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File #: 15-14692    Version: 1 Name:
Type: Consent Item Status: Agenda Ready
File created: 11/20/2020 In control: City Council Business Meeting
On agenda: 12/14/2020 Final action:
Title: Midtown/Pearl Park Way Redevelopment Project - Infrastructure Reimbursement Agreement
Attachments: 1. Kenilworth Avenue and Pearl Parkway Map
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideoAudio
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Title

Midtown/Pearl Park Way Redevelopment Project - Infrastructure Reimbursement Agreement

 

Action

Action:

Authorize the City Manager to negotiate and approve a developer agreement with Pappas Midtown, LLC for infrastructure improvements at the Kenilworth Avenue and Pearl Park Way intersection in the amount of $570,000.

 

Body

Staff Resource(s):

Liz Babson, Transportation

Johanna Quinn, Transportation

Felix Obregon, Transportation

 

Explanation

§                     Pappas Midtown, LLC is redeveloping a piece of property at the intersection of Kenilworth Avenue and Pearl Park Way and partnering with the city to improve the pedestrian and bicycle infrastructure at this intersection.

§                     The work will create enhanced crossings for pedestrians and cyclists between Pearl Street Park and Little Sugar Creek Greenway located in Council District 1.

§                     Improvements include enhanced pavement markings for pedestrians and bicyclists, traffic signals for pedestrians and bicyclists, and a physical barrier separating pedestrians and bicycles from vehicles.

§                     The agreement will provide the city’s reimbursement to Pappas Midtown, LLC.

 

Charlotte Business INClusion

All additional work involved on this contract amendment will be performed by Pappas Midtown, LLC and their existing subcontractors. (Part G: Section 2.6 of the Charlotte Business INClusion Policy)

Pappas Midtown, LLC has committed 7.00% (MBE) and 19.00% (SBE) of the total contract to MSBE certified firms.

 

Fiscal Note

Funding: General Capital Investment Plan

 

Attachments

Attachment(s)

Map