Greg,

I noticed in the san macos record that some zoning changes were underway. =
First, I wanted to make sure our property would not be affected. Second, p=
art of the land that is being rezoned is targeted for "seniors". I would l=
ike to explore the possibility of developing a seniors project ( not assist=
ed living). Maybe we could look at the property mentioned below. As I hav=
e mentioned, my goal is to invest around $2 million in real estate over th=
e next two years. At the current rate that amount would cover the equity r=
equirements for 4 projects assuming I continued to have minority interest p=
artner like Keith.

Here is the article:

Sector 2 plan geets boost from council By MURLIN EVANS - Staff Reporter H=
ome and landowners in northwestern San Marcos will soon have a revised futu=
re land use plan to consult for development in the area. The San Marcos Ci=
ty Council on first reading unanimously approved changes to its Sector Two =
Land Use Plan -- changes over a year in the making and covering a 1.26 squa=
re mile area -- intended to encourage development that is both acceptable a=
nd appropriate for the region. Significant to the revisions are those affe=
cting a controversial tract owned by resident Jack Weatherford at the corne=
r of Ranch Road 12 and the newly named Craddock Avenue (Bishop Street). We=
atherford filed suit against the city earlier this year as a result of vari=
ous city commissions declining to approve re-zoning plans the landowner say=
s were in synch with land uses deemed acceptable in the current Sector Two =
plan. Proposed changes to Weatherford's 54 acre tract -- which have no dir=
ect effect on existing zoning -- deletes the 10 acres of high density resid=
ential allowed in the current plan and adds instead two additional acres of=
commercial, one additional acre of medium density residential, and seven a=
dditional acres of low density residential. In addition, the total eight a=
cres of the Weatherford tract proposed for medium density residential is su=
ggested limited to town home, single-family, or multi-family senior housing=
development in the revised future land use plan. The total 10 acres of co=
mmercial allowed on the property is proposed limited to "community commerci=
al" -- a yet to be established zoning district -- loosely defined as to ens=
ure more compatibility with existing residential neighborhoods complete wit=
h buffering and landscaping. A 50 foot greenbelt buffer is also proposed t=
o separate the commercial areas from residential ones in the revised plan. =
However, a curb cut envisioned to access this property from RR 12 drew som=
e concern from council members over the potential traffic hazards it may po=
se on the busy state highway. Proposed are two curb cuts, one accessing th=
e proposed Weatherford commercial area from RR 12 and one from Craddock Ave=
nue. While the state highway department and city would have input into the=
plans for where the eventual curb cut would go, city planning director Ron=
Patterson said the allowance of the two curb cuts was a compromise between=
the wishes of area landowners and Weatherford. Council member Jane Hughso=
n supported the idea of removing the RR 12 curb cut allowance from the Sect=
or Plan, but evaluating a developer's plans for possibly locating one in th=
e area as development proceeds. "I'd rather say "no' and if someone comes =
us with a really good idea, look at it then," Hughson said. Councilman Ed =
Mihalkanin expressed similar safety concerns over the final placement of th=
e curb cut. "It seems to me we're asking for a bunch of accidents to happe=
n there," Mihalkanin said. A motion by Hughson to amend the plan to exclud=
e curb cuts from RR 12 into the property failed on a 3-3 tie vote with San =
Marcos Mayor David Chiu and council members Joe Cox and Paul Mayhew voting =
against the move. Council member Martha Castex Tatum was not present at the=
meeting. Curb cuts or not, the Sector Two Plan earned support from severa=
l residents and neighborhood representatives, who said the plan was a good =
compromise. Oak Heights resident John McBride, who has been an active crit=
ic and participant in the Sector Two revision process, especially concernin=
g the Weatherford tract, said the revised plan better served the interests =
of the city as a whole. "This is not a victory for one side or the other,"=
said McBride, alluding to a fallout between neighborhood groups opposed to=
Weatherford's initial plans for his property, "but a victory for the City =
of San Marcos. We started out with all R-1...we've come a long way." =09
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