The Preston City Council approved a $55,000 buyout offered by developers of the Enclave East subdivision to satisfy a portion of the code requirement for open space. Under the agreement the developer will pay $27,500 at commencement of phase 1 and $27,500 prior to commencement of phase 2; council directed the funds be placed into the parks and recreation budget.

City staff explained the municipal code requires 15% of platted area be provided as HOA open space and that the developer's current design shows just under the required acreage. The developer proposed a buyout in lieu of additional on‑site open space; staff and realtors provided valuations of the land in the area, with raw undeveloped acreage values lower than a developed‑lot valuation. Staff noted previous buyouts to the city have typically been in the $40,000 to $50,000 range and recommended the council consider a negotiated amount the city could use across all citizens rather than leaving the open land to a private HOA.

Council discussion divided along priorities: some members said $55,000 is within precedent and will fund park repairs and maintenance (playground repairs, dugout and roof fixes were mentioned), while at least one member said the buyout should be closer to the fair market value of the undeveloped acreage. The council expressed desire to spend the funds on park maintenance and equipment replacement.

A motion to accept the $55,000 buyout with the two payments was moved and seconded. On the roll call, Councilmember Thomas voted nay and the motion carried with the remaining members in favor. Staff recorded that the payment schedule will be enforced at phase commencements and the money would be deposited to the city parks budget when received; if the development does not proceed the agreement would be revisited.