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T. L. HARRELL LAND DEVELOPMENT CO., INC, 8226 LOST BOY CT. Phone No: 704-596-4830 Charlotte, NC 28213 Fax: 704-597-0363 September 29, 2000 Pl~nnlng Service, Governmental Center Jonathan Marshall, Director ?. O. Box 707 Concord, NC 28026-0707 Subject: Cabarrus Farms Subdivision Approval Request to Waiver Impact Fees & Common Area Dear IVlr. Marshall: T. L. Harrell's Land Development Co., Inc. request the Cabarrus County Commissioners t..~ waiver the_impact fees and comm,m area for the oroposed Cabarrus Farms Suhdlv~,m due to the cost being incurred by our company, to extenqt the Muddy Creek ~o-;*~--y ~,~,~r lntere~pt~r, The Muddy Creek Interceptor is currently on WSACC's capital improvements agenda for the Midland Area. WSACC does not have the funds appropriated to extend the Sanitary Sewer trnnk line up the Muddy Creek Basin. T. L. Harrell's Land Development Co., Inc. has made a proposal to install the Muddy Creek Sanitary Sewer trunk line per WSACC's approval and design at an estimated cost of $750,000.00. WSACC's Board of Directors has approved a contract at their Sept. 21, 2000 meeting for T. L. Harrell's Land Development Co., Inc. to provide the funds for the design and installation of this project. The Sanitary Sewer would serve Cabarms Farms Subdivision aud the new elementary school site purchased on Midland Road. The new Bethel Elementary School will be approximately 1800 feet ~om th~ Cabarms Farms Subdivision entrance located at the intersection of Bethel School Road and Midland Road. Jonathan Marshall has indicated that a public park for the Midland Area is proposed on portion of the property at the new elementary school site. The current impact fee of $500.00 per lot would come to a total of $97,000.00 available to Cabarrus County fxom the Cabarms Farms Subdivision. The 2.5 acre common area required by the existing Cabarms'County Subdivision Ordinance would cost T. L. Harrell's Land Development Co., Inc. approximately $35,000.00 in land and play ground equipment. The combined monetary benefit to Cabarms County would be a total of $132,000.00 for the Cabarrus Farms Subdivision. Thl.q sanitary sewer would be an additional financial benefit to Cabarrus County in the amount of $618,000. This does not take into account the time schedule for building the new elementary school. Jonathan Marshall has indicated the new elementary school construction will start in approximately three (3) years and it is crucial for the Sanitary Sewer to be available for this timely schedule to occur.