After a staff presentation and applicant remarks, the Planning and Zoning Commission voted unanimously to recommend council approval of amendments to PD20 for a 19.2-acre mixed-use shopping center at FM 720 and Cheyenne Prairie, placing conditions on convenience-store and canopy signage, Oak Point monument branding, and architectural coordination for pad sites.

Council authorized issuance of remaining GO bonds (~$3.29M) and certificates of obligation (~$11.81M), producing combined project proceeds of about $15.3M with final true interest costs near 4.76–4.78% and a AA+ rating affirmed by S&P.

Council adopted the annual budget for fiscal 2026–27 (ordinance 2026-09-699) and approved a proposed property tax rate (stated in the packet as 0.474460 per $100); both actions passed on roll-call votes with all members recorded as voting in favor.

Council approved an updated solid‑waste and recycling agreement with Republic Services effective Oct. 1, 2026, including a 5% rate increase, new data/reporting requirements and a five‑zone bulk‑pickup schedule; council directed staff to order zones by neighborhood density.

Developer Brian Banner and planner Randy Rivera described an 'Aristocrat Boutique Hotel' and 'Stonemaier Estate' concept intended as an estate‑style boutique hotel and event venue; the applicant estimated about $1.7 million in annual revenue for the hotel and venue together and offered buffers and operational rules to address neighbors' concerns.

The Oak Point Planning and Zoning Commission voted unanimously to keep the public hearing open on a PD rezoning request for a 10‑acre site on McCormick Road that would allow a 110‑room boutique hotel and an 18,000 sq ft event center, asking the applicant to return in November with traffic, drainage, facade, noise and fire‑safety information and a business/operations plan.