Controversy Surrounds Future of Fairfield Lake State Park in Texas

Developers purchasing Fairfield Lake State Park in Texas have expressed their "astonishment" that the state would consider acquiring the property through eminent domain, just days after a meeting was scheduled to consider the acquisition. The park, leased to the state for decades by Vistra Energy, has been permanently closed to the public and will be turned into a gated community with multi-million dollar homes and a golf course. The Texas Parks and Wildlife Department had declined an opportunity to purchase the property twice and offered a $20 million assignment fee and up to $5 million in expenses reimbursements to buy Todd Interests out of its contract with Vistra.
- Developer expresses ‘astonishment’ over state hearing to consider park takeover KXAN.com
- Fairfield Lake park’s sale to developer final, despite state’s last-minute $95M offer Fort Worth Star-Telegram
- Popular Texas state park with access to 2,400-acre lake may have just closed for good KSAT San Antonio
- Texas offered $95 million for Fairfield Lake State Park land The Dallas Morning News
- Texas Parks and Wildlife considers condemning Fairfield Lake State Park to acquire property Waco Tribune-Herald
Reading Insights
0
0
3 min
vs 4 min read
85%
704 → 108 words
Want the full story? Read the original article
Read on KXAN.com