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HomeMy WebLinkAboutCouncil Resolution 704RESOLUTION N0. 7°y A RESOLUTION ESTABLISHING A WATER RESERVOIR SYSTEM DEVELOPMENT CHARGE, INCLUDING REIMBURSEMENT FEE AND METHODOLOGY THEREFOR Recitals 1. Oregon Revised Statutes Chapter 223 and Central Point Municipal Code Chapter 11.12 authorize. enactment of systems development charges. The City is in the process of constructing a two-million gallon water reservoir, which. will increase the City's total reservoir capacity to three million gallons. 2. The engineering firm CH2MHi11 has analyzed the reservoir system and has concluded, in its report of June 2, 1994, that the reservoir system will serve a total population of 11,491. Since the City's population is currently about 8,520, the reservoir system presently has excess capacity. 3. New development in the City will benefit from previously-constructed water reservoir system improvements and should therefore pay a proportionate share of the cost of those improvements, such share to be determined through the methodology set forth herein. 4. Under the terms of its Reservoir Construction Loan Agreement with the Oregon Economic Development Department, the City is required to have in place a program which will assure the replacement of the reservoir. Now, therefore; BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CENTRAL POINT, OREGON, AS FOLLOWS: Section 1. Imarovement Plan. The City hereby authorizes as its improvement plan the expenditure. of reservoir system development charges on (1) a sinking fund for the future construction of water reservoirs; and (2) retirement of the debt on the two-million gallon reservoir currently under construction. The City determines that those expenditures are associated with the reservoir system for which the reimbursement fees will be assessed and determines further that such improvements are eligible for expenditure of reimbursement fees. Section 2. Methodology• The methodology for the fees described herein is set forth below. This methodology considers the cost of existing facilities, prior contributions by existing users, the value of unused capacity, rate-making principles employed to finance publicly-owned capital improvements, 1 - RESOLUTION N0. 70y (072994) including the time value of money, and other relevant factors identified by the City Council. The methodology promotes the objectives that future system users shall. contribute no more than an equitable share of the cost of existing facilities. Methodoloav General Information 1. The construction of a two-million gallon water reservoir will provide the City with a total of three-million gallons of water storage. The total cost of the reservoir system, including land, administration, engineering and construction., is estimated to be $2,058,815. 2. The current population estimate far the City of Central Point, which. also equals the water service population, is 8,520. 3. The U.S. Department of Commerce 1990 Census of Population and Housing Report indicates that the City of Central Point has 2.71 people per housing unit. 4. An average household has a 3/4 inch meter which equals one (1) Equivalent Meter Unit (EMU). 5. The November 1990 CH2MHi11 Study on Water Supply and Storage for the City of Central Point determined that: a. The capacity requirement on the reservoir is based upon the average daily demand (ADD) of 165 gallons per capita per day used in Central Point, which equals 1,405,800 gallons. b. The reserve storage requirement of the reservoir is one- half of the average daily demand, which equals 702,900 gallons per day; c. Maximum daily demand is 2.5 times average daily demand, which equals. 3,514,500 gallons per day; d. The equalization storage requirement of the reservoir is 0.3 maximum day demand, which equals 1,054,350 gallons; e. The fire storage requirement is 630,000 gallons. Canacit~Remainina in the Reservoir 6. The current (May 1994) capacity demand on the reservoir is the population of 8,520 in 2 above times average daily demand of 165 gallons per capita per day in 5a above times 1.25 (0.5 from 5b + 0.3*2.5 from Sc and 5d) plus 630,000 from Se, which equals 2,387,250 gallons (8,520*(165*(0.5+0.3*2.5)))+630,000). 2 - RESOLUTION N0. ~_ (072994) 7. Total reservoir capacity of three million gallons from 1 above minus May 1994 capacity demand on the reservoir of 2,387,250 gallons from 6 above leaves 612,750 gallons of remaining capacity in the reservoir for future users. 8. The. current capacity demand. per capita on the reservoir equals 2,387,250 gallons from 6 above divided by the May 18, 1994 population of 8,520 in 2 above resulting in a capacity demand per capita of 280 gallons. 9. The current capacity demand per capita of 280 gallons from 8 above times 2.71 people per household in 3 above equals a capacity demand per household of 759 gallons. 10. One household equals 1 EMU from 4 above and the May 18, 1994 capacity demand per household is 759 gallons from 9 above; therefore, the May 18, 1994 capacity demand per EMU is 759 gallons. 11. The 612,750 gallons of divided by the May 18, 1994 gallons from 10 above equals of about 807 EMUS. remaining capacity from 7 above capacity demand per EMU of 759 a demand capacity for future users Cost of Benefitted EMUS 12. Construction is currently adding two million gallons of water to system storage. Of that, 612,750 gallons is for future users from 7 above resulting in 31% of the added capacity benefitting future users. 13. Total construction cost is $2,058,815 from 1 above, and 310 of the construction benefits future users from 12 above; therefore, $630,769 ($2,058,815*.31) of the construction. is benefitting future users. 14. The benefit to future users of $630,769 divided by the capacity demand for future users of about 807 EMUS in 11 above results in a cost per total benefitted EMU of $781, rounded down to the nearest dollar. Determination of the SDC Reimbursement Fee 15. Section 3 sets forth an Equivalent Meter Unit (EMU) for each size meter. After determining the EMU per meter size, the SDC reimbursement fee is calculated by multiplying the EMU per meter size by the $781 per benefitted EMU in 14 above. 3 - RESOLUTION NO. ~Oy (072994) Summarv of Methodolo 1. Capacity Available for Future Users 612,750 gallons 2. Capacity Demand per Capita 280 gallons. per person 3. Number of Persons per Household 2.71 4. Capacity Demand per Equivalent Meter Unit (EMU) 759 gallons 5. Capacity Demand Available for Future Users 807 EMU 6. Cost of Existing Reservoir System $2,058,815 7. Percentage of Costs Attributable to Future Users 310 8. Costs Attributable to Future Users $630,769 9. Cost of Unused Capacity for Future Users $781 per EMU Section 3. Reimbursement .Fee and Collection. Effective August 5, 1994, a water reservoir system development charge reimbursement fee for any development subject to CPMC Chapter 11.12 in the amount of $781 per Equivalent Meter Unit (EMU) shall he collected by the Public Works Director upon connection to the City's water system or upon issuance of a permit to expand Equivalent Meter Units in cases where connection has already been made. The Public Works Director shall not issue the applicable permit until such charges have been paid in full. The following conversions between meter size and Equivalent Meter Units shall be applicable: Size of Connection Equivalent Meter Units. 3/4 inch meter 1.00 EMU 1 inch meter 1.67 EMU 1-1/2 inch meter 3.33 EMU 2 inch compound meter 5.33 EMU 3 inch compound meter 10.67 EMU 4 inch compound meter 16.67 EMU 6 inch compound meter 33.33 EMU 8 inch compound meter 53.33 EMU 10 inch compound meter 76.67 EMU 12 inch compound meter 104.75 EMU Passsd by the Council and its passage this. ~_ day of by me in authentication of ~~, 1994. 4 - RESOLUTION NO. ~~ (072994) ATTEST: ~D.N,~ ~P City Re ese tative Approved by me this _~ day of ~i ~ .pf 1994. 5 - RESOLUTION N0. rf0~ ( 0'72994 )