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May 23, 2024, City Council Regular Meeting
Title
42. Approval of a Water & Sewer Agreement with MCG Savannah Owner, LLC for Madison Savannah Apartments. This is for a development consisting of a 240-unit apartment complex at 7810 Abercorn Street in Aldermanic District 4.
Strategic Priority
Infrastructure
Description

MCG Savannah Owner, LLC has requested a water and sewer agreement for Madison Savannah Apartments, a development consisting of a 240-unit apartment complex at 7810 Abercorn Street in Aldermanic District 4. The water and sewer systems have adequate capacity to serve this 118.7 equivalent residential unit development. The Water & Sewer Connection Fee totaling $433,940 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 $433,940 into the Water Resources Fund
Review Comments
Attachments
Exhibit 1: Water & Sewer Agreement - Madison Savannah Apartments.pdf
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