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Discussion Paper <br />March 12, 1998 <br />Pagc 8 11 <br />4. Town(sl, County And Benefiting Party Share Assessment Proiect Costs <br />+ Financial assistance provides greater incentive for timely extension of water and sewer services. <br />+ Reduces costs to benefiting parties. <br />+ As general purpose elected governments, the Town(s) and County may be more appropriate <br />entities and have greater flexibility for redistributing the community's financial resources and <br />targeting subsidies for assessment projects than OWASA. <br />+ Eliminates need for OWASA to increase existing customer rates to fund these projects. - <br />Places greater financial burden on property owners that may not "directly" benefit from the <br />assessment projects. <br />May constrain the Town(s) and County's ability to address other funding needs. <br />5. Combination Of Approaches 2, 3 And 4 <br />Participation percentages could be varied among the benefiting party, OWASA, the Town(s) and <br />the County. <br />6. State And Federal Grants Or Other Tbird-Party Assistance <br />Any contribution from other sources, such as Community Development Block Grants or the <br />State's Clean Water Management Trust Fund, would be beneficial to all parties. Eligibility for <br />this type of assistance is uncertain, but is expected to be limited. <br />jbr F.UoouiteWnipm~doeslreports\wspol_IO.sun <br />