Title
Rhyne Road Water Main Extension
Action
Action:
A. Approve a developer agreement with US Alliance Rhyne Venture, LLC for water main construction as part of the Rhyne Road Water Main Extension project,
B. Authorize the City Manager to amend the agreement consistent for the purpose for which the agreement was made, and
C. Adopt a budget ordinance appropriating $949,867 from US Alliance Rhyne Venture, LLC for a portion of the Rhyne Road Water Main Extension project in the Charlotte Water Capital Projects Fund.
Body
Staff Resource(s):
Angela Charles, Charlotte Water
David Czerr, Charlotte Water
Keri Cantrell, Charlotte Water
Explanation
§ The Rhyne Road Water Main Extension project extends approximately 300-feet of 16-inch water main tunneled underneath two commercial rail lines on Mount Holly Road to the existing 12-inch water main located on Rhyne Road (Council District 3). The project will increase flow capacity, improve water quality, and add redundancy to the city’s water supply network.
§ Private developer agreements and appropriations are needed when a developer is required to make infrastructure improvements that will be constructed by Charlotte Water.
§ Funding contributions from private developers must be appropriated prior to the city’s initiation of work.
§ The $949,867 in private developer funding contributes fifty percent of the total estimated cost of construction.
§ Charlotte Water will construct and maintain the water main as part of the public water distribution system.
Fiscal Note
Funding: Charlotte Water Capital Investment Plan and Private Developer Contributions
Attachments
Attachment(s)
Budget Ordinance
Map