Developer, DeKalb County will split cost of sewer upgrades for apartment projectAn artist's rendering of the Trinity Triangle development. Source: Oakhurst Realty Partners
DeKalb County and the Decatur Downtown Development Authority have agreed to 50-50 split of the costs for upgrading sewer infrastructure around a 210-unit apartment development on East Trinity Place.
The developer, Centro, will reimburse the DDA.
The Arlo project, previously known as the Trinity Triangle, broke ground in September after months of delays due to sewer capacity issues. Centro, initially received a letter from the county saying there was sufficient sewer capacity to handle the project. The county then followed up with another letter informing Centro that the company would need to pay an additional $300,000 in impact fees, a move that held up permitting.
According to the copy of the intergovernmental agreement obtained by Decaturish, the county will pay $150,000 for the sewer upgrades and also pay $19,619, the amount of the water lien the county placed on the apartment project.
The Downtown Development Authority will cover the rest of the cost in 10 installments over 10 years, according to the agreement. The developer and the DDA have worked out a separate agreement for repaying the costs associated with the sewer upgrades.
The DeKalb County Commission approved the agreement during its March 10 meeting.
Here’s, a copy of the IGA …