Laserfiche WebLink
-- CABARRUS COUNTY <br /> <br />WATER CHARGES <br /> <br />FOR THE <br /> <br />BOC/CORNING CDBG - ED PROJECT <br /> <br /> WltEREAS, the County of Cabarms is applying for funding to the North Carolina <br />Commerce Finance Center for the installation of water to serve the BOC and Coming <br />proposed facilities offHighway 601 in the Wallace Industrial Park and using <br />Community Development Block Grant funds, and <br /> <br /> WHEREAS, the funding source requires a recapture plan of grant monies from <br />connections to the water lines; <br /> <br /> NOW THEREFORE, BE IT RESOLVED, by the Board of Commissioners of the <br />County of Cabarrus, that: <br /> <br /> Section I: Future users connecting to the lines funded through the CDBG-ED <br />grant who have not participated financially in the construct/on of the extension shall be <br />required to pay an assessment fee for each line connection as follows: <br /> <br />Assessment A or B applies - (whichever is.greater). <br /> <br />A. 3/4" service meter --- $500.00 <br /> I "service meter --- $500.00 <br /> 2 "service meter--- $1,000.00 <br /> 4 "service meter --- $1,000.00 <br /> 6 "service meter --- $2,000.00 <br /> Fire Line ........... $1,000.00 <br /> <br />B. Commercial and Industrial users will be assessed $2,000.00 per developed acre. <br /> Any additional acreage will be assessed as it is developed. <br /> <br />This fee is in addition to normal fees and shall be paid to Cabarrus County in full <br />pr/or to connection to the lines and will be reviewed from time to time as appropr/ate. <br /> <br /> Section 2: The assessment fee required in Section 1 shall not be imposed on any <br />business that is owned by low-and moderate-income persons, any business whose <br />employees total at least 51% low-and moderate-income persons, or any residence that is <br />owned and occupied by low-and moderate-income persons. <br /> <br /> <br />