Controversy Surrounds Future of Fairfield Lake State Park in Texas

1 min read
Source: KXAN.com
Controversy Surrounds Future of Fairfield Lake State Park in Texas
Photo: KXAN.com
TL;DR Summary

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.

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