct new tax revenue over ten years 10 years will be $878,000 to come out of this." and an additional $1.1 Although original esti- 20 new jobs added over the next 10 years million going to the mates called for 20 jobs, school district." Scarborough said it is 40 existing jobs On the piece of very likely that they will land that Deep Eddy hire many more than 20 $12.5 tO fl17 million in capital investment during will renovate stands a over the next decade. Deep Eddy's first year of operation building that has been "I would assume a iot ~ rebate on Buda property taxes on the new net dormant for years. Rug. of the initial jobs will value of taxable property believes that once the be the current workers distillery completes its they have in Dripping $400,000 in cash incentives improvements, the prop- Springs," Ruge said. '%s erty value will increase, they expand and the $25'000 in cash incentive if the company opens a drastically increasing the operation grows, more tasting room in Buda amount of property tax people will be added." Storage Woes Continued from pg. 1 D against it at this time," Lewis said, "We're not against it coming in if there is a need for it, but there isn't enough population right now to support it." Sparks said there is a one-mile radius around the facility where there are no other self-storage businesses. Currently, the land is being used to store vehicles at $3,000 annual profit, whereas the self-storage facility could generate $13,000 annually. Councilmember George Haehn was concerned that the land fell within the Interstate 35 gateway corridor. The purpose of the corridor is to maintain development standards along major arterial roadways. Sparks said it fell just outside the corridor, but that the builders have met the requirements to be within the corridor nonetheless. Councilmember Eileen Altmiller also wanted more time to investigate the item before taking any action. Councilmember Angela Kennedy owner was unavailable, architect Michael wasn't sure if it was the council's Mou]din described the applicant's motivation. decision "to decide if a business "we have performed a feasibility study that is going to be successful or not. shows there is a need for our facility in that "I do have some area," Mouldin said, reservations," Altmiller "The owner wouldn't said, referencing the be spending $5 or $6 amount of money the million for a self-storage city spent on that road. facility if there wasn't a Councilmember An- need for one there." gela Kennedy wasn't sure Ultimately council if it was the council's members decided that decision "to decide if a more research needed business is going to be to be done in order to successful or not. make a more informed She also wanted to ask decision. the property owner for "We have a very their motivations on the precious commodity of project, limited space here to While the property consider," Haehn said. 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Industrial and T, nothyR.Cappolino, EC. construction workers, along with no~aCerdficd Persona[ In uryTria[ Lawand Civil'Ii'ial Law by the "Ii~xas Board of Lega Specialization their families (second hand expo- NOFEEFORFIaSTVISIT sure) are among those at risk for c~.,..o~o.~o.,|~ln~narM~n mesotheliema, lung cancer or gas- tro cancer (throat, stomach, colon). Call us for professional insight. + 0000000000000000000000000000000000000000000000000000000000000000 Social media gets ugly in local race Buda council takes up Prop 1 _ .~_ ~r,, ~. u~,_ .... ~;:~.~. Reconstruction begins for Kyle housing board Video billboards coming tO Kyle? men,~my is nm~ K~e r~ty or me ~mt t~ut~oer~ Buy a subscription to the Hays Free Press and get a gift subscription of equal length for FREE through Dec. 31. Name Address Zip Home Phone No. Email [El Check Enclosed [3 Charge credit card Credit Card # Exp. Date / 3# Security CodeAmount $ Signature Hays & Travis Out of County Out of State 3 Years $80 $100 $155 2 Years $52 $68 $108 1 Year $32 $45 $56 Over 65? Take 10% off! Mail check and form to the address below to begin receiving the number one newspaper serving Kyle, Buda and surrounding communities. 113 W. Center St., Kyle, TX 78640 (512) 268-7862 www.HaysFreePress.com That's TWO ONE-YEAR SUBSCRIPTIONS for only $32! mail Call (51 2) 268-7862, email paper@haysfreepress.com or the forms below to 11 3 W. Center Street, Kyle, TX 78640 to subscribe today. 00000 Name Address Zip Email Home Phone No. O Check Enclosed 13 Charge credit card Credit Card # Exp. Date / 3# Security Code Signature Amount $ 3 Years 2 Years 1 Year 113 W. Center St., Kyle, TX 78640 (512) 268-7862 www.HaysFreePress.com il i i i I