Minutes 11/10/1970 - Laserfiche WebLink

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15 TUESDAY NOVEMBER 10, 1970 Of major consideration is the State Highway Department's concept of a future new street, to comprise a part of the City's thoroughfare plan, which when built will take several of the kinks out of Spruce Street in this general area. The proposed new street would run to the east of but not contiguous to the new Tan Bark Place subdivision. On the other hand, when this future thoroughfare street is built, the terrain, particularly on the east side thereof, will be quite conducive to economic frontage development. - Outside the Tan Bark Place area, it seems that there can be no anticipated return, in the immediately foreseeable future, from a line which would extend from Mulberry Creek Interceptor to Tan Bark Place, but the potential of the future street is a definite factor. Because the Tan Bark Place developers acted in good faith, and have made substantial investment based on conditions as they understood them, it is recommended that Council consider this situation as a special or non- precedent situation. Accordingly, it is recommended that Council assume that in the future a street will be located approximately where the State shows the proposed location and agree to install the sanitary sewer line to a point in the approximate west boundary line of the future street. The estimated cost of extending 1,750 ft. of 8 inch sewer line from the interceptor to this point would be approximately $9,187. The plan would be to advertise all of the sewer line installation, in a single contract, with the City to agree to pay $9,l87 with the developer to pay any and all sums in addition to this amount. It is estimated that the developer's cost would be $4,802. This recommendation carries with it the stipulation that Tan Bark Place developers would have the potential of recouping a part of its investment, on the west side of the proposed thoroughfare street, particularly from the Convalescent Home, with the City stipulating that the water shed per acre cost of amortizing the City's $9,l87 would be collected from the developers as the acreage within the water shed is developed in the future. If Council were to accept this plan, the Director of Public Works would determine the acreage in advance, and this per acre recovery, in addition to the connection fee, would be allocated now. Should Council accept this plan, its details should be in the minutes, and there should be prepared for Council's consideration a contract between the City and the developers of Tan Bark Place.. With reference to Council's July 28th (1970) approval of the request for water service for the Mount Olivet Court Subdivision, as filed July l4, 1970, by the R. H. Wimbish Corporation (R. H. Wimbish, President), Council authorized City Manager Noland to execute--on behalf of the City--a contract with the Mount Olivet Corporation (Dated October l6, 1970) setting forth the regulations and conditions under which water service is to be provided said subdivision, located outside the City's corporate limits off State Route 57 (Chatham Road).