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!CABARF US <br />~ORTI~ CAI~OLINA <br /> <br />October 9, 1992 <br /> <br />MEMO <br /> <br />TO: <br /> <br />FROM: <br /> <br />SUBJECT: <br /> <br />John Witherspoon <br /> <br />Blair Bennett ~ <br /> <br />Water and Sewer Projects <br /> <br />Per your request, I have gathered information from Henry Waldroup <br />and Paul Watson relating to three water and sewer capital projects <br />which are pending approval by the Board of Commissioners. I will <br />briefly discuss each of these important projects and outline the <br />financing recommended for each project. <br /> <br />HIGHWAY 601/WALLACE ROAD SOUTH EXTENSION <br />This proposed project would entail the connecting of 3 separate <br />water lines to complete a hydraulic loop in the Midland portion of <br />the Water and Sewer District of Cabarrus County. This loop would <br />improve and stabilize line pressure while also extending connecting <br />lines to other customers along its proposed path. Additionally, a <br />separate water line would be run along Whitley Road to Whitley <br />Manufacturing Company to accommodate the rebuilding of that <br />company, which was destroyed by fire. By extending this line to <br />Whitley Manufacturing, the County may be able to obtain $400,000 in <br />Community Development Block Grant moneys from the state. The <br />County has made an official application for these funds; <br />notification by the state is still pending. The total cost for <br /> <br />this project is projected to be $639,000. <br />financing for this project would be as follows: <br /> <br />Community Development Block Grant Funds <br />Water and Sewer District Fund Balance <br /> <br />The recommended <br /> <br />CABARRUS COUNTY MOVIE STUDIO <br /> <br />$400,000 <br />239,000 <br /> <br />Total $639,000 <br /> <br />This proposed project would extend water and sewer lines to the <br />base of the movie studio property. Running these lines also <br />addresses some previous discussions relating to Highway 200 <br />extension projects, particularly since they will extend along <br />Vanderburg Drive. It should also be noted that this is the first <br /> <br /> Finance Department <br /> <br />P O Box 70? · Cc, ncc'c NC 28026-0707 · (?04) 788-8104 <br /> / <br /> <br /> <br />