The Venice City Council on Tuesday ended its attempt to enforce payment of “extraordinary mitigation fees” paid by Neal Communities for land the city annexed.
The Herald-Tribune reports that under the agreement reached yesterday, the city must pay Neal more than $795,000 within the next ten days.
That’s the reimbursement for fees that were assessed for both Windwood and the VICA/Milano properties — as well as any fees paid to the city since March 1.
The city must also pay Neal an additional $160,000 in damages.