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Tiffany Pines, Warrenwood, Rollingwood, Pleasant Acres,
and Adjoining Development
Cost
to Property Owners and Financing
-
Actual
Estimated Sanitary Sewer Cost: Average of $9,672 per lot
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Actual
Estimated Water Cost: Average of $5,879 per lot
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PWC
Assessment Recommendation of $3,500 for single family residential
sanitary sewer service
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PWC
Assessment Recommendation of $2,650 for single family residential
water service
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Assessments
include main and lateral charge
-
Does
not include plumbers charge
-
Does
not include facility investment fee
For
non-single family residential lots, the assessment will be computed
on a per front foot rate with a 90 minimum estimated at $32.78
plus the appropriate lateral for sanitary sewer with water estimated
at $25 per linear foot plus appropriate lateral.
Limited
financial assistance available for those who qualify
Method
of Payment
Where sanitary sewer collection systems are being installed, a portion
of the cost may be assessed to the benefited property owners. This is
basically a means for the property owner to finance their cost of the
utility improvements over an extended period of time. PWC will consider
receiving payments on a monthly basis if so requested. The only properties
to be assessed are those where the sanitary sewer collection mains and/or
water distribution mains are actually installed. If the property owner
does not connect prior to Apr. 15, 2003, the FIF will have to be paid
at the time application for service is made.
PAYMENT
SCHEDULE BASED ON AN 3.97% INTEREST RATE OVER A 10 YEAR PAYMENT PERIOD
|
UTILITY
|
ASSESSED
AMOUNT |
INTEREST
|
PERIOD
|
MONTHLY
INSTALLMENT |
| Sanitary
Sewer |
$3,500 |
3.97% |
10
years |
$35.39 |
| Water |
$2,650 |
3.97% |
10
years |
$26.79 |
Note: All cost figures, interest rates, payment schedules, FIFs, and
related information are provided as an example based on staff estimates
and are, therefore, subject to change. This example is for a typical
residential platted lot. For undeveloped residential tracts or commercial
property, the assessment will be computed on an individual basis using
front footage for the main charge and the appropriate lateral charge.
Proposed Charges
Notes: PWC will waive the Facility Investment Fee for property
owners making application for service before Apr. 15, 2003.
For
all non-single family residential lots, assessments will be established
on a case-by-case basis based on front footage with a 90 minimum.
Laterals larger than minimum stated will be assessed PWCs standard
charges.
The
charges and cost as outlined above are based on anticipated fees, charges,
and rates which are subject to change. Actual cost will be computed
at the time application for service is made.
Contacts
The City and PWC would like to take this opportunity to welcome you
as a resident of the City of Fayetteville and as our new customers.
If you have any questions pertaining to the proposed construction project,
availability of utilities, connection charges or the incentive package,
please refer to the following departments:
Water Resources Department: 223-4730
for questions pertaining to availability of service and annexation project
Finance Division: 223-4106 for
questions pertaining to payment options
Special Projects Department: 223-4340
for questions pertaining to annexation project in general
Citizens Inquiry Line:
483-1382 after construction is underway
Click
here to print a form for submitting your comments or concerns about
this project
Phase IIIB | Phase
IVB | Future Annexations | Annexation
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