Loading...
HomeMy WebLinkAboutZMA200000010 Action Letter 2001-08-11 o4��OF x 'RG1 COUNTY OF ALBEMARLE Department of Community Development 401 McIntire Road,Room 227 Charlottesville,Virginia 22902-4596 Phone(434)296-5832 Fax(434)972-4126 August 11, 2004 Robert Venturi 1412 Sachem Place #201 Charlottesville, VA 22901 RE: ZMA-2000-10 Avemore, Proffer K Tax Map 78.cel 58 I,Tax Map 78B, Section 3, Parcels 1, 2A, 2B & 4B and Tax Map 78B, Section 4, Parcel 1 Dear Mr. Venturi: ZMA-2000-10 Avemore was approved on June 20, 2001 subject to proffers. Proffer K stated: The applicant will contribute the lesser of (i) 50% of the cost of installing a traffic signal at the intersection of Fontana Drive and Route 20 or (ii) $50,000, such sum to be applied only to the cost of installing such traffic signal. If the County obtains full funding for such signal from other sources and the applicant is not required to contribute toward the cost of such signal, the applicant agrees that its contribution may be applied instead toward the portion of Route 20 improvement project in the area between Fontana Drive and U.S. Route 250. Such payment will be made by the applicant at the later to occur of (x) the installation of the traffic signal (or installation of the Route 20 improvements, as the case may be) or (y) the issuance of the first building permit for the Avemore development. Mr. A. M. Nichols, the Developer of Fontana has posted a performance bond letter of credit in the amount of $135,000 and a cash bond of $33,750 for the full funding of the construction of the traffic signal. That project is expected to be completed on January 15, 2005. The conditions for the payment of $50,000 pursuant to Proffer K have been met. The first building permit for Avemore, BP-2002-2275-MF, was issued on December 19, 2003. And, the County has commenced the Route 20 Sidewalk C:\Files\Proffers\Avemore Proffer K Signal.doc Robert Venturi August 11 , 2004 Page 2 Improvement Project that is included in the Capital Improvement Project # 1- 9010-41000-800690. We expect this payment by October 15, 2004. In the meantime, please contact me if you have questions about this matter. Sincerely, litia-- /,€ 4., John Shepherd Manager of Zoning Administration Copy: Ed Koonce, Department of Finance ZMA-2000-1 0 C:\Files\Proffers\Avemore Proffer K Signal.doc