8.7 SR 08-05-2013 - Laserfiche WebLink

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Eligible expenses include costs that are directly related to the connection or repair of said service line. This includes the following: Installation of required pipes and connection to the service stubs Restoration of disturbed areas Interior plumbing to facilitate proper connection to the external sewer or water service line Abandoning and sealing of existing wells and septic systems Sewer Access Charge and Water Access Charge(SAC and WAC)for initial connections or change in use only. Moved up[I]:a.service or industry unique to 3. Initiation of Project b.Redevelopment or vacant properly¶ c.Substantial increase cf S AC/WAC units. Substantial in this case means a percentage Projects shall be initiated by the submission of a Petition,Waiver and Agreement,on a increaseof 100%orgreater. ¶ 9 form supplied by the City,which has been signed by the Property Owner. Deleted:<#>EligibleProjects¶ Eligible Project Costs shall be detailed on Exhibit B of the signed Petition,Waiver and Eligible Projects shall include a$ a.service or industry unique to the City¶ Agreement and approved by City Staff or the City Council prior to any work being b.Redevelopment or vacant property¶ completed. Any expenses that are determined,by City staff or the City Council,that are c.Substantial in this case means a percentage Substantial increase of SAC/WAC units, not required to facilitate the service connection or repair,will be deducted from the increase of 100%or greater. ¶ requested amount. tI All permit fees and any escrow money required by said permits will not be eligible for _ reimbursement,,- .. _ _- - .._ - {—Deleted: 4. Approval and Terms of the Assessment Petitions for residential uses shall be limited to a minimum request of$3,000 and a maximum request of$40,000. Petitions for all other uses shall be limited to a minimum request of$25.000 and a maximum request of$150,000. The City Administrator shall Deleted:10 have the authority to approve all petitions up to$20,,,000. Those petitions above$20,000 Deleted:5 will require the approval of the City Council. { Deletes:5 All qualified expenses,reimbursed by the City,will be levied as a special assessment against the property,pursuant to the Petition,at the current bonding interest rate available to the City plus a 1.5%administrative fee. The final rate will be determined at the time of improvement. The term of the assessment will be as follows: Single Family Residential $3,000 to$5,000 Up to 3-years Single Family Residential $5,001 to$10,000 Up to 5-years Single Family Residential $10,001 to Max Up to 15-years -Deleted: 10 1 All Other Properties $�5,D000 to, 0,000 Up to 3-years ( Deleted:3 All Other Properties $50,001 to 100,000 Up to 7-years Deleted:Max All Other Properties $100,001 to 150,000 Up to 10-years D Deleted: GP:3301030-vl--------------- --------------- ---------------- ,Deleted:¶