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Dou 1 <br />ass <br />ICpm an BUILDERS -DEVELOPERS <br />1403 PITCHING WEDGE DRIVE, #305 <br />RALEIGH, NORTH CAROLINA 27603 <br />TELEPHONE (919) 662.0122 <br />FAX (919) 662.0124 <br />P.O. 80X 160 • 709 N. MAIN STREET <br />AYNOR, SOUTH CAROLINA 29511 <br />May 20, 2010 TELEPHONE (843) 358-1052 <br />FAX (843) 358-1069 <br />Board of Commissioners <br />Cabarrus County Governmental Center <br />65 Church St. SE <br />Concord, NC 28025 <br />RE: Adequate Public Facilities Fee <br />To Whom It May Concern - <br />Douglas Development is proposing to construct a 56 unit multi-family development on S. Little Texas <br />Road in Kannapolis, North Carolina. Our projected start date is before the end of 2010. <br />We are requesting to pay the entire Adequate Public Facilities Fee in one lump sum after our final site <br />plan approval and before we pull final building permits for our development. Based on our financing <br />and construction requirements, phasing in a small number of units over many years is not feasible. <br />We appreciate your consideration of our request. <br />Sincerely, <br />~r~~« ~ ~ ~-v~~~ti~.~ <br />Traci Dusenbury `~ <br />Attachment number 2 <br />G-3 Page 182 ' <br />