Laserfiche WebLink
Mr. C. E. Risheill, Jr. <br /> January 25, 1988 <br /> Page Two <br /> <br /> (3) Funds for payment for the entire project. <br /> cost, the location and design of which has been <br /> approved by the County, must be delivered to the County <br /> before the contract is awarded. <br /> <br /> (4) The project would have been approved by the <br /> Board of Commissioners. <br /> <br /> Pursuant to this aotion, an your letter to the County dated <br />January i3, 1988,-you enclosed alternate conc~ptuai land use <br />plans for the King's Grant project and requested approval of a <br />major sewer "outfall" extension to serve the King's Grant area, <br />to be funded generally in the manner conceptually outlined above. <br /> <br /> The King's Grant project, as conceptually identified in your <br />request, has been .provisionally-approved for a period of six (6) <br />months by the County for inclusion in this program, subject to <br />and expressly con'ditioned upon the financing concept for major <br />utility system expansion approved in principal as previously ~et <br />forth and further provided that: <br /> <br /> (1) The County .adopts a formal policy, as generally <br />outlined in the preliminary draft, scheduled for consideration in <br />the immediate future, a general commitment to which has been <br />made; <br /> <br /> (2) The County, in 'its sole discretion, approves the <br />engineering design and location of an appropriate system; <br /> <br /> (3) In advance of the award of construction contracts, the <br />developer has irrevocably deposited with the County funds <br />sufficient to pay for and complete the entire utility project <br />involved. (Obviously~ this deposit is not only critical to <br />participation in this program, but is a mandatory prerequisite <br />for the County's involvement. ) <br /> <br /> The Board of Commissioners looks forward to working with you <br />in making King's Grant a reality for Cabarrus County. <br /> ~1~~' cerely~..you , <br /> ~ Chairman <br /> Board of County Commissioners <br />FLHjr: bmp <br />Enclosure <br /> <br /> <br />