12-08-1997 Council Packet - Laserfiche WebLink

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Development of the subject property is not responsible for the 1982 Sewer Lateral Charge, since the cost of the laterals constructed in 1982 was spread over the properties they directly served. The Trunk Unit charge of $760. per unit has inflated to $1,095. per unit in the 1997 fee schedule and is due for this new development, as is the $150. per unit Bv'pass charge. Also, because the proposed development density uses credit for the wetland area (allowable because it is sewered property), an incremental Trunk Area charge of ± 9.8 ac- 5.9 ac= ? 6 acres should be charged at an inflated 1997 rate of (1095/760)x $2,000 = $2,882. per acre, or a total of $10,375, Sewrer Connection Charges Summary (Sample calculation based on 30 units) Trunk Unit & Bypass: $1,095. + $150. = $1,245. per unit x 30 units = Trunk Area: $2,882./acre x 3.6 acres = Less credit for LS -63-1B lateral sewer Total sewer Connection Charges Due $37,350. 10.375. $47,725. ( 6.770.> $40,955. rV. Water Connection Charge Analysis 1970 Water Assessment: Project 1970 LW-1 (Levy # 5383) Original Project Asessment Amounts:$580.00 per residential unit $870.00 per commercial unit $ 5.80 per residential front foot $ 8.70 per commercial front foot 1970 Property Assessment: Usm Parce Assessed footage: Assessed units: Footage amount: Units amount: Oversize Service @ $225. 4300 4350 4410 132.00* 5 comm'l 132.00' 5 conun'l 264.00' 3 comm'l 7 comm'l $ 1,148.40 $ 4,350.00 $ 1,148.40 $ 4,350.00 $ 225.00 $ 2,296.80 $2,610.00 $ 225.00 $ 6,090.00 $ 5,498.40 $ 5,723.40 $5,131.80 $ 6,090.00Total assessed by parcel Total 1970 Water Assessment: $22,443.60 Note that the value of commercial units was 1.5 times the value of residential units, so the 20 total commercial units assessed is equal to 30 re.-ddential units. Therefore, if the water system in Shoreline Drive is used, there will be no water connection charge since the property has been fully assessed for 30 residential units. Page 3 of 4