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June 27, 2024, City Council Regular Meeting
Title
54. Approval of a Water & Sewer Agreement with Hutchinson Island Apartments, LLC for Parcel 9 on Hutchinson Island. This is for a development consisting of a 288-unit apartment complex on Grand Prize America Avenue in Aldermanic District 1.
Strategic Priority
Infrastructure
Description

Hutchinson Island Apartments, LLC has requested a water and sewer agreement for Parcel 9 on Hutchinson Island, a development consisting of a 288-unit apartment complex on Grand Prize America Avenue in Aldermanic District 1. The water and sewer systems have adequate capacity to serve this 148.43 equivalent residential unit development. The Water & Sewer Connection Fee totaling $853,546 shall be paid by the developer. 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.

Recommendation

Approval

Contact
James H. Laplander, Director, Water Resources Planning and Engineering Department
Financial Impact
Revenue of $853,546
Review Comments
Attachments
Exhibit 1: Water & Sewer Agreement - Parcel 9 on Hutchinson Island.pdf
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