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A week earlier, Berry's Chapel Utility customers elected a new board made up of ratepayers, forcing out owners John and Tyler Ring after years of controversy for the financially struggling wastewater treatment company.
work, installation of storm drains, water infrastructure and the majority of the sewer. The road still lacks an asphalt binder layer, final paving Skechers Ladies Sneakers
have put their money in, the road would be built already," Ring said. "There's half a million dollars that has not been brought to the table. We have continued to work on it as we have gotten the money to, but we are struggling."
Developer John Ring's company, Tennessee Contractors Inc., agreed to help extend the road through a partnership with other investors that own land along Commonwealth Drive. That included Pinnacle Bank and the Fitz Land Partnership, contributing $450,000 each. 31 to Wall Street, and had installed a traffic signal.
Since then, Ring has put $1.18 million into the section from Wall Street to Longview Recreation Center. He's paid for all grading Mbt Shoes Qatar
His son, Tyler Ring, Mbt Shoes Sport 3 said Tennessee Contractors Inc. is looking for other funding alternatives, including approaching the Fitzes about a fresh partnership and asking Pinnacle to contribute up to $200,000 more to the project.
Commonwealth Drive in Spring Hill will eventually be extended from Wall Street to Longview Recreation Center.(Photo: Jae S. Lee / File / The Tennessean)SPRING HILL A developer's delay in extending Commonwealth Drive, a critical connector street here, has caused the city to consider getting involved to speed up its construction. 31) and Duplex Road. Eventually it will lead to Reserve Boulevard. It will make several neighborhoods as well as Longview Elementary School and Longview Recreation Center easily accessible from Main Street.
New options sought
In March, Spring Hill gave Ring an ultimatum, prompted by complaints from residents, to repair structural road problems and finish paving in The Reserve at Port Royal by June 30 or the city will have the roads paved using his bank construction bond.
That arrangement still would leave an estimated $170,000 to finish the work, he said.
The Board of Mayor and Aldermen on Monday is set to rescind its development agreement with Tennessee Contractors Inc. It also could consider levying a special assessment tax to help pay to finish the road by charging landowners a tax when they sell their land along Commonwealth Drive.
Ring, who admitted he fell behind on paving in the neighborhood he developed, said he would begin repairs this month and start paving in June.
"We are working on it, we want to complete it but we are out of money right now," Ring said. "We put way more into it than we intended."
Meanwhile, Ring is continuing to develop Copperstone, a residential subdivision along Commonwealth that needs the road extension for access.
Ring said he would think it over and agreed to have a proposal back to the city before Monday's meeting.
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Spring Hill stuck in flap over delayed road extension
Though Ring is the only partner working on the road, residents are questioning why it's not complete. It isn't the first project in which Ring has faced public criticism.
"We are all committed to trying to find a way to get the project completed," Duda said, "and at the same time, we recognize it benefits those properties to have that type of road constructed, so it's not appropriate for the city to pick it up and construct it."
Ring blames the delay on the Fitz family, landowners along Commonwealth Drive who were required to contribute to the project if Ring finished his portion by a certain time, which he admits he failed to do. The Fitz partners did, however, contribute several acres of land for the road easement.
In 2012, the city agreed to contribute to the project by giving Ring $343,000 in water and sewer tap credits.
Alderman Jonathan Duda suggested a possible arrangement in which the city would take back the $343,000 in water/sewer credits issued to Ring and instead pay Ring for the utility improvements he has installed to give him the cash needed to continue building the road.
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