BY COUNCILOR STOVER:
RESOLVED, that the proper city officials are authorized to enter into a agreement, a copy of which is on file in the office of the city clerk as Public Document No. __________ with A&A Development, Inc., for the construction of an eight inch watermain adjacent to Trinity Road and Adrain Street from Anderson Road and Central Entrance to Adrain Street and Trinity Road and to reimburse said corporation for the city’s share of the cost thereof in the amount of $31,398.68, payable from the Water Fund 510.
STATEMENT OF PURPOSE: The purpose of this resolution is to authorize an agreement with A&A Development, Inc., for the construction of an extension to a water main being constructed by them in conjunction with the Fountaingate project.
A&A is the developer of the Fountaingate project, a residential development consisting of 13 attached single family dwellings (two units attached, owned separately, not duplexes) and three three-unit town homes to be constructed on the south side of Adrain Street between Anderson Road and Trinity Road. As part of the development, it was necessary to construct a new eight inch watermain from Central Entrance, along Anderson Road to Adrain Street and then along Adrain Street to the development. A&A proposed to construct this new main at its cost and to convey the new facility to the city. A&A would be entitled to any connection fees paid to connect to this portion of the new main.
In reviewing the project, the city engineers have determined that this project offered the opportunity to materially enhance the quality of the city’s water system in the area at minimal cost by continuing the new main from Adrain Street and connecting it into the existing main on Trinity Road. As this portion of the main is unnecessary for the development and is intended primarily to benefit the city system, it is appropriate for the city water utility to pay the incremental cost of this additional work. The cost of the work has been determined to be $31,398.68.
Under this agreement, A&A agreed to construct the entire main from Central Entrance to Trinity Road under its contract. The main was to be constructed to city specifications and the city engineer’s approval of the design and all construction work was required. Upon completion of the construction of the main, the city engineer inspected it to make sure it was properly constructed and then agreed to accept the main and is proposing to reimburse A&A for the construction of the public benefit portion of the main in the agreed-upon amount.