Cape Coral Water Sewer Project (UEP) for Southwest 6 & 7…
Released by the City of Cape Coral:
On Wednesday, July 24, 2013, City Council approved the Initial Assessment Resolutions for Southwest 6 & 7 potable water, wastewater and irrigation. The assessment cost for the three utilities (water, sewer, irrigation) is $10,007.51 for the typical, two-lot site (10,000 square feet). This is the lowest assessment cost since the City resumed utilities expansion in the southwest Cape in 2002, and is the lowest for all projects when compared to today’s dollar. The Initial Prepayment Period for the assessment will be from August 22, 2013 thru October 31, 2013. After that time, customers can still take advantage of the Adjusted Prepayment, which will be accepted from November 1, 2013 thru July 31, 2014. The Adjusted Prepayment Amount is slightly higher, as it does include some financing costs.
The Adjusted Prepayment Amounts for a standard 10,000 square foot lot site are $10,424.15.
In addition to the assessment, there is a $6,750 Capital Facility Expansion Charge. This fee contributes to the costs associated with expanding the water and sewer plants. During the prepayment period, a 20% discount is being offered on this fee, bringing the amount to $5,400. The prepayment period for the Capital Facility Expansion Charge will be from August 22, 2013 thru July 31, 2014.
Information packets will be sent to all property owners detailing the assessment costs, payment options and other financing questions. The public hearing on the final assessment resolution is scheduled for Wednesday, August 21 at 4:30 p.m. in Council Chambers. The city also intends to hold two neighborhood meetings for SW6&7 property owners at 4:00pm and 7:00pm on September 12, 2013 at City Hall. Property owners will receive a postcard mailing notifying them of the neighborhood meeting. There will be a brief presentation on the construction and timeline, and representatives from Customer Billing Services will be on hand to discuss payment options, and financing.
Once the final resolution is approved on August 21, the City will try to upload the accounts as quickly as possible, so the assessment amounts will be available thru the city’s website. The city has also begun accepting hold harmless agreements for any new construction in this assessment area. The hold harmless form needs to be signed by the property owner(s). By signing the form, the property owner is agreeing to wait for city utilities, thus the CO could be delayed. The property owner can also refuse the hold harmless (refuse and sign) and by refusing, the owner is acknowledging that despite the fact the city is in the process of installing municipal utilities, they are opting to incur the cost of the well and/or septic, and understand it may only be a short period of time before they will be required to connect to municipal utilities and abandon the septic system.