SUBJECT:
Title
Marion County Utility Fund - Utilities Management - $651,610
Body
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INITIATOR: |
DEPARTMENT: |
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Tony Cunningham, P.E., Director |
Utilities |
DESCRIPTION/BACKGROUND:
On August 21, 2018, the Board approved Contract 18-01, a developer agreement between Toshi II, LLC, 80th Ave, LLC, and Marion County, authorizing the developer to install water and sewer mains to connect the Liberty Village Subdivision to the Marion County Utilities (MCU) system. The property has since been sold, and the assignment of the agreement was approved by the Board on May 5, 2025. The current developer has submitted approved invoices for the completed utility work, and MCU intends to honor the commitments outlined in the agreement. Despite the work being completed in 2021, the developer has not requested reimbursement until now, nor did they receive any Capital Charge Credits for the work performed.
BUDGET/IMPACT:
Neutral
RECOMMENDED ACTION:
Recommended action
Approve attached Budget Amendment Resolution and amend the CIP.
end