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File #: 21-0748    Version: 1 Name: 6/7/21 Resolution Authorizing Sanitary Sewer Capital Recovery Charges for 4 Maple Village Ct. ($5,982.00)
Type: Resolution Status: Passed
File created: 6/7/2021 In control: City Council
On agenda: 6/7/2021 Final action: 6/7/2021
Enactment date: 6/7/2021 Enactment #: R-21-199
Title: Resolution Authorizing Sanitary Sewer Capital Recovery Charges for 4 Maple Village Ct. ($5,982.00)
Title
Resolution Authorizing Sanitary Sewer Capital Recovery Charges for 4 Maple Village Ct. ($5,982.00)
Memorandum
Your approval is requested to levy sanitary sewer capital recovery charges totaling $5,982.00 on the property known as 4 Maple Village Ct.

City of Ann Arbor Code section 1:278, Chapter 12, requires the property owner to pay the property's share of the existing utilities through the City Capital Recovery charge. The $5,982.00 Sanitary Sewer Capital Recovery Charge is to be levied and then made payable in 5 annual installments and will accrue interest at 3.06468% per annum on the unpaid balance.

The sanitary sewer main was constructed as part of a private development project in 2016, making the parcel eligible for the City's credit-based Capital Cost Recovery Charge.

It is therefore recommended that Council levy this capital recovery charge according to the terms described above.
Staff
Prepared by: Michael J. Pettigrew, City Treasurer
Reviewed by: Marti Praschan, CFO and Financial Services Area Administrator
Approved by: Tom Crawford, City Administrator
Body
Whereas, This parcel is a part of private development project that constructed its own sanitary sewer main in 2016 located in N. Maple Road, making the parcel eligible for the City's credit-based Capital Cost Recovery Charge;

Whereas, The owner of the real property commonly referred to as 4 Maple Village Ct. (which has a Parcel ID No. 09-08-24-107-016) connected to that Sanitary Sewer Main on or about April 13, 2021;

Whereas, Pursuant to Chapter 28 (Section 2.42.4) of the City Code, a property that newly connects to the City's Sanitary Sewer System is required to pay a Sanitary Sewer Capital Recovery Charge in accordance with the Code;

Whereas, The net (and total) Sanitary Sewer Capital Recovery Charge for such connection, calculated as set forth per Section 2.42.4(3) of Chapter 28 of City Code, is $5,982.00; and

Whereas, Pursuant to Section 1:278, Chapter 12, of the Code of the ...

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