Agenda - Council - 10/27/1992 - Laserfiche WebLink

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I I I I I I I I I I I I I I I I I I I TABLE 4 SUMMARY OF ASSESSMENTS NO, of Units Total Assessment Annu~] Paymcm 1 2 3 4 OTHER cOsTS: 6,111 910 12,222 1,821 18,333 2,732 24,444 3,642 In addition tO the assessed costs identified in the previous section, each property owner will incur various out-of-poCket costs when a residence is connected to the system. A $725 Water Availability Charge (W.A.C.) is collected to defray the depreciation costs of the municipal water system. A $700 ~ewer Availability Charge (S.A.C.) is collected by the City to be paid to the Metropolitan WaS~ Control Commission to defray the reserved capacity designed into treatment and transmission facilities. A $167 fee is collected to cover the cost of the water meter, remote meter reader and ihstallation. Finally, each property owner must pay the costs associated with extending the !utilities from the tight-of-way into their dwellings. These costs will include the abandonment of an!existing on-site sewer system. PR OJECT. SCHEDULE Assuming 100% cOnsensus of the property owners remains following the public heating on this feasibility report, We following schedule can be anticipated providing agreement can be negotiated with contractor who is installing the sewer and water in adjacent Sunny Ponds and Ramsey Meadows. Accept feasibility study and iSet public hearing date Hold Publi~. hearing (Special Council Mtg.) Receiv~ walver of 60 day waiting period Council to Order improvement by chagge order to existing contract Begin construction Complete construction Hold aSsess~nent hearing First payment due with :real estate taxes October 24, 1992 November24,1992 November24,1992 November24,1992 Spting 1993 Spting 1993 June 1993 May 1994 Alternatively, if c:onsensus is not unanimous among property owners following the public hearings, a six!~y (.6~3) day waiting period would be necessary prior to the Council authotizing the project. It is likelyl that ire contractor currently engaged in the work associated with the adjacent Sunny PondS/RamJey Meadows projects will need to complete substantial portions of his work in the Spring of i993[ It is therefore likely this contractor would be agreeable to adding this work under a change order to that project. In this event, the construction completion would not change from the schedule lirojected above.