Title
Contract Amendment to Reimbursable Contract with Bridges at Mint Hill LLC
Action
Action:
A. Approve contract amendment #2 to the existing sewer reimbursable contract with the Bridges at Mint Hill, LLC, and
B. Adopt a budget ordinance appropriating $2,934,698 from Bridges at Mint Hill, LLC.
Body
Staff Resource(s):
Angela Lee, Charlotte Water
Carl Wilson, Charlotte Water
Explanation
* The City of Charlotte entered into a five-year reimbursable contract with the Bridges at Mint Hill LLC in the amount of $3,305,220 on October 28, 2014.
* The original contract was designed to have the Bridges at Mint Hill LLC provide funding for the construction of a wastewater lift station and associated force main and gravity sewers in The Town of Mint Hill in the Goose Creek basin.
* The City has determined that it would be best to combine the Goose Creek lift station and the Stevens Creek basin lift station into one facility, which will reduce future operating and maintenance cost. Funding for the Stevens Creek lift station is currently included within Charlotte Water's Community Investment Plan. Therefore, the two projects are going to be combined into one construction contract.
* The original contract requires the developer to fund the entire construction contract upon determination of the construction cost, however now that the total construction contract amount will include the additional cost to provide for the Stevens Creek lift station, this amendment will limit the Bridges at Mint Hill LLC cost to the original contract amount of $3,305,220 for just the portion that would serve the Goose Creek basin, as originally agreed upon by all parties.
* Amendment #1 to the original contract was to allow the Bridges at Mint Hill LLC to select and contract with an engineer to design the original project. The original agreement was amended to remove these engineering costs from the project cost, as the selection did not go through a public qualifications based selection pr...
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