| | | | | | | |  | REQUEST FOR COUNCIL AGENDA
The City of Hartsville | Agenda Date:
3/8/2022 | To: City Council | From: City Manager |
Ordinance Number: Resolution Number: 03-22-01 - REGULAR MEETING | | | |
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| ORDINANCE/RESOLUTION CAPTION: | To approve the bid and expending of additional utility funds for water line extension to service new development. |
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| BACKGROUND SUMMARY: | | Resolution 07-21-02 was approved on 7-13-21 to allow for $27,375 in utility funds to extend a city water line that would serve a new development. Bids were received on 2-10-22, and the lowest bid was $45,259 from RFW Construction, LLC. This increase is due to rising resin costs (PVC piping), supply chain issues, and higher labor costs. Requesting an additional $17,884 be committed to the project for a total cost of $45,259. |
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| IMPACT IF DENIED: | | Thehe proposed subdivision would need to find an alternate water source. |
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| IMPACT IF APPROVED: | | The subdivision can move forward past the site work phase and provide attainable housing (36 single family) for workforce, single parents, and or seniors. This project helps with its economic development efforts to create more roofs for growth and achieve its Vision 2030 Plan goals. |
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| FINANCIAL IMPACT: | | This project will cost an additional $17,884 ($27,375 has been allocated) in the short term. In the long term once developed, it will provide for a net economic benefit of $255,884 plus utilities revenues in five years. |
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