How does the golf course situation compare to the situation regarding the two former drill sites in Bay Forest and Bay Oaks?
When FDC developed the Clear Lake City area, several sites were identified as potential drill sites and remained undeveloped. As neighborhoods were built out and homes were marketed for sale, these small undeveloped sites were often touted by FDC as “pocket parks” which could be used by the residents. In some cases, potential buyers were told that the sites would always remain undeveloped: A well might or might not be drilled on the site at some point, but even if a pumpjack was placed on the parcel, the land around the pump would remain undeveloped green space.As time passed, Exxon eventually ruled out the possibility of drilling on some of these reserved sites. Some of these unused sites were deeded over to their respective community associations and officially became neighborhood parks. In two cases, this did not happen. Instead, in these two cases (one site in Bay Forest and one site in Bay Oaks), Exxon signed a contract for sale with a developer. When neighborhood residents learne
When FDC developed the Clear Lake City area, several sites were identified as potential drill sites and remained undeveloped. As neighborhoods were built out and homes were marketed for sale, these small undeveloped sites were often touted by FDC as “pocket parks” which could be used by the residents. In some cases, potential buyers were told that the sites would always remain undeveloped: A well might or might not be drilled on the site at some point, but even if a pumpjack was placed on the parcel, the land around the pump would remain undeveloped green space. As time passed, Exxon eventually ruled out the possibility of drilling on some of these reserved sites. Some of these unused sites were deeded over to their respective community associations and officially became neighborhood parks. In two cases, this did not happen. Instead, in these two cases (one site in Bay Forest and one site in Bay Oaks), Exxon signed a contract for sale with a developer. When neighborhood residents learn
