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Hall officials seek extension of Glades Reservoir agreement

Environmental impact report due later this year

POSTED: April 18, 2014 11:31 p.m.

The Gainesville and Hall County Development Authority on Monday will consider renewing an agreement for the Glades Reservoir project with Hall County and Glade Farm LLC.

The Hall County Board of Commissioners will vote Thursday on whether to extend the agreement.

Development Authority Chairman Philip Wilheit said extending the lease management agreement an additional year will help expedite the project.

The agreement, amended with a letter of intent in 2010, entails reimbursing Glade Farm up to $3.5 million for costs associated with acquiring a federal permit to proceed with reservoir development.

Commissioners voted in closed session in September 2010 to approve these payments to Glade Farm.

The agreement also shifts the responsibility for permitting and construction to the county, and commits the county to paying $4.5 million to Glade Farm within 120 days of receiving the necessary permit to proceed with construction of the reservoir.

Hall County has spent more than $8 million on land for the Glades Reservoir, primarily paying with special purpose local option sales tax revenue.

The proposed 850-acre reservoir in the Upper Chattahoochee River Basin is projected to add about 40 million gallons to the water supply of Northeast Georgia at an estimated $130 million cost to Hall County.

Glades is eligible for up to $40 million in funding from the Governor’s Water Supply Program, and Hall County has applied for about $14.5 million in direct investment.

Meanwhile, the Georgia Environmental Finance Authority is currently negotiating the terms of a contract for consulting services related to Glades.

And a final environmental impact statement is scheduled for completion sometime later this year, with a decision on whether the project will proceed likely to come in March 2015.


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