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~~ Assessment Policy Applicable to Water and Sewer Extensions to Existing Unnerved Neighborhoods May 27, 1999 Page 2 Carolina General Statutes 153A, Article 9, Special Assessments. Costs recovered through assessments shall not include the engineering design and construction observation expenses in an amount up to 1~5% of total expenditures for a given project Costs recovered through assessments shall not include the legal expenses in an amount up to 5% of total expenditures for a.given project. Any suchengineering design and observation costs in excess of 15%. and/or legal costs in excess of 5°1o will be included in• the summation of costs to be assessed. Costs recovered through assessments shall not include off-site costs, including. an~ easement acquisitions of intervening improvements required to connect assessment projects situated within the incorporated limits of Chapel Hill and Carrboro when the OWASA Board of Directors determines that (a) the off site improvements are.assessed to intervening benefitted properties; or, the cost of the off site improvetneuts are •reasonably anticipated ~to be recovered within the next 10 year ~~period through fees from service .connections or ~extensitons to the proximate intervening. properties; and (b) the costs of the off-site improvements that are not ~ assessed' are in reasonable relationship to the costs of the assessment project and funding is available in the approved Capital Improvements Budget for..such.off-site eost,~or.~imds~are.~reliably available from otliet sources such as grouts, subsidies or contn`butions in aid of construction from private or public •parties. The exclusion of off-site costs for assessment projects situated outside of incorporated areas but within the Urban Service Areas of Chapel Hill and Carrbom shall be determined by the OWASA Board of Directors for each such project Exclusion of off-site costs shall not apply to assessment projects situated outside •the~ Urban Service Area of Chapel Hill and Caribom. Off-site mains shall be defined as those sections of mains installed outside of the benefited project area which do not provide service directly to individual lots within the benefited area and are of a size so as to provide service to areas other than that defined by the assessment project resolution_ Upon completion of the project, property owners will be notified and a Final Assessment Roll adopted. Liens against the property will be recorded as security for the amount of the assessment. Assessments may be paid without interest at any tune before the expiration of thirty (30j days from the date that notice of confirmation of the Final Assessment Roll is published_ If the assessments are not paid within this time, all installments shall bear interest at a rate set by the OWASA Board of Directors in the assessment proceedings until paid. hi the event one or more payments of the assessment against a parcel of property are not made in~ accordance with the teems for such payment, OWASA will take action under the lien to collect the money due. For assessment projects, the property owner corinecting within sixty (60) days of the confirmation