Public Hearing: YES ? NO ? Department: Watershed Management
SUBJECT:
Title
Commission District(s): 4 & 6
Agreement for the Construction and Financing of Sewer Upgrades with Company with a Contribution of $81,000.
Body
Information Contact: David Hayes
Phone Number: 770-414-6240
PURPOSE:
To consider approving an agreement for the Construction and Financing of Sewer Upgrades in the Snapfinger modelshed with Overlook at Avondale, LP.
NEED/IMPACT:
Overlook at Avondale, LP seeks to construct a 66-unit apartment building at 2741 East College Avenue, Avondale Estates, GA 30030, (the "Project") and the Project requires upgrading and expanding portions of the existing sanitary sewer infrastructure and lines to accommodate additional discharge of wastewater into the Sewer System. The purpose of this Agreement is for the parties to enter a binding contract evidencing their agreement as to the installation and financing of the improvements for this development. This development will enhance its surrounding community as per section 3 of the County policy for allocating wastewater capacity credits, hence allowing the company to participate in the completion of capacity credit generation. The improvements will consist of upgrades and expansion of certain portions of the DeKalb County sanitary sewer infrastructure and lines servicing the Snapfinger model shed. The improvements will allow for the construction of a 66-unit apartment building. The County, through its Department of Watershed Management and/or its contractor, will determine those portions of the sanitary sewer infrastructure and lines to be upgraded and expanded (the "Work"). The improvements will be completed by May 1, 2026. Completed improvements shall generate 27,223 gallons per day in sewer capacity credits as calculated per DeKalb County's Capacity Assurance Banking Credit Program. Company agrees that upon completion of the improvements...
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