HomeMy WebLinkAboutCouncil Resolutions 1444 RESOLUTION NO. / 7
A RESOLUTION OF THE CITY OF CENTRAL POINT ACKNOWLEDGING
EXPIRATION OF SYSTEM DEVELOPMENT CHARGE (SDC) CREDITS FOR
WATER UPSIZING IN THE BLUE GRASS DOWNS SUBDIVISION.
RECITALS:
A. In June of 2005, the City of Central Point agreed to a SDC Agreement with
Duncan Development, LLC for upsizing of a waterline through the Blue Grass
Downs Subdivision from a standard 8" pipe to the city needed 12" pipe.
B. The Credit established a value for the upsizing of$16,117 for the upsizing
cost.
C. Central Point Municipal Code 11.12.110 states that credits can be established
for qualified public improvements. The waterline upsizing qualified for such an
improvement.
D. Central Point Municipal Code 11.12.110.6.3 states that all SDC Credits for
qualified public improvements must be used within 10 years or they expire.
E. As of January 1, 2016, there are is still $3,710 of credits remaining
The City of Central Point resolves as follows:
Section 1. Effective January 29, 2016, the remaining water system development charge
credits expire.
Passed by the Council and signed by me in authentication of its passage this ($ day
of January, 2016.
Mayor Hank Williams
ATTEST:
City Recorder Deanna Cay