Title
Appropriate Private Developer Funds
Action
Action:
Adopt a budget ordinance appropriating $160,000 in private developer funds for infrastructure improvements to the General Capital Projects Fund from the following developers:
- GJH University, LLC
- WPBXW Highland, LLC
Body. Body
Staff Resource(s):
Phil Reiger, General Services
Jennifer Smith, General Services
Veronica Wallace, General Services
Explanation
§ Private developer agreements and appropriations are needed when a developer is required through the city rezoning process to make infrastructure improvements.
- GJH University, LLC contributed $30,000 for the JW Clay Boulevard Streetscape Project (Council District 4).
- WPBXW Highland, LLC contributed $130,000 for the Prosperity Church Road (Old Ridge Road to Benfield Road) (Council District 4)
§ The developer contribution is based on cost estimates prepared by General Services.
§ The city will construct the improvements as part of these projects.
Fiscal Note
Funding: Private Developer Contributions
Attachments
Attachment(s)
Map
Budget Ordinance