Public Hearing: YES ? NO ? Department: Watershed Management
SUBJECT:
Title
Commission District(s): 3 & 6
Agreement for the Construction and Financing of Sewer Upgrades with Fullerton Family I, LP
Not to Exceed $222,500.
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 Fullerton Family I, LP.
NEED/IMPACT:
Fullerton Family I, LP seeks to enhance the community by constructing 248 Affordable Housing Units at 3101 Clifton Springs Road, Decatur, GA 30034, (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 a total of 248 residences. 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 Work will be completed by July 1, 2024. Completed improvements shall generate 109,200 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 improveme...
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