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File #: 24-066    Version: 1 Name:
Type: Report Status: Agenda Ready
File created: 3/12/2024 In control: Town Council/Board of Trustees
On agenda: 4/1/2024 Final action: 4/1/2024
Title: Discuss and consider the amendments to Economic Development Agreements between the Town of Westlake and Quail Hollow, Res 16-35 and 17-16, and the Economic Development Agreement between the Town of Westlake and Vaquero, Ordinance 360 and 444, accepting the responsibility and costs associated with median maintenance on Davis Boulevard adjacent to Vaquero and Quail Hallow and take appropriate action.(Sean Kilbride, Mayor)
Attachments: 1. Vaquero Arthur Subdivision Agreement 2003, 2. Vaquero subdivision improvement agreement 2000, 3. Res 16-35 Approving a Developer and Economic Agreements with Quail Hollow, 4. Res 17-16 Approving the First Amendment to the Quail Hollow Economic Development Agreement
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TOWN STAFF REPORT RECCOMENDATIONS

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Discuss and consider the amendments to Economic Development Agreements between the Town of Westlake and Quail Hollow, Res 16-35 and 17-16, and the Economic Development Agreement between the Town of Westlake and Vaquero, Ordinance 360 and 444, accepting the responsibility and costs associated with median maintenance on Davis Boulevard adjacent to Vaquero and Quail Hallow and take appropriate action.(Sean Kilbride, Mayor)

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STAFF: Sean Kilbride, Mayor

BACKGROUND:
This item was brought forward by Mayor Kilbride
DISCUSSION:
Economic Development Agreements for both Quail Hollow and Vaquero outline the areas of publicly accessible open space and medians which were agreed upon to be maintained by the HOA.
If this is a new direction that Council would like to embrace, then I would strongly encourage Council to allow staff to plan how we can make and effective shift in policy. The original intent of all the developer agreements that have been signed to date encourages each developer and future development to take on as much maintenance of open space as possible to ensuring that expenses and the tax rate stay as low as possible. This is not the usual way that most municipalities handle open space, but it has been effective in keeping the costs to run the Town low. If we decide it is in the best interest of our citizens to take over the maintenance of all publicly accessible open spaces, pathways, ROW and medians then we will incur a considerable increase in expenses revolving around landscape maintenance. With the abundance of open space as part of our comp plan there will be an equally great amount of maintenance to that open space as well and therefore may require adding personnel to oversee the third-party maintenance of this much property. We will also need to weigh the cost of using a third-party landscaping company with hiring and maintaining our own parks crew.
It will take time to properly identify all publi...

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