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Trappe approves Lakeside proposal to trade two irrigation meters for 11 EDUs for building permits
Summary
The council approved Lakeside Development’s request to disconnect two irrigation meters and exchange their EDUs for 11 building-permit EDUs; Lakeside will cover any revenue shortfall until new residential connections offset the loss.
James Cook presented Lakeside Development’s proposal to disconnect two irrigation meters and trade the EDUs those meters used for 11 EDUs to be applied to building permits. Under the plan, Lakeside will pay any revenue deficit between irrigation-meter revenue and the revenue from the 11 EDUs until the new residential connections reach break-even with the prior meter revenue.
After discussion the council acted on a motion by President Newnam, seconded by Commissioner Sullivan, to approve the irrigation meter trade as proposed. The vote was recorded as unanimous.
