• Withers & Ravenel surveying service contract executed on November 14, 2012 and a notice to proceed was sent.  All plats have been signed and recorded, and was completed on schedule. 
• The following neighborhoods have received plats:
  • Carpenter Park
  • The Gables
  • Huntington Park
  • Kelton II
  • Kelton Square
• The Town is currently working on an RFP (Request For Proposal) to conduct an MSD Community Assessment.

The Background

• 14 residential developments in Morrisville were constructed with private streets
• Private streets are constructed to a lesser standard than public streets
• The Town Council does not have general authority to expend public funds for private needs
• About one third of Morrisville's homes are in these 14 neighborhoods

• Staff developed an initiative to upgrade and convert private streets to publicly maintained streets
• This will result in a Municipal Service District (MSD) that creates an additional temporary property tax
• All 14 neighborhoods must have a majority of signed petitions to proceed
• If the initiative has majority support, staff will present the item to the NC Legislature, who must grant the authority for the establishment of an MSD for this purpose

• Town Staff and Council are neither for nor against establishing a temporary MSD - the decision lies with the residents of the 14 neighborhoods
• Town Staff is prepared to take on the effort of establishing a temporary MSD if it is the will of the residents

• Staff has proposed that the MSD tax is capped at 10¢ per $100 valuation (If your home is worth $200,000, the maximum additional tax you would pay each year would be $200) 
• The MSD tax would be abolished once all streets were brought up to standard and all associated costs are recovered
• An Annual report of costs and financial status of MSD would be provided