Subject:
Title
Public Hearing: Ordinance to create the North Merritt Island Transmission System - Phase 3 Capital Recovery Fee
End
Fiscal Impact:
Cost of Advertisement
Dept/Office:
Utility Services
Requested Action:
Recommendation
It requested that the Board conduct a Public Hearing and consider approval of an Ordinance creating the North Merritt Island Transmission System - Phase 3 Capital Recovery Fee
End
Summary Explanation and Background:
On April 7, 2020 the Board approved Legislative Intent and granted Permission to Advertise an Ordinance to create the North Merritt Island Transmission System - Phase 3 Capital Recovery Fee. The North Merritt Island Transmission System Phase 3 will be installed along North Courtenay Parkway from Church Street to North Tropical Trail. This 6-inch force main serves as the regional wastewater transmission system connection for all parcels in Merritt Island between the 2 streets mentioned.
Regional wastewater infrastructure needs which improve or extend the County's system are "pre-paid" with Water and Wastewater Capital Reserves, with prorated repayment by users at the time of connection. An ordinance is used to formally establish the service area and requires payment of a capital recovery fee at the time of connection. Specific fees are established by resolution when construction is completed. The Capital Recovery system has been used to extend the regional water and sewer service in all of the County's service areas. This differs from the MSBU process in that fees are recovered at the time of connection to the system instead of completion of the project.
The anticipated Equivalent Residential Connections (E R C) for Phase 3 is anticipated to be 379. The Phase 3 Capital Recovery Fee will be submitted to the Commission for approval, via Rate Resolution, upon completion of the project.
This item has been reviewed by the County Attorney's Office and advertised in Florida Today on April 23, 2020.
Clerk to the B...
Click here for full text