Authorize the City Manager to Execute a Water and Sewer Agreement with the Little Ogeechee Partners, LLC for Hopeton Plantation for 521 residential units (includes 172 single family and 349 multi-family units). The water and sewer systems have adequate capacity to serve 449 equivalent resident unit developments. This proposed water and sewer agreement specifies that the City will reimburse the Developer in for an amount not to exceed $3,081,156 million for the actual costs of design and construction of Off-Site water and sewer infrastructure required to serve the area. The agreement is consistent with policy directives given by the Mayor and Aldermen and has been reviewed and approved by the City Attorney for legal format.

Recommend approval