Laserfiche WebLink
<br /> <br /> <br />RH HOA Considerations <br />RH SSTS Funding Options <br /> <br /> RH SSTS was installed in a location that was feasible, <br /> <br /> RH HOA applied for $2.0M state <br />o If it were a feasible site, the HOA SSTS would be planning a <br /> <br />bonding funds, which is pending <br />repair project rather than full replacement option. <br />decision <br /> RH is a small community with only 28 homeowners to share the <br /> <br /> RH HOA is investigating selling the <br />expense. <br /> Back 40-acres <br /> Current proposal does not afford additional homeowners along the <br />o 20 acres to B&B Sod <br />line to connect into the line to share in the costs. <br /> <br />~$200,000 market value <br /> Concern for future assessment when/if line is upgraded to allow <br />o 40 Acres is not ideal for <br /> <br />additional connections. <br />development <br /> City sewer connection Is effluent only <br />o City Ordinance and HOA <br /> <br />o Unlike other communities connected to city sewer, RH HOA <br />Covenants would need to <br /> <br />members will continue to have maintenance/repair <br />be amended <br />responsibilities and associated costs to the common interest RH HOA submitted a request to <br /> <br />the MN Conservation Legacy <br />compon <br /> department to see if the back 40 <br />city connection station) and maintenance/repairs to their <br />would be eligible for their <br />individual septic components. <br /> <br />program. <br /> Despite effluent only, SAC fee per homeowner remains assessed as <br /> RH HOA may be able to sell 3-4 <br /> <br />part of the project. <br />lots at the current SSTS site but <br /> <br />will be years post project and full <br />Funding Mitigation Considerations <br />decommission of drain field <br /> <br /> RH HOA has researched and <br /> City to support the new Urban Development Expansion project to <br />reached out to several resources <br />initiate to County Road 33 to allow RH HOA to connect to this <br /> <br />rd <br />to evaluate other Grant options <br />location rather than 193. ** understanding that the Urban <br /> <br />with no options found to date. <br />Development Expansion project is a projected project, but <br /> RH HOA discussed with the City <br />anticipation for development in the next 10 years for the city to <br />the American Rescue Plan Act of <br />recoup the costs for the trunk line to be initiated for the RH HOA City <br />2021 has provided $2.6M in <br />Hook up. <br />funding to be used for eligible <br /> SAC & Trunk Sewer Fee waived for the RH HOA City Hook - $197k <br />expenses, at the discretion of the <br /> Assessment interest fee waived <br />city. <br /> Other considerations? <br /> <br />