Agenda - Council - 03/28/1983 - Special

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i ~ 12. Please use some numbers and work ou~ this formula so it is better understood - Rate/RfC as determined by dividi~J,~ the c~sts by the total RfC" i~ the net area of benefit tken~multip]y~ng~ thor cost/REC by the net no. of the RfC in ~he parcel. In a plat, I the net area of the plat ~s multi~lied by the RfC/acre oand the total RfC in the'plat are multiplied by thc co,_,t per REC I 13. Sanitary Sewer Lateral - what determi~eS~"the ~ay' it will be assessed and when~ is ~ice made to assess I one way or the other (assessable front footage or by ~dividing the cost of the lateral by the no. of o~nefiting lots.) , I 9 14. ~torm Drainage I'~ainline - Show us the formula which these"'words speak to and give an example in nos. Storm drainage costs ~are apportioned to the I . properties benefiting from ,.he storm drainage by the net area that is benefited from the slorm drainage facility constructed. The costs are then I apportioned to each parcel by the rate-acre determined by dividing the cost by the net area of ' 'benefit then multiply that. co~t/acre~ by the gross I area of, the parcel. 11 15. No. 1 No lF~teral service shall be ~xtended to any existing subdivision, until s~uch "time as trunk service I i£ %vailable and has been a~sessed to the subject property. Available amd NEED - these are 2 different I kea~ons for service - does not NEED provide a better reason for service then availability? No. 2 c Give an example_ Lateral service may be I extended to areas :¢here runk service is not available if the petitioners agree to pay all the costs for necessary trunk extensions on an interim. ,b, asis and subdivide the property in accordance I ~ith the platting subdivision regulations. 17. Factors Affecting Project Cost amd Assessment Rates Each project must be looked at individually with the ~oints in mind in order to know what costs will be and how to assess. How have these points been used on the present Feasibility Study? 13' 18. Nos. 3,4,5 '~,~hat if any affect do these have on residents outside the immediate serviced area? General Obligaion Bond Issues by-Referendum or by Council action if 20~ or more of the project is assessed 2o benefited property o.,vners. Revenue Bond Issues.. Bond Issue Supported by I:~SA Funds.