Town staff presented terms of a negotiated agreement tied to a longstanding PRD dispute involving the Linwood area. The proposal would convey about 45.83 acres to the town—land described for park uses and for a possible public-safety site—and provide grading work up to a specified cap. In exchange the town would extend an impact-fee offset of approximately $2,350,000 toward the developer; the agreement would be contingent on the developer dismissing pending declaratory-judgment litigation.
Town planning staff explained the background: the municipality amended PRD requirements after the project's initial approvals, and the disagreement centered on whether the new driveway/parking requirements apply to already-approved PRD entitlements. The developer and town negotiators settled on a package that staff described as delivering public benefit (parkland, a site for a fire station, and graded land) in return for a contract-based vesting concession and an impact-fee credit.
Council members asked about valuation methodology. Staff said the developer provided an appraisal for the entire tract; staff adjusted unit values for parkland (discounted) and a public-safety parcel (premium) to arrive at a total land credit used in the impact-fee offset calculation. The town attorney indicated the agreement will require the developer to dismiss outstanding litigation as part of the closing conditions.
Council did not adopt the agreement at the workshop; staff said the matter will be placed on the upcoming council agenda, contingent on the documentation and dismissal of litigation.