TITLE: Title
Stormwater Rate Structure and Interlocal Billing Agreement
PURPOSE: The purpose of this item is for the Board to consider adoption of the draft stormwater utility rate structure and an interlocal agreement for billing to collect the stormwater utility fees.
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DEPARTMENT: Public Works
CONTACT INFORMATION: Randy Dodd, Stormwater Utility Manager, 919 918-7341; Bob Hornik, Town Attorney (919) 929-3905; Nick Herman, Town Attorney, (919) 630-1204
INFORMATION: On May 15th, 2018, the Board of Aldermen held a Public Hearing on a draft stormwater utility rate structure. This agenda item is a follow up to the Public Hearing to allow the Board to consider adopting the rate structure. Given the recommended direction of having the County bill for the service charges on annual property tax bills and the associated timing, the Board will need to adopt the rate structure and authorize the Town Manager to execute an interlocal agreement for the billing if the draft stormwater service charges are to be collected in the property tax bills sent out this summer. A resolution recommending establishment of the rate structure (Attachment A); a draft interlocal agreement for billing with Orange County (Attachment B); and a resolution authorizing the Manager to execute the interlocal agreement (Attachment C) are provided. Additional/previous materials regarding the consideration of the draft rate structure are available at these links:
March 12th work session
March 27th meeting setting Public Hearing
May 15th Public Hearing
Town stormwater web page
FISCAL & STAFF IMPACT: Establishing the rate structure is estimated to result in $805k of dedicated annual revenue for the Stormwater Utility's infrastructure, planning, community, field, and administrative services. The interlocal agreement includes a 3% of revenue collected fee for the billing service.
RECOMMENDATION:r It is recommended that the Board approve the resolutions establishing the dra...
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