SUBJECT:
Title
PUBLIC HEARING: An Ordinance of the Town Council of the Town of Erie Adopting New Water Tap Fees, Fees in Lieu of Water Dedication and Wastewater Tap Fees
Body
DEPARTMENT: Finance Department
Utilities Department
Department
PRESENTER(S): Sara Hancock, Finance Director
Todd Fessenden, Utilities Director
First Name Last Name, Title
TIME ESTIMATE: 10 minutes
only required for non-consent items
POLICY ISSUES:
Based on detailed study, the proposed fee changes are needed to provide sufficient revenue to operate and maintain the Town's existing water, wastewater, and stormwater systems and increase the tap and water dedication fees to generate sufficient revenue to expand the system to serve new development.
STAFF RECOMMENDATION:
Recommendation
Approve the updated tap and dedication fees.
End
SUMMARY AND BACKGROUND OF SUBJECT MATTER:
This ordinance was originally presented to Council for adoption on Sept. 24, following an Aug. 8 Study Session on the results of the Utility Fee and Rate Study. Council asked staff to clarify the fees related to small homes, and staff has made those clarifications to the ordinance.
Per Town Municipal Code: "Single-family equivalent unit (SFE): A number related to the volume of water necessary to meet the demand and use requirements, including consumptive use requirements, of an average dwelling unit on an average lot size of 7,000 square feet or less. The SFE unit value assigned to such average dwelling unit is 1.0. The SFE unit value assigned to each small home is 0.75, and an additional 0.1 SFE for each additional 1,000 square feet lot size over 2,000 square feet." The correct value of $1,729 for additions of 1,000 square feet to small homes are in this revised ordinance. Also, the additional wastewater tap fee for Erie Gateway development of $1,561 is included in the revised ordinance. Lastly, we have increased the time upon which this Ordinance shall take effect from 10 days to 30 d...
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