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Smyrna agrees to accept 19.69-acre park donation and offset up to $1.55 million in impact fees
Summary
The council voted to accept a roughly 19.69-acre land donation for a public park from the Waldron family partnership and approved an impact-fee offset agreement that limits developer rebate to a maximum of $1,548,253.98 for future phases of the Ventures development.
The Smyrna Town Council voted to accept a roughly 19.69-acre tract of land proposed for donation by the Westerwald/Waldron family limited partnership and approved a related agreement authorizing the mayor to offset park impact fees up to a maximum of $1,548,253.98.
Planning and staff told the council the parcel came with a legal description, survey and a concept plan; the planning commission reviewed the donation under mandatory referral and recommended approval. Staff said the value of the land plus developer-funded improvements exceed…
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