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Abandoning and sealing of existing wells and septic systems <br /> Sewer Access Charge and Water Access Charge (SAC and WAC) for initial <br /> connections only <br /> 3. Initiation of Project <br /> Projects shall be initiated by the submission of a Petition, Waiver and Agreement, on a <br /> form supplied by the City, which has been signed by the Property Owner. <br /> Eligible Project Costs shall be detailed on Exhibit B of the signed Petition, Waiver and <br /> Agreement and approved by City Staff or the City Council prior to any work being <br /> completed. Any expenses that are determined, by City staff or the City Council, that are <br /> not required to facilitate the service connection or repair, will be deducted from the <br /> requested amount. <br /> R{F <br /> All permit fees and any escrow money, {"" gyred by said permits will not be eligible for <br /> reimbursement. <br /> 4. Approval and Terms of the essment <br /> Petitions shall be limited to a miniu n request of$3,000 and a maximum request of <br /> $40,000. The City Administrator shall have the authority to approve all petitions up to <br /> $5,000. Those petitions above $5,000 will require the approval of the City Council. <br /> All qualified expenses, reimbursed by the City, will be levied as a special assessment <br /> against the property, pursuant to the Petition, at the current bonding interest rate available <br /> to the City plus a 1.5% administrative fee. The final rate will be determined at the time <br /> of improvement. The term of the assessment will be as follows: <br /> 7Single mily Residential $3,000 to $5,000 Up to 3-years <br /> mily Residential $5,001 to $10,000 Up to 5-years <br /> mily Residential $10,001 to Max Up to 15-years <br /> Properties $3,000 to Max Up to 3-years <br /> GP:3301030 v1 <br />