Agenda - 02-22-1999 - 1a - Laserfiche WebLink

Browse Search

04. APPENDIX A TOWN OF HILLSBOROUGH WATER/SEWER EXTENSION CONTRACT Inc. Project: Lawrence Park S/D Developer agrees to satisfy the following conditions in addition to those set forth in the WATER/SEWER EXTENSION CONTRACT before the Town will permit the connection of improvements constructed for the above referenced project to the Town water and sewer system: 1. Developer shall pay all capital facilities fees for each of the four Phases (totaling 237 lots) contained in the Project prior to beginning construction for that phase. The fees shall be assessed at $3,600.00 per residence for water and sewer combined. 2. Developer shall pay a $100 meter fee per residence payable at the time each meter is installed. 3. A perpetual maintenance fee of $38,640 shall be due upon acceptance of the wastewater lift station by the Town. 4.. Developer shall design, permit, and construct all off -site utility improvements prior to constructing any onsite. utilities. Alternatively, the Developer may post with the Town of Hillsborough a letter of credit for 110% of the estimated cost of the off -site water and sewer construction, and then may proceed with the on -site construction, but in no case shall utility service be initiated until both off - site and on -site construction is complete and approved and accepted by the Town. These facilities shall include, but not be limited to: — a wastewater lift station to serve the development plus 50 additional units. force main from this pump station to Lawrence Road. 8" gravity sewer line from Lawrence Road to the Meadowlands a water booster pump may be required to ensure proper pressure to the surrounding customers; such booster pump station to be sized to serve the domestic water needs for the roughly 120 customers currently on the water system in the vicinity of the proposed Lawrence Park Subdivision. 5. All on -site and off -site utilities shall be installed per Town standards once the plans have been approved by the Town Engineer. 6. For a period of ten years from the date of this instrument, the town will collect and reimburse Developer front footage fees for any direct tie -ins to the gravity extension by new customers. 7. The Town shall reimburse the Developer 17.2% of the cost of the wastewater pump station and its perpetual maintenance fee (to compensate for the capacity being made available for 50 adjacent residences); and the Town shall reimburse the Developer 33% of the cost of the water booster pump station (if it is required to be installed), to compensate for the enhanced service received by the roughly 120 water customers in the vicinity of the Lawrence Park Subdivision. These reimbursements shall be tenured in the form of a credit for the fees due prior to Phase I.