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TO AMEND SECTION 928.02, TRIANGLE NORTH SANITARY SEWER DISTRICT, OF CHAPTER 928, SEWER DISTRICTS, OF THE CODIFIED ORDINANCES OF GAHANNA, TO SET FORTH A SPECIFIC FEE IN THE CODE.
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WHEREAS, it is always desirable to keep continuity to the sections of our Codified Ordinances; and
WHEREAS, the fees for the Triangle North Sanitary Sewer District are presently presented in form of percentages and factors;
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF GAHANNA, STATE OF OHIO:
Section 1. That Section 928.02, Triangle North Sanitary Sewer District, of Chapter 928, Sewer Districts of the Codified Ordinances of Gahanna, is hereby amended as follows:
928.02 TRIANGLE NORTH SANITARY SEWER DISTRICT.
There is hereby created an area known as the Triangle North Sanitary Sewer District for the purpose of constructing a sub trunk sewer to serve the district, and to recover the cost of said sewer by means of a per acre fee, as described herein, with said Triangle North Sanitary Sewer District more particularly described in Exhibit A and map as shown on Exhibit B, with both exhibits attached to the original Ordinance 216-97, passed October 21, 1997.
(a) Fees. The properties enclosed by the boundaries of Exhibits A and B of original Ordinance 216-97, passed October 21, 1997, which connect to the sub trunk sewer or tributaries and are developed in a commercial zoning, a multi-family zoning, or are platted subdivisions shall be assessed an acreage fee. This fee shall be based on the actual cost of the sewer finances over a seven-year period with an interest rate of eight percent ( 8%). Engineering economical analysis, assuming seven equal payments, yields a factor of 1.3447. The capital recovery cost calculated is to be divided by the 142 acres in this district. . THE FEES THUS CALCULATED ARE HEREBY SET AT FOUR THOUSAND FOUR HUNDED THIRTY-SEVEN DOLLARS ($4,437). Fees are to be paid upon acceptance of connecting sewer or connection of service.
(b) Waivers. The sub trunk footage fee defined in Section 921.05(b) shall be waived for properties connecting to the North Triangle sub trunk Sewer.
(c) Exceptions.
(1) Existing single family residences of land zoned in the ER-1 or ER-2 Districts are subject to the statutory front footage fees.
(2) Properties abating the sub trunk sewer may be exempted from the front footage fees as required in Section 921.05(a) in exchange for granting of easements for said sewer.
(3) Exempted properties shall be subject to the fee if rezoned or redeveloped as specified herein.
(Ord. 216-97. Passed 10-21-97.)
Section 2. That existing Section 928. 02, Triangle North Sanitary Sewer District, or any ordinances or parts of ordinances in conflict herewith, are hereby repealed.
Section 3. That this ordinance shall be in full force and effect at the earliest period allowed by law.