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Council tables Creekside park improvement‑fee agreement after questioning timing, amenities and escrow protections
Summary
The Town Council tabled a park improvement‑fee agreement with Shattuck Creekside Prosper LLC after members raised questions about amenities, timing and the absence of escrow or penalty language in the proposed agreement.
The Town Council on Oct. 28 tabled for further review a proposed park improvement‑fee agreement with Shattuck Creekside Prosper LLC after members questioned the proposed scope, timing and the absence of penalty or escrow protections.
Town staff described the developer's proposal: the developer would dedicate slightly more than 7 acres of parkland and pay a park improvement fee of $331,500. Staff estimated the town's portion of a built park (after an approximate $50,000 credit tied…
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