Title
Appropriate Private Developer Funds
Action
Action:
Adopt a budget ordinance appropriating $25,000 in private developer funds from Toll Brothers for improvements along the Urban Arboretum Trail in the Greenville community to the General Placemaking Program Fund.
Body
Staff Resource(s):
Alyson Craig, Planning, Design & Development
Erin Chantry, Planning, Design & Development
Explanation
§ Rezoning petition 2021-102 (approved by the City Council on November 18, 2021) included a developer contribution of $25,000 to the City of Charlotte’s Placemaking Program.
§ The petition allows for the development of up to 83 single-family attached units on Hamilton Steet (parcel identification number 078-453-01) in Council District 1.
§ The funds are to be used by the city to pay for signs, historical markers, and/or educational markers along the portion of the Urban Arboretum Trail located in the Greenville Community and/or to pay for other improvements along that portion of the Urban Arboretum Trail.
§ Within the Greenville neighborhood, the Urban Arboretum Trail is planned for Whisnant Street, Spring Street, and Hamilton Street.
Fiscal Note
Funding: Private Developer Contributions
Attachment(s)
Urban Arboretum Trail Map
Budget Ordinance (attach)