Greystar Development Central, LLC

Authorizes defeasance of up to $5 million in outstanding 2025 general obligation bonds for the St. John Properties mixed-use redevelopment, including an escrow agreement with U.S. Bank Trust Company. The defeasance will be funded by an upfront payment from Greystar under the public-private partnership.

…and related documents, in accordance with the Master Development Agreement with Greystar Development Central, LLC or its affiliates and the Housing Authority of the City of Austin or its affili…

Amends the master development agreement for a mixed-use development at 800 E. St. John Avenue to update its concept plan and provide deeper affordability.

Authorize negotiation and execution of an amendment to the existing Master Development Agreement and all necessary and related agreements with Greystar Development Central, LLC or its affiliates and t