During a recent government meeting, Kim Rozanca, representing Chaparral Properties, addressed the council regarding the final platform for a proposed development of 167 homes. This project, which has been under discussion since its initial approval in 2017, is now moving forward with a focus on mitigating significant traffic issues associated with the development.

Rozanca emphasized that the project is vested under current regulations, and the company is committed to addressing traffic concerns through minor improvements. She indicated that further phases of the project may be proposed in the future to enhance these efforts.

A key point of discussion was the financial aspect of the project. Rozanca mentioned that if the council approves the final plat, a contribution of $1 million would be allocated to expand Malibu Bar Road, aligning with state and local codes regarding proportionate fair share agreements. This funding is intended to help alleviate some of the traffic challenges identified in the area.

Council members engaged in the discussion, with inquiries about the timeline for the project’s progression. Concerns were raised regarding the current market conditions, including material costs and demand, which could impact the timeline for the first home to be constructed. Rozanca noted that the timeline is projected to be at least a year, reflecting the complexities of the current housing market.

The council is expected to deliberate on the approval of the final plat in the coming sessions, with the potential for further discussions on traffic mitigation strategies and project timelines.