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HomeMy WebLinkAbout04.a. Follow-up to questions asked at the January 12, 2018 Administration Committee regarding the Alhambra Valley Trunk Sewer and the Alhambra Valley Assessment District (AVAD) program Page 1 of 3 Item 4.a. Central Contra Costa Sanitary District March 6, 2018 TO: ADMINISTRATION COMMITTEE FROM: THOMAS BRIGHTBILL, SENIOR ENGINEER REVIEWED BY: DANEA GEMMELL, PLANNING AND DEVELOPMENT SERVICES DIVISION MANAGER JEAN-MARC PETIT, DIRECTOR OF ENGINEERING AND TECHNICAL SERVICES ROGER S. BAILEY, GENERAL MANAGER SUBJECT: FOLLOW-UP TO QUESTIONS ASKED AT THE JANUARY 12, 2018 ADMINISTRATION COMMITTEE REGARDING THE ALHAMBRAVALLEY TRUNK SEWER AND THE ALHAMBRA VALLEYASSESSMENT DISTRICT (AVAD) PROGRAM At the January 12, 2018, Administration Committee meeting, there were several questions asked regarding the Alhambra Valley Trunk Sewer and the Alhambra Valley Assessment District (AVAD) program. This memo presents a summary of the status of reimbursements for the Alhambra Valley Trunk Sewer. Status of the Alhambra Valley Trunk Sewer Reimbursement Construction of the Alhambra Valley Trunk Sewer was completed in February 2008. On May 1, 2008, Central San established reimbursement fees for those parcels which could be connected either directly to the trunk sewer or to other sewers which are tributary to the trunk sewer. Funding for the trunk sewer project was provided by Central San and a developer contribution, and is being paid back by those property owners who connect to either the trunk sewer or an upstream sewer. Ordinance 251 shows the costs as follows: Funding from Central San $3,625,000 Developer Contribution $400,000 Total Project Cost $4,025,000 The ordinance sets different reimbursement fees for those parcels which are connected directly to the trunk sewer and those which are connected to upstream sewers. The fees are also escalated each year. Reimbursement fees for fiscal year 2017-18 are: Direct connection $22,468 per parcel Indirect connection $7,817 per parcel March 6, 2018 Regular ADMIN Committee Meeting Agenda Packet- Page 8 of 58 Page 2 of 3 Looking at the number of parcels that have been connected gives the following breakdown of reimbursements: Reimbursed from Developer $400,000 Reimbursements from Property Owners Fully Paid $414,450 Reimbursements from Property Owners Financed $892,407 1 Outstanding Reimbursement Fees (developed and undeveloped lots that have not been connected to public sewer) $2,218,143 Bond $100,000 Total Project Cost $4,025,000 1 Includes both outstanding principal and payments already received by Central San. All figures shown in 2008 dollars. A graphical representation of the funding, reimbursement fees, and various parcel statuses is included at the end of this memo. ATTACHMENTS: 1. Alhambra Valley Trunk Sewer Graphic March 6, 2018 Regular ADMIN Committee Meeting Agenda Packet- Page 9 of 58 Alhambra Valley Trunk Sewer Paid Off(14 parcels) Total Reimbursement Reimbursement to be Paid by Making Payments (25 parcels) Fully Paid Direct Connectors `� $414,450 $1,334,135 Not yet connected Reimbursement Funding Provided (27 parcels) Financed by Central San In AVAD, PaidOff(18 parcels $892,407 $3,625,000 ) In AVAD, Making PaYments (53 parcels) • Total Reimbursement to al Paid by In AVAD, not connected (23 parcels) Waiting for Parcels Indirect Connectors to be Connected $2,190,865 and Reimbursement to be Paid $2,218,143 AVAD not yet formed (206 parcels) Funding from • Developer Contribution NPS Bond $100,000 _ $400,000 TOTAL from Reimbursements+ Bond Notes $3,625,000 • Project cost, Direct and Indirect Reimbursement amounts taken from Ordinance 251 • All amounts shown in 2008 dollars • Amount shown for"Reimbursement Financed" includes both outstanding principal and payments already received by Central San • National Park Service bond not included in reimbursement calculation as funds should ultimately be returned to Central San 1/24/2018 March 6, 2018 Regular ADMIN Committee Meeting Agenda Packet- Page 10 of 58