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File #: 15-15408    Version: 1 Name:
Type: Business Item Status: Agenda Ready
File created: 3/10/2021 In control: City Council Business Meeting
On agenda: 4/26/2021 Final action:
Title: Appropriate Private Developer Funds for the North Tryon and 36th Street Streetscape Project
Attachments: 1. Map_Appropriate Private Developer Funds, 2. Budget Ordinance

Title

Appropriate Private Developer Funds for the North Tryon and 36th Street Streetscape Project

 

Action

Action:

Adopt a budget ordinance appropriating $25,000 in private developer funds from Grubb Properties for the North Tryon and 36th Street Streetscape Project to the General Capital Projects Fund.

 

Body

Staff Resource(s):

Phil Reiger, General Services

Jennifer Smith, General Services

Tom Russell, General Services

 

Explanation

§                     This action appropriates $25,000 in private developer contributions for sidewalk improvements for the North Tryon and 36th Street Streetscape Project and other related work associated with the developer’s projects (Council District 1).

§                     These improvements are required by the city’s zoning requirements; the private developer is providing funds to the city for the city to make these improvements on behalf of the developer.

§                     These funds must be appropriated prior to the city’s initiation of work.

§                     North Carolina General Statute 160A-309 authorizes the city to contract with a developer or property owner for public improvements that are adjacent or ancillary to a private land development project when the city determines that coordination of separately constructed public improvements would be impracticable.

 

Fiscal Note

Funding:  Private Developer Contributions

 

Attachments

Attachment(s)

Map

Budget Ordinance