Developer offers $2 million participation for Kidron Road improvements tied to Reagan Ridge subdivision

Representatives for developer Suncrest presented a proposed participation agreement to the board June 16 that would provide $2 million to the city to be used for intersection improvements at Kidron Road and Port Royal when the city decides to proceed.

John Cooper of Holland & Knight, representing Suncrest, said the funds would be contributed at the time of the developer’s first building permit rather than first occupancy, accelerating when the city would receive money. Cooper said the developer also agreed to construct left and right turn lanes from Kidron Road onto the new access road.

Cooper noted the property lies in Maury County but the city annexed Kidron Road in 2005, so the intersection at Kidron and Port Royal is controlled by Spring Hill. He said the project already has preliminary plat approval from Maury County and the subdivision can proceed without the Kidron connection; the proposed agreement would provide an optional funding contribution and an additional access point.

Mayor Fitter and board members asked for clarifications: the board requested staff review language to ensure the city has the ability to review signal optimizations and any connection design before construction. Cooper agreed to work with staff on language giving the city review input on signal timing and the connection location. Cooper and the developer said the funds are not contingent on city action to construct the intersection and the city would not be obligated to spend the money until a full project funding plan is in place.

No formal vote was taken; staff members said they would follow up with the developer and prepare any amendments or proposed agreement language for future board consideration.