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Commission approves fee-in-lieu for Cameron Valley subdivision
Summary
The Parks & Recreation Commission voted to accept staff's recommendation that the Cameron Valley developer pay fee-in-lieu and park development fees instead of dedicating required acreage; staff said the payments total about $490,272.40 and will go to park improvements in the zone.
The Pflugerville Parks & Recreation Commission voted to accept staff's recommendation that the Cameron Valley subdivision pay fees in lieu of dedicating parkland.
Larry Foos, the city's park development manager, told the commission the developer's calculation produced two fee-in-lieu amounts of $177,724.80 and $85,377.60 (totaling $263,102.40) and a park development fee of $227,170. "Those numbers are part of the ordinance's calculation," Foos said, summarizing the financial offer the developer is making in place of providing required acreage.
The staff recommendation, presented by meeting leadership and parks…
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