On Friday, Palmer Lake announced a negotiated agreement with Buc-ee’s on a proposed annexation of land for a travel station.
In the agreement, the town states Buc-ee’s obligations if the annexation passes, including water use, road re-pavements and various costs toward Palmer Lake.
As part of the agreement, Buc-ee’s offered to pay for the installation of a well that the town had already planned on building. This will save almost $4.3 million, according to town officials. In addition to this, Buc-ee’s will install a second well and a water line, which will cost over $9 million, the agreement says.
The agreement also claims that Buc-ee’s is to make a one-time payment to the town of $350,000 within 30 days of opening, and another $150,000 to go toward “specific public uses.”
The town noted a concern of crime being attracted to the area and collaborated with police chiefs in several towns where Buc-ee’s has locations, who mostly assured town officials of no significant increase, only the occasional weekend or holiday 911-call spike. One chief in Terrell, Texas, did note his department increased its budget by $400,000 after their Buc-ee’s opened.
Palmer Lake’s Board of Trustees is scheduled to vote on the negotiated agreement at a meeting on Aug. 28.