Cabarrus

Curtis Pond to get repairs

Help is finally on the way for residents of Curtis Pond who've complained for years of roads in disrepair.

The town is about to seek bids to fix potholes and other problems with the subdivision's streets that its original developer failed to address before it went bankrupt.

The town Board of Commissioners could award a contract for the work as early as its next regular meeting, 6 p.m. Nov. 14 at Town Hall, 413 N. Main St.

In 2008, the town told developers of several of its largest subdivisions to fix their roads or risk having their bonds pulled. Pulling a company's bonds hurts its ability to obtain financing for future projects.

The Cherry Grove and Morrison Plantation communities eventually came into compliance with town-imposed standards.

Curtis Pond is the last remaining large subdivision where the town still wants to see street and other repairs made.

In Curtis Pond's case, a representative of the subdivision's original developer, Georgia-based MAG Land Development LLC, asked then-Mooresville Engineering Manager Ryan Rase late last year to pull, or "call," the developer's bonds and letter of credit related to Curtis Pond.

Rase is now Mooresville's executive director of public services and operations.

Rase told the Observer earlier this year that the MAG Land official told him the company had been foreclosed, and pulling the bonds and letter of credit would guarantee the work got done.

The town later received the $195,000 in proceeds from the letter of credit and bond. GK Curtis Pond LLC, the subdivision's present builder, is giving the town an additional $25,000 toward the improvements.

Work will include replacing storm drain grates, repairing asphalt and adjusting manholes, Rase has said.

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