ApprovedOther

Devonwood Apartments fee in-lieu agreement

Description

The Devonwood Apartments developer is proposing to pay a one-time $579,415 infrastructure contribution instead of building certain infrastructure itself. The council will consider the agreement.

Impact summary

The city gets nearly $580,000 for area infrastructure like pothole and sidewalk repair that it otherwise couldn't collect.

Applicant

Name: Devonwood Apartments, LP

At a glance

Hearings: 1
Public comments: 0
Total mentions: 1

Last vote · City Council

Approved7–0, unanimous

Discussed at 1 meeting in the last 60 days; most recently Nov 2, 2026.

Meeting timeline (1)

Nov 2, 2026Approved 7–0

City Council/Public Finance and Economic Development Authority/Parking Authority — November 2, 2026

The affordable apartment project's owner offered a one-time $579,415 infrastructure contribution instead of filing for its CFD tax exemption every year for fifteen years.

Related issues (1)

Devonwood Apartments infrastructure contribution

Last discussed Nov 2, 2026

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