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Total lot assessment: $ 0.065/square foot of total lot <br />The preliminary total lot assessment included an estimate of the costs for treatment plant <br />reimbursement for the capital costs the City bnanced to provide necessary capacity to <br />serve River RoadlSanta Clara. These costs were paid for through City property taxes for <br />bonds that were issued to i~inance the plant improvement. A final determination of the <br />reimbursement costs was established by the Metropolitan '~astewater Management <br />Commission ~MwMC) as a regional SDC. The City Council adopted it in January 1991 <br />and included it in the revised SDC, code section effective July 1991. <br />ante the 199 bids were opened and the Intergovernmental agreement was in place and <br />the local and M~VMC SDC charges were adopted, the estimates were based on the <br />following casts: ' <br />Sanitary sewer lateral: $ 0.233/square foot of area w/in 160' <br />Sanitary sewer service: $ 860.0%ach <br />Local SDC: $ 0.025/square foot of total lot <br />Regional SDC: $ 222.00/single family dwelling <br />FINANCING <br />All properties to be assessed will be eligible for 10-year assessment financing. Low <br />income deferral programs are also available for those property owners that qualify. <br />qualification will be determined at the signing the financing application. <br />CURRENT ISSUES AND PUBLIC G <br />A public hearing regarding these assessments was held on February 12,1992, at 6:30 <br />p.m., in the McNutt Room of the City Hall Complex. Hearings Qf~cial Jack A. Billings <br />presided. Prior to the public hearing, the Hearings afbcial received from the City <br />Engineer a Memorandum outlining the above information. Minutes from the public <br />hearing are attached hereto as Exhibit "1". <br />In addition to the Memorandum and the public hearing, the Hearings afhcial has also <br />received responses to some particular questions on specific properties from Les Lyle, City <br />Engineer. The Hearings Official also personally observed a couple of the properties <br />which are disputed. <br />1. Vacant Properties. <br />An issue for several properties is whether or not they are 'vacant". If the property <br />_3_ <br />