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AG 2017 05 15
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AG 2017 05 15
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Last modified
5/17/2017 11:27:31 AM
Creation date
11/27/2017 10:28:21 AM
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Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
5/15/2017
Board
Board of Commissioners
Meeting Type
Regular
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➢ Fund utility system improvements. <br /> • Town/public initiatives: <br /> • Study and implement/revise capital recovery fee procedures <br /> • Partner with Concord to qualify for WSACC participation in the funding of the sewer trunk line <br /> along Mallard Creek.WSACC participation is warranted by the involvement of two or more <br /> jurisdictions and the removal of the pump station serving Concord(refer to Phase 1 above). <br /> • Private partnership opportunities: <br /> o Facilitate extensions of water and sewer service through the private development process.A phased <br /> approach to extending water and sewer lines will help create opportunities to partner with private <br /> developers. <br /> ■ Encourage the use of tax increment grants (TIGs),one of several financing tools the Town has <br /> made available through its Tax Increment Grant Program. <br /> Coordinate utility improvements and extensions with greenway trail development. <br /> ➢ Partner with public and private entities to reserve land for and construct a segment of the regional greenway <br /> along Mallard Creek and spur trails along sewer outfalls to the north and south. <br /> (Note: See other greenway and open space recommendations in previous sections.) <br /> CASE STUDY: <br /> Tax Increment Grant <br /> Development • <br /> Charlotte included developer-funded <br /> upgrades to area roads and other <br /> infrastructure that was needed to serve <br /> I {{ Y the center as well existing and future <br /> development. • <br /> refund over a period of - <br /> Charlotte Premium Outlets developer is being - . -. for the <br /> .. - improvements <br /> . - could not have funded <br /> in a timely manner. <br /> The Path ForwardJ59 <br /> Attachment number 1 \n <br /> G-2 Page 201 <br />
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