City

PTC residents share ‘private street’ plight

City won’t consider maintaining them unless all right-of-way is donated

More than two dozen subdivisions and condominiums in Peachtree City were built without the streets being dedicated to the city, leaving homeowners on the hook for street improvements and repaving.

At a City Council workshop Tuesday night, it was explained that the “private street” approach was adopted by developers to either avoid the expense of building the streets to city specifications and/or to allow more units in the subdivision. Read More»

PTC to sell $6M bonds for repairs, refinancing

To fund necessary repairs and upgrades at city owned facilities and re-finance two existing loans, the Peachtree City Council Thursday night approved the sale of $6 million in revenue bonds.

The bond issue will cover $3 million in improvements and the refinancing of two existing loans.

The city got an outstanding interest rate of 2.16 percent, thanks to the city’s excellent credit rating, officials said. And when paired with the payoff of another bond series earlier this year, the net increase on debt service is only $165,000 a year, according to Finance Director Paul Salvatore. Read More»

Planners to vote on TDK plant expansion

A proposal to add a 40,000 square foot expansion to TDK’s facility on TDK Boulevard near Ga. Highway 74 South will be considered by the Peachtree City Planning Commission Monday night.

The expansion will allow the company to consolidate its warehouse and shipping activities, TDK representatives have said.

The conceptual site plan for the existing TDK facility shows the proposed addition of approximately 40,000 square feet that will be similar in design to the existing structure, city Planning and Zoning Administrator David Rast has said. Read More»

PTC saving on roof work, but bubble cost to rise

Peachtree City will be saving a significant amount of money using a new process to repair the roofs of two buildings instead of replacing them. Read More»

PTC to add two new staffers

Peachtree City has hired two additional employees, although one of the new positions will expire after a year.

A 30-hour a week intern has been brought on for the city’s planning department to help reduce a backlog of matters that must be dealt with, city officials said. That intern is being hired on a 1-year contract, and the total cost including salary and benefits is $29,571. Read More»

PTC sewer board nixes raises

The 26 employees of Peachtree City’s sewer system will not see any cost of living or merit increases this year.

That’s because the city Water and Sewer Authority voted unanimously to ditch the increases for the 2011-2012 budget year. That move will save $56,623.

The vote came at the end of a protracted discussion about one authority member’s calculations of the year-to-year increase in employee benefits. Read More»

PTC eyes OK of $6 million loan for bubble, repairs, loan re-fi

To fund necessary repairs and upgrades at city-owned facilities and finance two existing loans, the Peachtree City Council is expected to sign off on a revenue bond for up to $6 million at its regular meeting Thursday night.

The bond will include $3 million in improvements and the refinancing of two loans totaling $6 million. The loan refinancing will save the city a projected $148,000, officials said.

The city will be on the hook for repaying the bonds, with the debt service for the bonds and refinancing estimated to cost $634,000 a year over a 10-year period. Read More»

F’ville Chief Heaton presses council to lower speed limits

The Fayetteville City Council sets its sights on lowering the speed limits on two major thoroughfares at its meeting this Thursday.

The Council on Sept. 15 heard a proposal that would reduce the speed limit on Beauregard Boulevard and South Jeff Davis Drive and to continue the expanded school zone along Grady Avenue.

The part of the proposal pertaining to South Jeff Davis led to a request by Councilman Al Hovey-King to see the details on which the recommendation was based. Read More»

PTC Council to examine private street takeover

The Peachtree City Council will hold a workshop meeting Tuesday night to discuss the possibility of the city assuming control of privately-owned streets in several subdivisions.

The meeting will be at City Hall at 6:30 p.m. The discussion will include the current specifications of existing private streets, the city’s street specifications and the potential ramification of the city assuming their control, particularly as it would affect residents through homeowners associations. Read More»

New PTC Dunkin' Donuts wants color change

The Peachtree City Planning Commission at its Sept. 22 meeting gave the go-ahead to a discussion that could lead to a new Dunkin’ Donuts store at the Wisdom Road Convenience Center located at Ga. Highway 74 and Wisdom Road provided the applicant is okay with toning down expectations about the look of the exterior of the vacant storefront situated adjacent to the Shell FoodMart. Read More»

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