Developer Reimbursement Agreement – Behind the Curtain Another Developer Windfall at Taxpayer Expense
Cross post from RooneyValleyNews
The Lakewood City Council voted 6 – 3 in favor of the new Developer Reimbursement Agreement.
Yet, the discussion between council members and staff told a story that would give reasonable residents pause to wonder “why”.
[Video inserts from meeting provided]
But the Adam Paul group insisted this was just between developers and there would be no cost whatsoever to the residents of the homes built in these developer “reimbursement areas”.