The city and three developers have reached consensus on the construction of a water tank at South Mountain.
The City Council on Tuesday approved an agreement that calls for the developers to pay for the $600,000 tank, which will serve 70 homes in South Mountain, 125 in a U.S. General Inc. subdivision and 341 units of the Centennial proj-ect. Centennial will pick up the majority of the expense because it will use more of the water, which is to be supplied by the city's water company. South Mountain is providing the land.The city eventually will pay back the developers for building the tank, city manager David Campbell said.
The agreement avoided city condemnation of the property, located at the southwest corner of the South Mountain development.
The City Council has decided against condemning South Mountain property through which the Centennial developers want to build an extension of Traverse Ridge Road to access the rest of the Centennial property.
"We have given them some things they have to do before we'll intervene," Campbell said of Centennial's developers. "They have to design the road, acquire the right-of-way on all the land, including up above, and give that to the city. The city isn't in any rush to move on (the road). There's no reason to put ourselves at risk being the strong-arm person."
An agreement Centennial has with a Texas developer to construct a 500-room resort hotel and golf course atop Traverse Ridge hinges on Centennial's ability to get the road in place this year.