Title
Little Sugar Creek Tributary to Fairview Road Sanitary Sewer Improvement Project
Action
Action:
A. Approve a five-year reimbursable contract with Barclay Properties of Southpark, LLC. in the amount of $1,750,000 to include the Little Sugar Creek Tributary to Fairview Road Sanitary Sewer Improvement project, and
B. Amend the previously approved budget ordinance appropriation of $350,000 from Liberty Healthcare to an appropriation of $350,000 from Barclay Properties of Southpark, LLC. for Fiscal Year 2017.
Body
Staff Resource(s):
Carl Wilson, Charlotte Water
Explanation
§ On August 22, 2016, the City Council:
- Amended the Charlotte Water Community Investment Plan (CIP) for Fiscal Years 2017-2021 in the amount of $1,750,000 to include the Little Sugar Creek Tributary to Fairview Road Sanitary Sewer Improvements project,
- Approved a five-year reimbursable contract with Liberty Healthcare Management to pay for the design and construction of the Little Sugar Creek Tributary to Fairview Road Sanitary Sewer Improvements project, and,
- Adopted a budget ordinance appropriating $350,000 from Liberty Healthcare for Fiscal Year 2017.
§ On October 24, 2016, Liberty Healthcare Management, Inc. informed Charlotte Water that a new entity, Barclay Properties of Southpark, LLC. had been formed and now owns the property which will be served by the sewer line improvements.
§ Charlotte Water is now requesting approval of the contract with the new legal entity, Barclay Properties of Southpark, LLC.
§ The original budget ordinance recognized Liberty Healthcare Management, Inc. as the legal owner of the property benefitting from the improvements. Therefore, an amended budget ordinance is required to change the legal entity to Barclay Properties of Southpark, LLC.
§ All other terms of the agreement will remain the same.
Fiscal Note
Funding: Charlotte Water Community Investment Plan
Attachments
Attachment
Budget Ordinance