From the Fort Worth Star-Telegram:
The City Council voted Monday night in favor of a compromise that would cap the number of apartments in the Home Town NRH area at fewer than 1,000, ending an acrimonious process that pitted developers against homeowners who lived in their development.
The council, voting unanimously over the objections of numerous homeowners, also approved a legal settlement with Arcadia Land Partners and Home Town Urban Partners, the developers who pledged to drop their lawsuits against the city in return for passage of the compromise.
The city's Planning and Zoning Commission voted this month to reduce the number of permissible apartments further, giving heart to angry homeowners. But the decision quickly drew a threat from the developers' attorney and would have forced a three-fourths supermajority vote from the council.
Tuesday, March 29, 2011
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