Staff recommends approval of a Professional Service Agreement with Southwinds Partners, L.L.L.P., to provide natural gas service to Southwinds Cove Phase 1 and approval of the Memorandum of Natural Gas Agreement.
Section 22-7 of the Code of Ordinances requires developer funded natural gas main and service installations in all new residential developments of more than five units. Southwinds Partners, L.L.L.P. is building town homes known as Southwinds Cove Phase 1 located on South Street, south of Hwy 44. Of the 112 planned units, 112 units will, at a minimum, have natural gas water heaters and furnaces. In accordance with the above referenced ordinance, the developer will place in escrow $123,695 which will be used to fund the gas installation project in its entirety.
The purpose of the Memorandum of Natural Gas Agreement is to place on notice the public, potential purchasers and others who may acquire any interest in the Development or any portion thereof, of the requirements imposed by the Gas Service Agreement.
1. Adopt resolutions approving the Professional Service Agreement with Southwinds Partners, L.L.L.P. to provide natural gas service to Southwinds Cove and the Memorandum of Natural Gas Agreement; or
2. Such alternative action as the Commission may deem appropriate.
The capital outlay estimated at $123,695 will be funded through a customer contribution which will be placed in escrow.
Submission Date and Time: 2/23/2009 4:13 PM____
Prepared by: _Jack Rogers_______
Attachments: Yes _X_ No ______
Advertised: ____Not Required _X__
Attorney Review : Yes _X_ No ____
Reviewed by: Dept. Head __JR______
Finance Dept. _____JB__________
Deputy C.M. ______EFS__________
City Manager ___________________
Account No. _ ____
Project No. ___________________
WF No. ______________________