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Council approves tax-and-fee assistance for Parker Main Street Exchange; mayor and councilmember recused
Summary
Council approved a tax-and-fee assistance agreement for converting the Exchange Building into mixed-use retail and office space; the mayor and Councilmember Wilkes disclosed conflicts and recused. Staff recommended reimbursing up to 50% of new sales tax revenue over 10 years with a $600,000 cap.
The Parker Town Council approved a tax-and-fee assistance program agreement on April 7 for the Parker Main Street Exchange building at 19590 East Main Street, a project proposing to convert ground-floor office space into retail and restaurant uses. Mayor Joshua Rivera and Councilmember Brandy Wilkes disclosed conflicts of interest and left the chamber; the council proceeded with the public hearing and later approved the agreement 5–0.
Economic development staff presented the project as a redevelopment of an early-1980s office building that would add ground-floor retail including a planned 3,000-square-foot restaurant and convert an approximately 1,400-square-foot former drive-through into retail space. Staff said the building lacks modern code elements — no fire alarm or sprinklers,…
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