Council authorizes negotiation of development agreement with Four Rivers Capital for 252-unit project
May 27, 2025
May 27, 2025
Council authorized the City Manager to draft, negotiate and execute a development agreement with Four Rivers Capital for a proposed ~252-unit multifamily development; developer will construct street and water infrastructure and may receive impact-fee credits.
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The Melissa City Council unanimously authorized the City Manager on May 27 to draft, negotiate and execute a development agreement with Four Rivers Capital for a proposed multifamily development of approximately 252 units near Melissa Road and Telephone Road.
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