Title
Private Developer Contribution for Water Main Improvements
Action
Action:
A. Approve a developer agreement with Trinity Housing Development, LLC for water main improvements required for service, and
B. Adopt a budget ordinance appropriating $81,300 from Trinity Housing Development, LLC to the Charlotte Water Capital Projects Fund.
Body
Staff Resource(s):
Angela Charles, Charlotte Water
David Czerr, Charlotte Water
Dr. Keri Cantrell, Charlotte Water
Explanation
§ Private developer agreements and appropriations are needed when a developer is required to make infrastructure improvements that will be constructed by Charlotte Water.
§ Funding contributions from private developers must be appropriated prior to the city’s initiation of work.
§ Trinity Housing Development, LLC will contribute $81,300 for water main modifications and improvements at proposed entrances of their new development at Honeywood Avenue and Nelson Avenue in Council District 2.
Fiscal Note
Funding: Private developer contribution
Attachments
Attachment(s)
Budget Ordinance