This information came from the City Council Meeting held on Oct. 25, 2011.
This is a proposed development of 409 acres into 824 residential lots, a 70 acre man-made lake, open space, parks, a commercial area, and other associated improvements. The project will also include construction of approximately 14,000 linear feet of new 300-year storm event levee.
What was stunning to me was how off track this entire discussion was and the hard questions were not asked. In what was supposed to be a discussion for an extension of up to 13-years on top of the 7 remaining. The discussion went into project design and specifications. Topics included solar, water heating, LED lighting, security cameras, sound walls and the maintenance of the lake including Shea homes proposing HOA fees go to maintenance of the lake. While these debates should occur, this was neither the time nor place. The purpose per the agenda was to decide whether or not to grant Shea Homes an additional 13 year extension (until 2031).
Councilwoman Anderson may have asked the best question on this topic of why did they (Shea) think they could do it now when they originally proposed the project and why do they want such a large extension. In response, Shea’s representative failed to make any sort of argument to justify an extension in my opinion. Shea instead choose to discuss how they are in good standing with the City. It doesn’t take a genius to realize they want the extension to make more money when the economy improves while locking in lower fees, and cost to do business in terms of specifications—remember, there is a little thing called inflation.
Mayor Fraizer did his best to bring up fees and protecting the city, which included trying not to lock future councils into a bad deal. In response, Shea requested wording in any amendment that had to do with “referring back to this councils intentions of this council”.
Excuse me Mr. Shea Homes, “intentions” can be interpreted in many ways! I would hope the city does not fall for this nonsense and get into semantics about “intentions”. I hope the final agreement in any extension removes intentions and this is lock tight that protects the city at all cost.
Frazier and Councilman Pope stated three year extension and Shea could reapply for another extension, meanwhile councilman Romick seemed to change his opinion many times and finally agreeing with Councilwoman Anderson on a 10-year extension. The council settled on a 10 year extension until 2025.
At this time, it appears to me that no extension was warranted and should never have been extended.