Orange County NC Website
8 <br /> Slide #6 <br /> Proposed Performance Agreement F!n and al Terms <br /> Phase 1 — Public Utility Connection Under PROPOSED <br /> fntCfS �S PUALICSE' ER EXG4FEi0CiTIN4 <br /> EXTENSION ,errHPueuc <br /> � oluxrfSEWe91Uul ; <br /> Reimburse the developer fifty percent(5D%)of actual + ki <br /> oasts incurred.up to 32.2 millW. + ,• i f <br /> } E 03TNC irrlKll <br /> — If the total east is less than 54.4 milion, khe Cwnty's ti Poluc WATER tlAw <br /> centributlon wH be less than 52.2 million , <br /> P1-P111E1;r,'Ll <br /> If the total costs are mare than $d-d mlllim, the <br /> Counly's contribution Fs capped at$2.2 million <br /> regardess of the actual costs incurred by the developer <br /> 0RANGE CNFFY <br /> d NORTL L[=A 6LOL]NA <br /> Slide #7 <br /> Proposed performance Agreement Finn n c I a I Terns <br /> Phase 2—Waterline Loop Required by the <br /> Town of HillsboroughOf <br /> Reimburse fire developer the ackral costsof Phase 2, i <br /> up to$950,000 • <br /> r ,.. <br /> — If the actual casts are lower than$950.000.the County <br /> wil pay the lower amount <br /> If the costs exceed 59M,OW.the developer Is h <br /> respomlble for those costs <br /> w <br /> — Allows for redundancy in the event of an isolated water <br /> min breaklrepalr <br /> Helps provide mare effectivedFSlnfectlon,and <br /> Increases water pressure and volLow which ImpmNes gg,,t ilk <br /> fire suppression capabilities <br /> 4 <br /> QRANGE CQUNTY <br /> 7 N[7TM L CAPJDLINA <br />