AGENDA #5b

BUDGET WORKING PAPER

TO:                  W. Calvin Horton, Town Manager

FROM:            Roger S. Waldon, Planning Director

SUBJECT:       Question Regarding Meadowmont Traffic Calming

DATE:             April 24, 2002

At the April 3 Budget Work Session, a Council member asked a specific questions about traffic calming associated with the Meadowmont Development.  Here is the answer.

1.         What happened to the $75,000 provided by the Meadowmont developer for traffic calming ?

            Following Town Council approval of the Meadowmont Infrastructure Special Use Permit in June, 1997, the developer, Roger Perry, reported on his $75,000 offering for traffic calming.  At that time, the Oaks neighborhood had declined the offer for traffic calming measures on Pinehurst Drive.  However, the Council adopted a motion accepting Mr. Perry’s $75,000 gift.  Subsequently the neighborhood indicated an interest in the traffic calming measures and approximately $80,000 was provided by the developer for the Pinehurst Drive traffic calming measures.