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Nicholasville authorizes MOAs for two mixed‑use projects; Saha amendment sets exaction fees and preserves open space

Nicholasville City Commission · November 18, 2024
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Summary

Commission authorized the mayor to sign memoranda of agreement with DWH Properties LLC and with Saha & Rebecca J. Saha for mixed‑use developments; staff said the Saha amendment preserves about six acres of open space and establishes a $1,500 per‑lot exaction with a two‑year grace period.

The Nicholasville City Commission authorized memoranda of agreement with two developers during its Nov. 18 special meeting, advancing mixed‑use projects on the city’s development docket.

City staff presented a memorandum of agreement with DWH Properties LLC describing a mixed‑use extension near Kohl’s and Sam’s Club that would include retail, industrial and residential components; the commission authorized the mayor to sign that MOA.

An amended MOA with Saha and Rebecca J. Saha was also approved. The applicant told commissioners the revised plan provides about six acres of open space and that the city’s exaction fees have been revised to match prior practice: $1,500 per single‑family or townhouse lot, to be paid at the time of permit. Staff noted the amendment dropped an earlier multifamily fee and added a two‑year grace period should the city change rates. Commissioners asked about detention areas in the park space and whether exhibits had been updated; staff confirmed the green-space acreage and said exhibits were revised and circulated to commissioners.

Commissioners moved and seconded authorization for the mayor to sign both MOAs; roll-call votes were recorded in the affirmative. Staff said subsequent steps will be standard: finalize exhibits, process permits and coordinate site engineering (detention/park space) consistent with the MOAs and city development standards.