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in the area and using, the Town's water and sewer facilities would petition the Town
for satellite annexation.
JIMMY MCKNIGHT, BOB EBERT, CRAYVER - REQUEST FOR WATER AND SEWER LINE EXTENSION
FUNDS: Mr. McKnight spoke to the board regarding his project which is located at
I-77 and N. C. 150. It is comprised of 113 acres and has .6 mile of interstate
frontage. Mr. McKnight is proposing to building a $1.2 million automobile dealership
on eight acres, which will have approximately $2 million in inventory. He plans
further development in 1985 of 100+ of the land. This would be developed for commer-
cial use.
Robert 0. Ebert spoke regarding his property and what his plans are for in 1984.
He is working with a company who plans to build a $1 million, 200,000 sp.ft. building
with 1,200 sp. ft. office space. In addition he plans a motel and restaurant at
an estimated cost of $2.5 million. This is a 60 -room motel with 150 -seat restaurant.
He has another potential industry which is estimated at $1.5 million, with a 50,000
sq. ft, building and 7,500 sq. ft. office. Mr. Ebert's total investment program
for 1984 is $5.3 million and he listed additional proposals for 1985 and 1986.
Mr. John Crayver showed plans for development of 88 acres with a projected in-
vestment for 1985 of $10 to $12 million in single family dwellings. Mr. Crayver also
distributed brochures for proposed condominium development on his property.
Bell Construction Company, Inc. had prepared an estimate for the proposed water
and sewer extensions to the 1-77 and Highway 150 site. This calls for 10,700 ft.
12" line for water, 7 fire hydrants, 10 valves, 400' bore under interstate, for a
total preliminary estimate of $269,000. The estimate for water included an elevated
230,000 gallon water storage tank at an estimated cost of $235,000.
The sewer line estimate was for 7,100 ft. of 12" line, clay pipe, 24 manholes,
1:300 l.f. forced main, 500' boring under interstate and Highway 21 right-of-way,
two lift stations, for a total cost of $462,400. The total project cost for water
lines, water storage tank, and sewer lines is $967,300.
WATER -SEWER LINE EXTENSION FUNDING - MOORESVILLE: MOTION from Chairman
Troutman to approve the request of the Mooresville South Iredell Community Develop-
ment Corporation to work with the Town of Mooresville to extend water and sever to the
prsented project, not to exceed $791,000. Also to proceed posthast to work with all
the folks that have made presentations here tonight and theCity of Mooresville to help
with the extension of water and sewer to I-77 and N. C. 150. VOTING: Ayes - 3
(Troutman, Ostwalt, Murdock); Nays - 2 (Mills and Campbell).
SIGNAL HILL FIREWORKS DISPLAY: MOTION from Chairman Troutman to grant permis-
sion to the Signal Hill Mall director, Mrs. Doris Renegar, to exhibit fireworks at
the Signall Hill Mall on Tuesday evening, July 3, 1984, at approximately 9:45 p.m.,
Southern International Fireworks Company is having the display. The company is
insured with Boger & Reid, 290 Peachtree Street, NW, Suite 1810, Atlanta, GA.
VOTING: Ayes - 5; Nays - 0. 1