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Developers to build off-site McDonald Road trail using $449,596 in park fees; board recommends council approval
Summary
The board recommended that council approve an agreement allowing Estates of Bristol Valley LLC to use $449,596.51 in park fee-in-lieu funds to construct a 10-foot concrete off-site trail segment along McDonald Road to connect to the Stoneleigh trail system.
The Park Board unanimously voted to recommend that City Council authorize an agreement permitting Estates of Bristol Valley LLC (Michael Joyce Properties) to use $449,596.51 in park fee-in-lieu funds to build off-site trail segments that would connect the subdivision to the city's trail network.
Staff said the total is derived from 120 lots at $3,540.13 per dwelling unit, producing an immediate available sum of $449,596.51. The work described includes a 10-foot concrete trail,…
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