Approved a mitigation agreement for the Prose Townhomes Residential Development to address high school capacity needs.

In plain words

A mitigation agreement for the Prose Townhomes residential development, requiring the developer to pay for needed high school capacity because the district says none is available.

What changes The developer is bound to the Proportionate Share Mitigation Agreement terms, and the development application stays active while mitigation is completed.

Who and the money Applies to the Prose Townhomes residential development; the record states there is no fiscal impact.

Stated reason (staff, quoted): "if the School Board determines that adequate capacity does not exist but that mitigation is an acceptable alternative, the development application will remain active pending the conclusion of the mitigation negotiation period"

Why (staff, quoted) "On September 10 , 202 4, the applicant for the residential d evelopment project was notified that high school capacity was not available to serve the proposed residential developmen t and was offered the option to mitigate for the needed capacity."

Written from the Board's minutes and the agenda item's staff text on BoardDocs, checked by script: every number appears in the record. Agenda on BoardDocs