<body><div><figure><img src="https://img.particlenews.com/image.php?type=thumbnail_580x000&amp;url=1N5Dkk_0vjP6SgD00" alt="https://img.particlenews.com/image.php?url=1N5Dkk_0vjP6SgD00" width="1662" height="1247" ><figcaption>Plano City Hall.&nbsp; WSPYnews.cpm stock file photo.</figcaption></figure><p>The Plano City Council is taking steps to free up a partially developed property for future development just north of Sweetbrier Place.</p><p>City Attorney Bill Thomas says the entity that owns the property owes a debt on land that has yet to be developed. The city is working on a way to allow the owner to make a payment to its debt holders, making the property more appealing to developers who might not consider it viable under the current debt obligations.</p><p>There are already roads built.</p><p>On Monday, the city council approved a consultant to generate a special tax roll and report, which is part of the process of determining a flat rate the landowners could pay to remove the debt on the land. The cost for that service is not to exceed $7,750.</p></div></body>

Mountain View, CA

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Plano City Council takes steps to clear debt on land north of Sweetbrier Place

The Plano City Council is taking steps to free up a partially developed property for future development just north of Sweetbrier Place. City Attorney Bill Thomas says the entity that owns the property owes a debt on land that has yet to be developed. The city is working on a way to allow the owner to make a payment to its debt holders, making the property more appealing to developers who might not consider it viable under the current debt obligations.