HomeMy WebLinkAboutC.054.93009_1053 (2)226
Sara K. Haire, Chairman
VOTING: Ayes - 5; Nays - 0.
REQUEST FOR RELEASE OF LETTERS OF CREDIT:
Mr. Lundy explained that CRESCENT RESOURCES, INC. had
requested release of letters of credit the County holds for The
Harbour, Phase I, Maps A -D. The Letters of Credit 140073,
140126, #40151, #40127, used by United Carolina Bank, were to
cover the costs of street improvements, necessary engineering,
and surveying costs. The developers have now completed the
infrastructure.
MOTION by Commissioner Madison to release Letters of Credit
numbered 40073, 40126, 40151, and 40127 for Crescent Resources,
Inc. in conjunction with The Harbour, Phase I project.
VOTING: Ayes - 5; Nays - 0.
Pertaining to Letter of Credit 1119, Lundy explained that
Genesis Developers, Inc. was requesting release because the
street improvements have been completed. The project is for the
Lake Vista Subdivision and the Letter of Credit was issued by
Lincoln Bank of North Carolina.
MOTION by Commissioner Madison to release Letter of Credit
0119 for Genesis Developers for the Lake Vista Subdivision
project.
VOTING: Ayes - 5; Nays - 0.
REQUEST FOR APPROVAL OF LETTERS OF CREDIT - Pinnacle Shores,
Phase I, Haps 1-6: Mr. Lundy said that Crescent Resources was
requesting the approval of Letters of Credit for a subdivision in
Davidson Township off NC 150 West, River Highway, known as
Pinnacle Shores. The Letters of Credit were issued by United
Carolina Bank with an expiration of 9/7/96. Letter of Credit
(040382) is in the amount of $323,585.00 to cover the cost of
street improvements and the necessary engineering/surveying
costs. Letter of Credit (#40383) is in the amount of $251,037.00
to cover the cost of the installation of the water distribution
system.
MOTION by Commissioner Madison to approve Letters of Credit
#40382 and #40383.
VOTING: Ayes - 5; Nays - 0.
REQUEST FOR APPROVAL OF SEPTEMBER S, 1995 MINUTES (BRIEFING
6 REGULAR) AND SEPTEMBER 7, 1995 CONTINUATION MINUTES:
MOTION by Commissioner Madison to approve the 9/5/95 &
9/7/95 minutes.
VOTING: Ayes - 5; Nays - 0.
REQUEST FOR SERER SERVICE APPROVAL TO NOORESVILLS TRANSFER
STATION: The county manager recapped his comments made during the
briefing. He said that basically he wanted some guidance as to
which direction the staff should take to provide sewer service to
the Mooresville Transfer Station which is currently in the
planning phase. Two proposals have been presented. One would
build a lift station and a force -main sewer which would
accomodate only the needs of the transfer station. The estimated
cost for this option is around $67,000. The other proposal is
for extending gravity sewer. The Town of Mooresville currently
has a pump station that is south of the proposed transfer
station. The County would go gravity to this lift station and it
would then be pumped into the Mooresville sewer system. This
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