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Council approves nonbinding MOU with Land Reserve for Creek Ridge property swap and MDA changes
Summary
The council approved a nonbinding memorandum of understanding with Land Reserve and the Olympia Group to swap park and development parcels, reduce commercial acreage requirements, and adjust unit counts in the Creek Ridge area; the MOU precedes formal MDA amendments and planning commission actions.
Herriman City Council on April 9 approved a memorandum of understanding (MOU) with Land Reserve and the Olympia Group to swap portions of Creek Ridge property, transfer the Creek Ridge park parcel to the city, and amend development agreement (MDA) terms in advance of formal MDA and rezoning actions.
Staff described the key terms: Land Reserve will convey park property plus a roughly three-quarter-acre parcel; the city will…
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