Agenda - 02-16-2006-3 - Laserfiche WebLink

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3 Costs recovered through assessment shall not include the engineering design and construction observation expenses in an amount up to IS% 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 such engineering design and observation costs in excess of 15% and/or legal costs in excess of 5% will be included in the summation of costs to be assessed, Costs recovered through assessments shall not include off-site costs, including any 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 benefited properties; or the cost of the off site improvements aze reasonably anticipated to be recovered within the next ]0 year period through fees from service connections or extensions 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 cost, or funds are reliably available from other sources such as grants, subsidies or contributions 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 Carrboro 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 Carrboro. Off-site mains shall be defined as those sections of mains installed outside of 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 [he assessment. Assessments may be paid without interest at any time before the expiration of thirty (30) days from the date that notice of confirmation of'tlre Final Assessment Roll is published. If the assessments are not paid within this time, all installments shall until paid, bear interest at a rate set by the OWASA Board in the assessment proceedings until paid. In the event one or more payments of'the assessment against a pazcel of property aze not made in accordance with the terms for such payment, OWASA will take action under the lien to collect the money due, For assessment projects, the property owner connecting within sixty (60) days of the confirmation 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 installation payment of service availability fees shell 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 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