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HomeMy WebLinkAboutCOST SHARING AGREEMENT WALKER HILLS LLC E OF GEORGIA) �TY OF RICHMOND) COST SHARING AGREEMENT THIS A reement, made the f g ��day of �,�"`��� ��-r�, , 2011, by and between =r Hills, LLC, a limited liability company establ shed under the laws of the State of �ia, hereinafter referred to as "DEVELOPER," and Augusta-Richmond County, a =al subdivision of the State of Georgia, by and through its Utilities Department ), as party of the second part, hereinafter referred to as "AUGUSTA": WITNESSETH WHEREAS DEVELOPER owns certain tracts of property located in Augusta- iond County, Georgia, known now, or formerly, as: 078-0-003-00-0, 078-0-003-02- �-0-015-00-0, 078-0-014-00-0, 078-0-013-00-0, 078-0-012-00-0, 078-0-011-00-0, -010-00-0, 078-0-009-00-0, 078-0-008-00-0, 078-0-007-00-0; and WHEREAS DEVELOPER wishes to construct a subdivision development, ly McCoys Creek Subdivision, Section 1; and WHEREAS it is to the benefit of both parties to: (1) extend a 16-inch water main ' �ill serve DEVELOPER'S properties as well as other properties in the area; and (2) - uct the control panel for a sani�ary sewer lift station, which will serve the �pment; j ; WHEREAS AUGUSTA, has agreed to construct the water main and sanitary lift station control panel and DEVELOPER has agreed to reimburse AUGUSTA a ' n of the construction costs, as stated in Section B of this document; i � NOW THEREFORE, DEVELOPER and AUGUSTA hereby enter into the ing agreement: � � � � PROJECT SCOPE: � AUGUSTA will cause a 16-inch diameter water main to be constructed from Fort �n's Gate 3, across the Gordon Highway right-of-way and onto the property of the �per, as shown on Sheet 12 of 27, on a Grading and Utilities Plan for McCoys ; c, Section 1, prepared by James G. Swift and Associates, dated April 2, 2011, ;d May 15, 2011, attached hereto, and to which reference is hereby made. AUGUSTA will also cause a sanitary sewer lift station control panel to be ructed and insta{led, in the lift station being constructed by DEVELOPER, for the �y Creek, Seetion 1 project. Said construetion, shall be constructed consistent with the applicable AUD, IA, IFPA cades, Georgia Plumbing codes and any other standards, regulations and �ements pertinent to water mains, and pass all required and recommended testing. DEVELOPER'S SHARE OF PRO,fECT COSTS AND PAYMENT: 1. Prior to construction start by AUGUSTA, DEVELOPER will execute all �sary documents, to donate utility easements to AUGUSTA, on the following =rties: 078-0-003-00-0, 078-0-003-02-0, 078-0-015-00-0, 078-0-014-00-0, 078-0- a0-0, 078-0-012-00-0, 078-0-011-00-0, 078-0-010-00-0, 078-0-009-00-0, 078-0- �0-0, 078-0-007-00-0. Said easements will consist of a 20' (twenty feet) permanent sive easement, running across each property and being contiguous with the �rn edge of the Gordon Highway right-of-way. A{so included will be a 10' (ten feet) �rary construction easement running contiguously with the northern boundary of ail = permanent easements. Said easements are indicated with crosshatching on the ng and Utilities Plan Sheet described in Section A of this document. 2. Upon the completion of construction on the water main, AUD will perform I inspection to determine that said water main has been constructed to all =able Standards, Specifications and Codes, and that said water main has passed ;uired and recommended testing. If AUD determines that said water main is �table to AUGUSTA, a final inspection report will be forwarded to DEVELOPER, with an invoice for the amount of fifteen thousand six hundred and seventy-five �($15,675). Payment from DEVELOPER will be required within thirty (30) days of =te of the invoice. 3. Upon the completion of construction, installation and testing of the sanitary lift station control panel, AUD wil! forward an invoice for the amount of twenty six =nd two hundred and forty-five dollars ($26,245). Payment from DEVELOPER wilt ;uired within thirty (30) days of the date of the invoice. STIPULATIONS: �arties understand and agree to the following: �greement +s contingent upon the Augusta Commission approvai of the overall �t and the Cost Sharing Agreement. The terms "DEVELOPER" and "AUGUSTA" as used herein shall be deemed to their respective heirs, successors and assigns, and this Agreement shali inure to the it of and be binding upon DEVELOPER and AUGUSTA and their respective heirs, ssors and assigns. IN WITNESS WHEREOF, the parties hereto have hereunto set their hands and their on the day and year above first written. d, sealed and delivered in the presence of: WALKER HIL , ��i���:�����:.e ' By; � �ESS Lar S. Prather � As Its � � � ��� ;RY PUBLI � �... County, State of I�i �mmission Expires: � � ��� • � t� °.RY SEAL] . n�i R. tur�►s 4NOTARY PUBUC : . Columbia Coumy� GEOR�IA tures continued on next page) AUGUSTA-RICHMOND, GEORGIA n � / 2��n /� By: c,,_ N SS � 1�� David S. Co aver � Mayor � ��1�� � Attest: � � , Lena J. 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