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<br />the pump would serve other areas south of Beltline on Prairie as well. Mr. Lyle also explained that <br />no part of the cost of the pump station would be assessed to the property owners in the LID. The <br />pump station and other portions of the system above the equivalent cost of an eight inch line were <br />paid by the City through funds collected by SDC charges. <br /> <br />Mr. Thorton also asked how the City determined the number of connection points for each <br />property. Mr. Lyle explained that the expected number was determined by examining the nature <br />of use on the lot, the size of the lot and the owner's expectations of future uses on the lot. The <br />usual assumption is that each lot will need only one connection. If, however, the parcel is <br />unusually large, or has the possibility of developing further uses later, or has a larger than normal <br />flow, the City would discuss with the property owner the possible need for more than one <br />connection point. <br /> <br />The next member of the public to address the hearing was Dan Chamness. Mr. Chamness' <br />first question concerned the expected interest rate and the time allotted for payment of the bonds <br />that would be used to finance the assessments. Mr. Lyle indicated that, based on current rates, the <br />City anticipated that the interest rate would be approximately eight percent, and that the standard <br />time for payment of the bonds was ten years. <br /> <br />Mr. Chamness also asked about the relationship between the storm drain system and the <br />SDC charges. Mr. Lyle explained that the SDC charges the City was proposing to include with the <br />assessments were not related to any storm drain system or charges. Mr. Lyle explained that the <br />SDC charges being discussed were related solely to the wastewater system. The regional sewer <br />SDC went to the Metropolitan Wastewater Management Commission to pay the cost of the <br />treatment plant and the regional system. Mr. Lyle explained that the method of calculating these <br />SDCs had just been changed to include additional factors. For that reason, Mr. Lyle and the City <br />Engineering staff were not able to provide an estimate of the SDCs to be charged for each parcel at <br />the hearing. Mr. Lyle also explained the City's local SDC for collection system sewer services. <br />This charge is calculated from the cost of providing sewer services to the local area. Mr. Lyle <br />explained that, because the area was outside the city limits, the City had no jurisdiction over the <br />area and was not charging a storm sewer SDC. <br /> <br />Mr. Bob Dunn, who owns property that borders on Prairie Road and Irving Road, asked <br />which sewer line his property would be connected to. Mr. Behney of the Engineering staff <br />explained that Mr. Dunn's property would be connected to the sewer on Irving. Mr. Dunn asked if <br />that was a dryline and, if so, when service would be available. Mr. Behney replied that it was <br />indeed a dry line, and that the connection would be made when the construction on Prairie Road <br />was completed. <br /> <br />Mr. Jim Rear asked if delivery from the properties would be a gravity flow. Mr. Lyle <br />indicated that it would be. Mr. Rear then asked how the cost of connection to the service line <br />would be handled. Mr. Lyle explained that the City installed a service line up to the road right-of- <br />way, and that the individual property owner was responsible for the rest of the connection on the <br />private property. <br /> <br />Minutes - June 12, 1997 Public Hearing <br /> <br />Page 3 <br />