The area outlined in red shows the land contracted by Austin Community College for a San Marcos campus. San Marcos High School is immediately to the north of the area, while Bowie Elementary School is shown on the east. Graphic provided by Austin Community College.
The Austin Community College (ACC) District announced Tuesday that it has contracted for 72 acres just south of San Marcos High School for an ACC campus in San Marcos.
The contract, which is contingent on voter approval for San Marcos CISD to enter the ACC district on Nov. 2, calls for the community college district to pay in $2.8 million to Cottonwood Creek, LTD, for 21 acres. Cottonwood Creek is donating an additional 51 acres. Cottonwood Creek, a planned development that would ultimately straddle Guadalupe Street at Old Bastrop Highway (CR 266) is an interest of Randall Morris.
If San Marcos CISD voters approve their annexation into the ACC district, they would pay an additional 9.46 cents of property taxes per $100 of assessed valuation. Senior citizens and disabled property owners in the proposed annexation zone would receive a $105,000 tax exemption. ACC also offers a $5,000 homestead exemption. San Marcos CISD residents would be able to attend ACC classes for the in-district rate of $42 per credit hour, as opposed to the out-of-district rate of $150 per credit hour. ACC also would build a campus on the Cottonwood Creek site.
San Marcos CISD is forecasting $3.32 billion in property value during its budget deliberations for 2010-11.
“ACC’s master plan calls for building a comprehensive campus in San Marcos, and acquiring the land now is a smart strategy,” says Stephen B. Kinslow, ACC’s president/CEO. “It allows us to proactively plan for growth in order to continue meeting the wide-ranging educational needs of our eight-county, 7,000-square mile service area.”
ACC’s recent land-banking efforts to add campuses include acquisitions in Bastrop, Elgin, Kyle, Leander, and north central Austin totaling $35.4 million.
The community college district’s master plan also includes the construction of campuses in Hays CISD, Bastrop ISD, and Elgin ISD. Like voters in San Marcos CISD, residents of Hays CISD, Bastrop ISD, Elgin ISD, and McDade ISD are considering joining the ACC district. Only registered voters within each area will be eligible to cast a ballot in their local elections this fall.
ACC’s master plan also includes the future construction of a campus in Leander ISD, which already is part of the ACC taxing district. Other areas in the taxing district include the city of Austin and the Austin, Manor, Del Valle, and Round Rock ISDs.