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ANALYSIS <br />The water main installation will comprise constructing approximately 320 linear feet of water main <br />east of the southeast corner of the project, together with 260 feet along the south property line and <br />375 feet south along Laconia Street to the intersection of Landsdowne Drive. Mr. Hibler has agreed <br />to enter into a cost sharing agreement with the County to construct the water main in conjunction with <br />the site development. <br />As shown in Exhibit B of the attached agreement, the estimated cost sharing between the developer <br />and the County is as follows: <br />Developer's Share <br />County's Share <br />Total Project Cost <br />$ 7,613.73 <br />$30,771 27 <br />$38,385.00 <br />The developer has paid a total of $8,192.00 in capacity charges for 2 ERU's of service. Construction <br />of the water main will allow the County to coordinate expansion of the water distribution system with <br />development of the site, as well as provide water service to future projects along the improved <br />corridor. As future projects connect to the water system, $14,168.07 in line extension fees will be <br />collected, along with capacity charges. The County's total share of $30,77127 will be funded from <br />the capacity charge fund, Account Number 472. <br />RECOMMENDATION <br />The staff of the Department of Utility Services recommends that the Board of County Commissioners <br />approve the attached developer's agreement as presented, authorize the Utilities Department to <br />recover $14,168.07 in line extension fees from future development and authorize the Chairman to <br />execute the same. <br />Interim Capital Projects Manager Mike Hotchkiss stated that it has been brought to <br />his attention that the property is owned by the corporation. He requested that the Board <br />approve the agreement with that correction. <br />AUGUST 7, 2001 BK 1 1 9 PG 1 2 7 <br />