1998 Nissan Dealership agreement

On Tuesday night, Dallas Maham provided the Board with copies of the agreement signed by NSCNA and the developers of the Lucas Tract which is now the location of the Nissan Dealership north of our neighborhood. This occurred in 1998 and provided our association with $25,000.

You can read the agreement here.

“A combined total of a twenty-five thousand dollar contribution from North Shoal Creek Commercial, Ltd. and Town North Autoplex to be utilized for neighborhood traffic calming efforts or any other neighborhood project. ”

The NSCNA was working with the City to provide speed humps to slow traffic down, but the City around 1999 decided to suspend all traffic calming projects. This money has been accruing interest since this time and now sits close to $30000.

The City has decided to restart traffic calming projects in 2008 with a pilot program. Their plan is to choose 4 neighborhoods with the greatest need and work with them to implement traffic calming measures. They have not chosen the 4 neighborhoods yet, but the traffic committee is doing everything we can to increase our odds. We also do not know if this means more speed bumps, or if technology has improved to include new items that help. But we are certain that neighborhoods that have the ability to partially fund these traffic calming projects will get considerably more attention from the City.

1998 Nissan Dealership agreement