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File #: 15-14584    Version: 1 Name:
Type: Business Item Status: Agenda Ready
File created: 11/4/2020 In control: City Council Business Meeting
On agenda: 12/14/2020 Final action:
Title: Goose Creek Sanitary Sewer Extension to Cresthill Reimbursable Agreement
Attachments: 1. Budget Ordinance, 2. Map

Title

Goose Creek Sanitary Sewer Extension to Cresthill Reimbursable Agreement

 

Action

Action:

A.                     Approve a five-year reimbursable agreement with Green Street Land Company LLC for construction of the Goose Creek Sanitary Sewer Extension project in the amount of $2,400,000, and

 

B.                     Adopt a budget ordinance appropriating $2,400,000 from Green Street Land Company LLC.

 

Body

Staff Resource(s):

Angela Charles, Charlotte Water

David Czerr, Charlotte Water

Carl Wilson, Charlotte Water

 

Explanation

§                     This agreement will include design, real estate acquisition, permitting, construction, inspection services, project administration, and any other expenses accrued from construction for the Goose Creek Sanitary Sewer Extension project in the Town of Mint Hill (adjacent to Council District 5).

§                     The project will construct approximately 5,400 linear feet of 8-inch sanitary sewer line from Lawyers Road to Cresthill Drive and will provide public sanitary sewer service for the area.

§                     This project is included in the Charlotte Water Capital Investment Plan (CIP) with funding scheduled for Fiscal Year 2025.

§                     In accordance with the Water and Sewer Extension Policy, Green Street Land Company LLC has applied for a five-year reimbursable agreement to accelerate the project in the CIP.

§                     Green Street Land Company LLC will donate the design, and Charlotte Water will procure the contractor for construction.

§                     The initial deposit required to be paid by the applicant is ten percent of the estimated total eligible cost or $2,400,000. A budget ordinance is required to accept the developer funds.

§                     In accordance with the Water and Sewer Extension Policy, Green Street Land Company LLC will be reimbursed 84.3 percent of the total eligible project costs in five equal annual payments starting one year after completion of construction. 

 

Fiscal Note

Funding: Charlotte Water Capital Investment Plan

 

Attachments

Attachment(s)

Budget Ordinance

Map