Title
TO AMEND CHAPTER 928, SEWER DISTRICTS GENERALLY, OF THE CODIFIED ORDINANCES OF GAHANNA; TO PROVIDE A DOLLAR CERTAIN PER ACRE FOR CONSTRUCTION; TO CREATE "TRIANGLE WEST SEWER DISTRICT."
Body
WHEREAS, a sizable number of parcels have been grouped into a project known as the triangle north area and certain parcels to the south; and
WHEREAS, the area is unsewered and will require sanitary sewer service for continued development; however, interest is being expressed in the western 66 acres of this district; and
WHEREAS, a new district "Triangle West Sewer District" needs to be created with its own terms, conditions and fees; individual developments cannot feasibly extend sanitary sewer service to this district;
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 Generally, 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 NEW EXHIBIT B, with both exhibits attached to the original Ordinance No. 216-97.
a) Fees.
The properties enclosed by the boundaries of the herein EXHIBIT A and NEW EXHIBIT B 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 8%. Engineering economical analysis, assuming seven equal payments, yields a factor of 1.3447. Th...
Click here for full text