Texas officials attempted to buy Todd Interest's contract for Fairfield Lake State Park land for $95 million.
The Texas attorney general’s office has said the state will get Fairfield Lake State Park “by any and all legally available means.”
Aerial view of Fairfield Lake with storms rolling in shown looking from the north toward Fairfield Lake State Park at the south side of the lake at bottom left on Monday.The Dallas Morning News detail the power struggle over 5,000 acres in rural Freestone County, including a recent attempt by state park officials to purchase the land for $95 million.
Texas Parks and Wildlife Department made the multimillion-dollar offer in a letter dated June 1 to landowner Vistra Energy. The letter — which included a promise to close on the deal by the end of July when funds were in order — was signed by TPWD Commission Chairman Arch Aplin III, who is also the CEO of Buc-ee’s.
Privately owned Vistra Energy has leased the land to the state at no cost since 1971. It listed the land, which includes the 2,400-acre state park, for sale in 2021 with an asking price of $110 million. Dallas-based developer Todd Interests has had the land under contract for close to a year.
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