The Round Rock City Council is scheduled to vote Thursday on several agreements with Kalahari Resorts for a $350 million project to build a resort, indoor and outdoor water park and convention center.

The resort is set for construction on 351 acres across from Old Settlers Park on U.S. 79. Plans call for a 975-room resort, 200,000-square-foot water park and 150,000-square-foot convention center, according to a city news release.

The council is expected Thursday to vote on a master development agreement, economic development agreement and a ground lease for the project. The public will have several opportunities in spring 2017 to comment on the project, the release says.

According to the release, the agreements call for Kalahari to employ at least 700 and invest at least $350 million in the development. The city will in turn issue bonds to provide $40 million to construct the city-owned convention center and $30 million to make road improvements on U.S. 79 and utility improvements on the property.

The council meeting will be held 5 p.m. Thursday at City Hall, 221 East Main Street in Round Rock. For more information on the project, visit tinyurl.com/jjckw5s.

— Staff report