Fort Bend Independent 011718

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VOL 11 No. 3

Phone: 281-980-6745 50 cents

www.fbindependent.com

FORT BEND FAIR. BALANCED. INFORMATIVE. WEDNESDAY, JANUARY 17, 2018

P. O.BOX 623, SUGAR LAND, TX 77487-0623

Official newspaper of Fort Bend County & Missouri City

Telfair Tract 5 : 12 multistory offices, Sugar Land Garden Club celebrates Arbor Day 2 high-rise hotels, 8 garages, an DRAFT 250 senior apartments &CURRENT muchSCHEME more US 59 - Frontage Rd

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• Parking Garage 4 Levels, 3 Bays 520 Spaces (300’ x 180’)

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• Parking Garage 6 Levels, 4 Bays 1300 Spaces (240’ x 340’) 8,000 SF Retail

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• Parking Garage 4 Levels, 4 Bays 600 Spaces (240’ x 240’)

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• Parking Garage 5 Levels, 3 Bays 700 Spaces (180’ X 285’)

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• Parking Garage 4 Levels, 2 Bays 425 Spaces (120’ X 310’)

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• Parking Garage 4 Levels, 3 Bays 600 Spaces (180’ x 300’)

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• Surface Parking 100 Spaces

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• Surface Parking 400 Spaces

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Office 1,110,000 SF

Retail/ Entertainment 60,000 SF

Hotel 600 Keys

Residential 250 Units

Medical 207,100 SF

Sugar Land Garden Club members celebrated Arbor Day by contributing trees to benefit and beautify the parks of Sugar Land. This has been a tradition of the organization for many years. This year’s donations went to the Brazos River Park. The Club which was founded in 1932, is organized exclusively for charitable and educational purposes. Meetings are held the third Tuesday of each month at 9:30, September through April at St. Basil’s Hall on in Sugar Land. Guests are welcome to attend. For more information www.sugarlandgardenclub.org. or check us out on Facebook. Kat Louviere, left, Carrie Sample, Beverly Baumann, Sue Yip, Joan Pritchard, Debe Fannin, Paula Rieger, Marilynn Scanlin, Yvonne Louviere, Gay Chavez, Caroline Hall..

Accountant “attests” to annexation calculations; expresses no opinion

TX | January 10th, 2018 15 Blue boxes — three 4-level office buildings and five 6-level offices; OrangeSUGAR —LAND, Hotels, one 6-level and another 7-level; A to H, four 4-level parking garages, one 5-level garage and one 6-level garage, plus surface parking for a total of 6095 spaces. Three parcels of land owned by the city for 50,000 sf conference centre, potential community arts venue and land By SESHADRI KUMAR The City of Sugar Land isfor future entertainment and economic development; Two 2-story office buildings and two sued a press release on Dec. 22, medical buildings with a 6-story garage. Smart Financial Center already exists in the area 2017 stating that “An indepenalong with Texas Instruments and Fluor.

By BARBARA FULENWIDER A preliminary development plan for 95 acres of Telfair that front on U.S. 59 and University Boulevard has been presented to the public for comments. The area is home to the Smart Financial Centre and is adjacent to the Texas Instruments campus. The Tract 5 masterplan draft includes 1.11 million square feet of office space, 60,000 square feet of retail/entertainment, 2 hotels with a combined 600 rooms, 250 residential units for seniors and 207,100 square feet for a medical district. Telfair – Tract 5 is primarily owned in separate parcels by Telfair, developer Newland Communities and Sugar Land. (The draft of the masterplan is on Sugar Land’s website at sugarlandtx.gov/Document Center/ View/16904 through Friday, Jan. 19.) Recently the city and Newland Communities drafted a masterplan that will establish a cohesive layout of office and entertainment land uses and will create the mixed-use destination activity center that has been

long envisioned for the property. The revised plan includes citizen input and Newland Communities’ previous commitment not to include multi-family in the development. Newland made the draft masterplan public at a meeting on Jan. 10. The takeaways from the Jan. 10 meeting at the University Branch Library brought out a standing room only crowd that voiced their concerns. They were increased traffic and the impact the development would have on drainage. They also were worried that apartments might be built on area 14 property. To allay their fears, city officials said that a traffic impact analysis and more drainage studies will be done and no apartments will be built on area 14 because Sugar Land owns the property, which is reserved for future entertainment and economic development opportunities. The plan includes one fourstory office building with 100,000 square feet (SF) of space and another the same size

that will have offices and retail. A four-level parking garage that can accommodate 520 vehicles will be between the two buildings and the three structures will all face the U.S. 59 frontage road. Next to those three structures will be the medical district, which will have a three-story medical building with 130,000 SF, a two-story medical building with 77,100 SF and a six level parking garage with 750 spaces. There will also be surface parking for 300 vehicles. The threestory medical building will be built in Phase 1 of the development while the other medical buildings will be constructed in Phase 2. The Phase 1 building plan includes five six-story buildings. One has 150,000 SF for offices and 12,000 SF for retail. Another two will have 142,000 SF for offices and 8,000 SF for retail. A fourth office building will have 138,000 SF and a fifth will have 150,000 SF. Two hotels will be on Lexington Boulevard across the street from each other. The first will be See TELFAIR, Page 3

dent, external auditor recently confirmed the financial neutrality of the annexation of Greatwood and New Territory.” This newspaper made an Open Records Request on Dec. 22 and received a copy of the report on Jan. 9. A plain reading of the report presented by the accountant WhitleyPenn LLP on Dec. 19 shows that the accountant did not conduct an “audit,” in the legal and technical sense of the term, but “attested” to the numbers presented by the administration. The accountant did not express an “opinion” on the annexation calculations either. The report was titled, “An Independent Accountant’s Report on Applying Agreed-Upon Procedures.” The document further described the report as “Analysis of Annexation Calculations; Agreed Upon Procedures Report.” The report contains the following disclaimer: “We were not engaged to and did not conduct an examination, the objective of which would be the expression of an opinion

on the annexation calculations. Accordingly, we do not express such an opinion. Had we performed additional procedures, other matters might have come to our attention that would have been reported to you. “This report is intended solely for the information and use of the City Council and management of the City of Sugar Land, Texas, and is not intended to be and should not be used by anyone other than these specified parties.” The accountant was not engaged to verify if the annexation was net neutral, though the city council gave that impression in hiring the accountant. The issue at hand was the different set of numbers that Councilmember Mary Joyce presented and to reconcile that set of numbers with those the city had. That could have been accomplished in one joint meeting between the staff and Joyce. Joyce based her calculations on publicly available numbers, while the city staff had made a different calculation, based on certain adjustments and amendments to their assumptions. Some assumptions were made after the city council approved the annexation and the numbers did change. However, none of these sug-

gest that the annexation was not net neutral. Following are the excerpts from the report: To the Honorable Mayor, Members of City Council And Management City of Sugar Land, Texas We have performed the procedures enumerated below, which were agreed to by the City Council and management of the City of Sugar Land (the “City”) solely to assist you in evaluating the annexation calculations relating to the City’s Ordinance No. 2075 dated November 15, 2016 prepared by the City’s management and presented to council from September 1, 2016 to October 31,2017. The City’s management is responsible for these calculations. This agreed-upon procedures engagement was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants. The sufficiency of these procedures is solely the responsibility of the parties specified in this report. Consequently, we make no representation regarding the sufficiency of the procedures described below either for the purpose for which this report See REPORT, Page 2


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