Orange County NC Website
Browse       Search
8 <br />Memorandum <br />Excess Capacity Credit Policy <br />November 3, 2005 <br />Page 6 <br />estimated construction cost and capacity credit. <br />(Attachments A through G) show the existing water <br />location where oversized extensions would be required. <br />The attached maps <br />or sewer mains and the <br />Water Main Extensions <br /> ESTIMATED ESTIMATED <br />ATTACHMENT LOCATION LENGTH COST CREDIT <br />A Eubanks 13 <br />825' $2,075,000 $415,000 <br /> Road , <br />B 15-501 5 <br />225' $785,000 $175,000 <br /> South , <br /> Mt, Carmel <br />C Church 6,300' $785,000 $55,000 <br /> Road <br />TOTALS: $3,645,000 $645,000 <br />Sewer Main Extensions <br />ATTACHMENT LOCATION LENGTH ESTIMATED <br />COST ESTIMATED <br />CREDIT <br />D Upper Bolin <br />Creek 21,200' $4,255,000 $1,100,000 <br />E Crow Branch 4,650' $835,000 $140,000 <br />F Fan Branch 8,650' $1,550,000 $160,000 <br />G Wilson Creek 4,100' $735,000 $125,000 <br />TOTALS. $7,375,000 $1,525,000 <br />Summary <br />The Ad Hoc Committee on Developer Reimbursement was in general agreement <br />that for water extension projects where excess capacity is provided, any credit <br />would be paid out in a lump sum based on the differential cost of the extension.. <br />Funding for the water excess capacity credits would be included in the capital <br />program and recovered through the general water fees (availability and service) <br />paid by all new and existing OWASA customers. This approach is simple to <br />administer and requires minimal tracking by staff. <br />Credits for oversized sewer mains would require staff to spend more time <br />tracking which projects have been approved for an excess capacity credit, where <br />