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City reviews developer agreement to build Post Salter Road in exchange for $1.6 million in impact-fee credits
Summary
City manager presented a developer agreement that would have a private developer construct Post Salter Road and extend reuse lines in exchange for about $1.6 million in impact-fee credits; staff said the work is above and beyond what the project requires and will be conveyed to the city when completed.
The City Commission discussed a developer agreement that would have a private developer build public improvements — including the extension of Post Salter Road and reuse water lines — in exchange for roughly $1,600,000 in impact-fee credits.
City manager (staff member) said the improvements are beyond what the developer is legally required to build for its project and would be conveyed to the city upon completion. He told commissioners the…
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