DATE: October 7, 2016
TO: Board of Mayor and Aldermen
FROM: Eric Stuckey, City Administrator
Vernon Gerth, Assistant City Administrator
Paul Holzen, Director of Engineering
SUBJECT:
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Consideration of Resolution 2016-80, A Resolution Granting Additional Funding/Support to the Harpeth Square Project and Authorizing the City Administrator to Modify the Agreement for Reimbursement of Cost for Sanitary Sewer and Water Distribution Improvements Between the City of Franklin and Harpeth Associates LLC. (COF Contract No. 2014-0345) as Necessary to Effectuate Such Changes. (10/25/16 WS).
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Purpose
The purpose of this memorandum is to provide information to the Board of Mayor and Aldermen (BOMA) for the consideration of Amendment No. 1 to the Agreement for Reimbursement of Costs for Sanitary Sewer and Water Distribution Improvements (COF Contract No. 2014-0345) with Harpeth Associates LLC for the Harpeth Square PUD Subdivision.
Background
The original agreement was approved by the BOMA on March 16, 2015. The agreement required water distribution improvements and sanitary sewer improvements. The sanitary sewer improvements required the re-routing of a sanitary sewer main around a building located at the intersection of Bridge Street and 2nd Ave. at an estimated cost of $100,000. These improvements are now being re-evaluated due to the re-development of the Center for Historic Preservation (f/k/a the Old, Old Jail). The water distribution improvements required the upsizing of the existing water main located on 2nd Ave. at an estimated cost of $203,750.00.
The Harpeth Square Development is in the process of finalizing the design and is requesting additional City participation. Below is a summary of the requested funding:
Request 1: Due to the re-development of the Center for Historic Preservation (f/k/a the Old, Old Jail) the Developer and City staff have agreed to remove the required offsite sanitary sewer improvements from the Agreemen...
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