Title
Interlocal Agreement with the City of Charlotte
Action
ACTION:
1) Adopt Resolution authorizing Interlocal Agreement for funding of the Reedy Creek at Hood Road Project.
2) Authorize the County Manager to negotiate and execute a funding agreement with the City of Charlotte.
3) Receive and appropriate up to $5,700,000 the City of Charlotte for its share of the Reedy Creek at Hood Road Project.
Staff Contact: David Kroening, LUESA - Storm Water Services
Presentation: No
BACKGROUND/JUSTIFICATION:
This is a funding agreement between the City of Charlotte and Mecklenburg County for the funding of a joint water quality project on Reedy Creek and its minor system tributaries. The County intends to construct approximately 12,000 linear feet of stream restoration on Reedy Creek from Hood Road to Interstate 485. The City of Charlotte intends to restore approximately 8,000 linear feet of stream on the minor system tributaries within the Reedy Creek project area. The interlocal funding agreement includes compensation to the County from the City for County staff administration and the City portion of design and construction in the amount not to exceed $5,700,000.
PROCUREMENT BACKGROUND:
N/A
POLICY IMPACT:
N/A
FISCAL IMPACT:
Funding of $5,700,000 will come from the City of Charlotte, with $1,000,000 in the current fiscal year and $4,700,000 in the next fiscal year.