Council approves Highlands phase‑7 development agreement with corrected fee figures
Council approved a development agreement for the Highlands seventh phase (28 single‑family lots), directing correction to cash-condition language and confirming the developer’s remaining sewer obligation of $434,315 and required financial security of 125% ($1,391,250).
The full story
The council approved a revised development agreement with Bigelow Homes for the Highlands phase 7, a 28‑lot single‑family subdivision, after staff corrected numerical errors in the draft. Staff said the developer must pay off a remaining sewer balance of $434,315 carried from phase six and post a financial security equal to 125% as required by city ordinance (calculated in the draft as $1,391,250); staff also corrected a separate cash‑requirement figure to $118,315 before finalizing the agreement.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
Keep reading for free
Create a free account to finish this story and see the video, transcript and key details.
Continue with GoogleContinue with emailAlready have an account? Log in