HomeMy WebLinkAbout05.b. (Handout)(Hanle)
Connection Fee Deferral Program
• Requested by home building community.
• Pilot program approved by the Board for 2009-
2010.
• Program extended for 2010 -11 with fees to cover
administrative and interest costs.
• Last deferral agreement signed on December 16,
2009.
• Current program will expire on June 30, 2011.
• Home builders have asked that the program be
continued.
57,6.
1
Program Usage
TOTALS 220 units $1,349,524 $1,339,288 $10,956
.,.:SAC►,
Connection Fee Deferral Program
• Staff Recommendation:
Conduct a Public Hearing to consider extending
the program;
Allow program to expire due to low usage.
• Alternative:
Adopt a resolution extending the program for
two years;
Adopt an ordinance to reinstate program fees.
,x
k
2
Number of
Amount
Amount
Amount
Owner
Units
Deferred
Paid
Outstandina
Shapell Homes
180
$1,078,670
$ 1,078,670
$ 0
Brookfield Homes
34
239,066
239,066
0
Gallegos
1
5,298
5,298
0
Bragg
1
5,298
5,298
0
Maggi
4
21,192
10,956
10,956
TOTALS 220 units $1,349,524 $1,339,288 $10,956
.,.:SAC►,
Connection Fee Deferral Program
• Staff Recommendation:
Conduct a Public Hearing to consider extending
the program;
Allow program to expire due to low usage.
• Alternative:
Adopt a resolution extending the program for
two years;
Adopt an ordinance to reinstate program fees.
,x
k
2
Questions..: ?
0