On April 15, Lewisville City Council approved an economic development agreement with XMPK, a new entity set up by the developers of South Village and Uptown Village, in Old Town Lewisville to build a four-unit townhome project at the southwest corner of Walters and Harris streets. The agreement provides for the waiver of street escrow fees for both streets at an estimated value of $96,000. In addition, all fees normally associated with the issuance of a building permit and park dedication requirements are waived. The townhomes will be two stories with the living area and one bedroom on the first floor. The approximate value of each home is $300,000, which includes land. The project will have an approximate taxable value of $1.2 million in total.