Stormwater Facility Agreement Sample Contracts

Subject: Windermere Ridge Townhomes Category IV Failed Development Reimbursement and Stormwater Facility Agreement
Stormwater Facility Agreement • June 6th, 2014

Windermere Subdivision is a Category IV Failed Development located on the south side of Infinity Road approximately 1,800 feet east of the intersection of North Roxboro Rd and Infinity Rd. The project is a townhouse development with approximately 43 lots in Phase 1. In 2010, Public Works collected the construction securities totaling $70,000 for Windermere Ridge Subdivision after the developer went bankrupt and left the first phase of the subdivision incomplete. Working with Southbank after the foreclosure, the Windermere Ridge Home Owners Association, and a neighboring developer J & F Investments, LLC, Public Works and the City Attorney’s Office successfully facilitated an infrastructure and stormwater facility agreement to complete the unfinished infrastructure in Phase 1 of the Windermere Ridge Subdivision.

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STATE OF NORTH CAROLINA STORMWATER FACILITY AGREEMENT COUNTY OF DURHAM AND COVENANTS (Residential Version)
Stormwater Facility Agreement • May 5th, 2020 • North Carolina

THIS AGREEMENT ("Agreement") is made among ("Permittee"), (“Association”), and the City of Durham, a North Carolina municipal corporation ("City") and is effective on the date of its recordation in the Durham County Register of Deeds.

STATE OF NORTH CAROLINA STORMWATER FACILITY AGREEMENT COUNTY OF DURHAM AND COVENANTS (Commercial Version)
Stormwater Facility Agreement • May 5th, 2020

THIS AGREEMENT ("Agreement") is made and entered into this day of , 20 , by and between XYZ, Inc. ("Permittee"), and the City of Durham, a North Carolina municipal corporation ("City"). The obligations of this Agreement run with and are appurtenant to the Property described in this Agreement.

STATE OF NORTH CAROLINA STORMWATER FACILITY AGREEMENT COUNTY OF DURHAM AND COVENANTS ATTACHMENT A TO THE AGREEMENT FOR REIMBURSEMENT OF CITY REQUIRED INFRASTRUCTURE, ENTERED INTO BY THE CITY OF DURHAM AND J & F INVESTMENTS, L.L.C. ON .
Stormwater Facility Agreement • May 5th, 2020

THIS AGREEMENT ("Agreement") is made among J&F Investments, LLC (“Former Permittee”), Windermere Ridge Townhome Owner Association, Inc. (“Association”), and the City of Durham, a North Carolina municipal corporation ("City") and is effective on the date of its recordation in the Durham County Register of Deeds. All parties identified may be collectively referred to as “the Parties”.

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