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<br />FIGURE 4-SDC SCHEDULE DEVELOPMENT <br /> <br />Using industry reference da,ta for. charging SDCs is-consistent With the approach MWMC <br />has previously used to charge.SOCs. This type of approach uses flow ari4 strength <br />assumptions that are consistent with the system capacity parameters described previously. <br />For example, average flow is defined as dry season maximum month flow. This capacity <br />measure is used in estimating user capacity requirements. The peak-to-average flow ratio. <br />reflects the system planning assumptions. The flow and ~trength as~umptions for various <br />land uses (developm~nt types) are presented in. Appendix .D. H information for a pamcular <br />. development is not fotitld in AppendiX D, the SDC Will be formulated USing average data of <br />like or similar development as determined by the City Engfueer. <br /> <br />Unit Costs <br /> <br /> <br />x <br /> <br /> <br />x <br /> <br /> <br />x <br /> <br /> <br />x <br /> <br />Capacity. <br />Requirement j <br /> <br />SDCjUnit <br /> <br /> <br /> <br /> <br />- <br />- <br /> <br /> <br /> <br />Methodology Element Four: Calculate Revenue Offsets and. Credits <br /> <br />To comply with Oregon SDC law, the SDC methodology must ensure that~ture system users <br />contribute no more than an 1/ equitable share" of the capital costs of existing facilities. Before <br />real property is developed, it may have been subject to taxes that supported capital funding of <br />some of the Regional Wastewater System. After a development ~onnects to the system, it will <br />pay rates and, possibly taxes as well, that may also support some level of capital funding. The <br />SDC methodology therefore considers past and future payments to be made by new <br />developments, which may partially fund the same facilities for which the SDCs were paid. <br /> <br />Past Payments <br /> <br />A portion of MWMC's existing facility costs were funded through general obligation (GO) <br />bonds. The debt service on the bonds was retired through property taxes. Undeveloped land <br />in the cities of Eugene and Springfield was' subject to property taxes, and thereforaa GO <br />bond credit is included in the methodology..The credit is equal to the present value of past <br />payments on bond principal, expressed in dollars per $1,000 of assessed valuation. The <br />credit shall accrue from the year of annexation, and be b~sed upon the assessed value of the <br />real property at the time of application for connection to the system. <br />