Project Gets OK After Builder Agrees to Fees
A 420-house development in the Santa Clarita Valley was unanimously approved Thursday by the Los Angeles County Board of Supervisors after the builder agreed to pay school fees that have not yet been set.
The Valencia Co. project is planned for 183 acres off The Old Road near Magic Mountain.
Supervisor Mike Antonovich recommended that approval of the development be contingent on the developer’s agreement to pay a fee to help build more local schools, the amount of which is currently being negotiated. A representative of the Valencia Co. agreed.
As part of its agreement with the county, the company also must pay to improve roads and install five traffic signals in the area.