HomeMy WebLinkAbout05.c. (Handout)Item No. 5.c.
Proposed Smith Road
Contractual
Assessment District
No: 2012 -1
Russ Leavitt
June 7, 2012
Central Contra Costa Sanitary District
CAD Approval Steps
• Se tember 2011: Board initiated formation
o mith Road AD.
• Februar 2012: Board re- initiated formation
o
it oa CAD and changed the
boundary to add more properties.
• A ril — Ma 2012: Public review of CCCSD's
Egg s Report; neighborhood meetings
held.
• June 7, 2012: Board will consider approving
formation of CAD, the project and election; and
ordering the improvement.
• Board sets the final assessments when
improvements are completed.
5c.
1
Proposed Smith Road CAD
Main Sewer Extension
• 610 feet of 8 -inch diameter gravity sewer
• Project cost: $121,000
• Estimated cost of main sewer extension per property:
$23,000
• Meets CAD formation criteria:
1. At least five benefiting properties (7 properties)
2. At least 60% of properties developed (100 %)
3. Two or fewer dwellings on each property
(one dwelling/property)
IV
2
CAD
Boundary
Map
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Proposed Smith Road CAD
Main Sewer Extension
• 610 feet of 8 -inch diameter gravity sewer
• Project cost: $121,000
• Estimated cost of main sewer extension per property:
$23,000
• Meets CAD formation criteria:
1. At least five benefiting properties (7 properties)
2. At least 60% of properties developed (100 %)
3. Two or fewer dwellings on each property
(one dwelling/property)
IV
2
Costs Ineligible for CAD Financing
• Capacity and Permit fees: - $6,800
- $5,797 Capacity Fee may be financed separately.
through Septic Conversion Program.
• Private Side Sewer: $5,000 to $10,000, depending
on length and restoration
• Septic Tank Abandonment: - $1,500
• Costs that must be paid upfront when the home is
connected range from $13,300 to $18,300.
Source of Funds for Proposed
Smith Road CAD
• Staff recommends using the Sewer Construction
Fund to finance the proposed Smith Road CAD
Project.
• Interest at 6% APR will generate - $97,000, if all
assessments are financed over 10 years.
3
Smith 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 all seven of the properties submitted
votes.
• All seven votes were affirmative: PASSED.
Staff Recommendation
• Conduct a public hearing.
• Approve formation of the proposed Smith Road CAD
No. 2012 -1.
• Adopt two resolutions.
rd