Agenda - 04-12-2007-4 - Laserfiche WebLink

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Assessment Policy Applicable to Water and Sewer Extensions to Existing Unnerved Neighborhoods May 27, 1999 Page 3 ~~ of the Final Assessment Roll may enter into a contract with OWASA to pay service availability fees for connections to lines extended by an assessment project, but not service connection fees, under established terms and conditions by monthly installments over the same time period and at the same interest rate as established for the assessment project costs. The installment payment of service availability fees shall become a part of the monthly billing .for service, and nonpayment shall be subject to the same policies and penalties that apply to delinquency in the payment of .monthly charges for water and sewer services provided by OWASA. The unpaid balance shall be secured by a lien against the benefited property and personal security to satisfy any outstanding balance upon sale of the property. The payment of the unpaid balance shall become due upon transfer of the property. For assessment projects, the residential property owners connecting within ninety (90) days of notice from OWASA that the construction has been completed and service is available for active service connections, the service availability fees applicable to the property will be reduced by 25%, not to exceed $500 per benefited property.' if an assessed lot is subdivided at any time after adoption of the Final Assessment Roll, the newly created lots shall be required to pay all applicable availability fees in accordance with the Schedule of Rates and Fees in effect at the tune, prior to establishing a service connection to the system(s) owned by OWASA.. REFERENCES: - OWASA Schedule of Rates and Fees - OWASA Water and Sewer Extension Policies Reviewed by General Counsel: (v -' 3 Date Gen Co 1 ~-- Adopted by the Board: ~~~ Date Jerk to the Bo