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HomeMy WebLinkAbout05.a. (Handout)5'. 0.. (kandoai)- Item No. 5.a. Proposed St. Mary's Road Contractual Assessment District No. 2011 -1 Russ Leavitt January 26, 2012 Central Contra Costa Sanitaru District CAD Approval Steps • Board initiated formation of St. Mary's Road CAD in March 2011. • Public review of CCCSD's Engineer's Report; neighborhood meetings held. • Board approves formation of CAD; Board approves the project and election, overrules protests, and orders the improvement. • Redraw CAD boundaries to shorten the sewer project, if insufficient initial participation. • Board sets the final assessments when improvements are completed. IxI - al I 1 • • Proposed St. Mary's Road CAD Main Sewer Extension • 1,890 feet of 1 -1/4 -inch diameter pressure sewer within a 4 -inch diameter pipe casing • Project cost: $391,000 • Estimated cost of main sewer extension per property: $23,000 • Meets CAD formation criteria: 1. At least five benefiting properties (17 properties) 2. At least 60% of properties developed (94 %) 3. Two or fewer dwellings on each property (one /property) BCD_ 2 Costs Ineligible for CAD Financing • Capacity and Permit fees: $7,300 - $5,465 Capacity Fee may be financed separately through Septic Conversion Program • Private side sewer: $15,000 to $25,000 depending on number of pumps, length and restoration. • Septic tank abandonment: $1,500 • Costs that must be paid upfront when the home is connected range from $18,500 to $28,500. U Source of Funds for Proposed St. Mary's Road CAD • Staff recommends using the Sewer Construction Fund to finance the proposed St. Mary's Road CAD Project. • Interest at 6% APR generates $135,000, if all are financed over 10 years. • Property owners are interested in having the District cover the non - participant cost upfront, as was done in Alhambra Valley and recently requested by El Toyonal property owners. LOCION 3 Likely Initial Participation e .,. • 0 _ Ok 0 +`aO7 NOW { . *NO — - r St. Mary's Road CAD Proposition 218 Ballot Tabulation • An affirmative response on the majority of ballots cast are necessary if the CAD is to be formed. • The owners of twelve of the seventeen properties submitted votes. • Seven votes were affirmative; five votes were opposed: PASSED �i A 3-sl 0 Staff Recommendation • Conduct a public hearing. Approve formation of the proposed St. Mary's Road CAD No. 2011 -1. • Adopt 2 resolutions. 5