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McIntosh developer to pay $900K for TDK-Hunter bridgeThu, 05/03/2007 - 2:53pm
By: Ben Nelms
Reese Development will also contribute toward fire truck Coweta County Commissioner added three conditions Tuesday to the massive McIntosh Village residential and commercial development in east Coweta. The 3-0 vote gave developer Tom Reese responsibility for paying a portion of the Vernon Hunter/TDK Extension bridge upgrade, help in developing a special tax district if needed and contributing to the purchase of an aerial fire truck. Reese will be responsible for paying up to $900,000 for the upgrade of the Vernon Hunter Parkway/TDK Boulevard Extension Bridge over Line Creek, with a minimum of 60 feet in width, commissioners said. The bridge must be wide enough for four lanes of traffic, according to the determination of the Georgia Regional Transportation Authority. That requirement and others resulted in Peachtree City filing a lawsuit against GRTA, as the city contends the Vernon Hunter Parkway/TDK Extension only needs to be two lanes wide instead of four. Peachtree City only has enough right-of-way to make the TDK extension two lanes wide. Approved unanimously by Coweta commissioners last month, the 1,600-acre McIntosh Village is planned to have more than 3,100 homes, townhomes and lofts and more than 600,000 square feet of office and retail space at build-out, projected in 2016. Some Peachtree City residents are worried that the impending crush of traffic will clog Ga. Highway 74 during morning and afternoon drive-time traffic Reese will also cooperate with Coweta County in devising a special tax district for the construction, maintenance and operation of government infrastructure and services if necessary. The final condition requires that Reese contribute $250,000 over a five-year period for an aerial fire truck when development occurs that affects the ISO insurance requirements for the development. Commissioners also voted Tuesday to approve Reeseās request for an extension for submission of a pre-development site plan and execution of the developer agreement. Other conditions call for the commercial portion of the project to consist of approximately 169 acres with 42.5 of those acres in greenspace or open space. Another 135 acres, or nine percent of the total area, will be set aside for social and community use. That acreage includes 35 acres deeded to Coweta County for a public park, 25 acres for a proposed school site and approximately 35 acres for a public wastewater treatment facility. login to post comments |