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Board approves multiple developer MOUs totaling roughly $0.5M in mitigation value for Kuna schools
Summary
Trustees approved a set of memoranda of understanding with developers (Sonoran Sky, Newbury Place, Victory Springs, Kirk Branch/Selkirk Ranch) that commit cash, in-kind work (parking expansion) and access improvements as mitigation for new housing; values cited in discussion total roughly $500,000 in mitigation commitments across projects.
Tim Jempson presented a package of memoranda of understanding (MOUs) between the district and several developers that the district treats as mitigation for residential growth.
Sonoran Sky (formerly Markovitz Subdivision) carries an agreement to contribute toward a school bus purchase with a value the presenter estimated between $120,000 and $140,000 payable on or before the final certificate of occupancy. Newbury Place offered a $49,000 cash contribution plus a developer-built access path valued at $149,000 (combined mitigation…
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