Public Hearing: YES ☐ NO ☒ Department: Watershed Management
SUBJECT:
Title
Commission District(s): 4 & 7
Agreement for the Construction and Financing of Sewer Upgrades with Bottling Group, LLC a Delaware limited liability company and an indirect subsidiary of PepsiCo, Inc. not to exceed $600,000
Body
Information Contact: David Hayes, Director
Phone Number: 770-414-6240
PURPOSE:
To consider approving an agreement for the Construction and Financing of Sewer Upgrades in the Snapfinger model shed with Bottling Group, LLC a Delaware limited liability company and an indirect subsidiary of PepsiCo, Inc.
NEED/IMPACT:
Bottling Group, LLC a Delaware limited liability company and an indirect subsidiary of PepsiCo, Inc. is undertaking the expansion of its manufacturing facility located at 1644 Rock Mountain Boulevard, Stone Mountain, Georgia (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 exceeds peak flow rates per section 4 of the County policy for allocating wastewater capacity credits, hence requiring 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 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”) from the candidate areas presented in Exhibit A and the corresponding pipe rehabilitation list presented in Exhibit B. The Work shall be completed by December 31, 2022. Completed work shall generate 180,000 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 and before Company shall be allowed access to the County’s sanitary sewer system, Company shall reimburse the County up to $600,000 of the estimated $1,200,000 for sewer improvements in the Snapfinger model shed. (“Company’s Contribution”).
FISCAL IMPACT:
The County's contribution is not anticipated to exceed $600,000.
RECOMMENDATION:
Recommended Action
To authorize the CEO or designee to execute the Agreement and all necessary documents.