File #: 18-0446    Version: Name:
Type: Ordinance Status: Passed
File created: 4/3/2018 In control: City Council
On agenda: 4/24/2018 Final action: 5/8/2018
Title: Second Reading Ordinance - Appropriating and transferring trust funds for Trunk Main Line Extension Construction and Reimbursement Agreement (1st Reading 4/24/18) Ordinance appropriating and transferring $350,000.00 from Sanitary Sewer Collection Line Trust Fund, $750,000.00 from Water Distribution Main Trust Fund, and $1,166,283.53 from Water Arterial Transmission and Grid Main Trust Fund to the Wastewater Trunk System Trust Fund; executing a Wastewater Trunk Main Line Extension Construction and Reimbursement Agreement with Braselton Custom Homes Ltd, LP; and appropriating $4,266,283.53 to reimburse Developer in accordance with Agreement.
Sponsors: Development Services
Attachments: 1. Agenda Memo 4.13.pdf, 2. Ordinance - Wastewater Reimbursement Agreement - LondonTowne_, 3. Reimbursement Agreement with exhibits 4-13-18, 4. Presentation-Braselton Reimbursement Agmt.

Title

Second Reading Ordinance - Appropriating and transferring trust funds for Trunk Main Line Extension Construction and Reimbursement Agreement (1st Reading 4/24/18)

 

Ordinance appropriating and transferring $350,000.00 from Sanitary Sewer Collection Line Trust Fund, $750,000.00 from Water Distribution Main Trust Fund, and $1,166,283.53 from Water Arterial Transmission and Grid Main Trust Fund to the Wastewater Trunk System Trust Fund; executing a Wastewater Trunk Main Line Extension Construction and Reimbursement Agreement with Braselton Custom Homes Ltd, LP; and appropriating $4,266,283.53 to reimburse Developer in accordance with Agreement.