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Dripping Springs council grants Edison Equity $75,000 credit on permit fees after lengthy review of prior payments
Summary
Edison Equity asked the council to credit prior permit fees it paid for a proposed 175-unit senior housing project; after staff explained historical plan-review and third-party costs, council voted to grant a $75,000 credit toward the project's outstanding permit fees.
Mark Suppulveda, chief development officer for Edison Equity, told council the company has spent hundreds of thousands of dollars on permit fees, renewals and related costs while financing dragged on. He said the project — a proposed 175-unit market-rate senior living community — has incurred roughly $194,000 in prior permit fees and related expenses and faces a new…
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