Showing posts with label Kuna local improvement district. Show all posts
Showing posts with label Kuna local improvement district. Show all posts

Tuesday, December 29, 2009

Kuna City Council members offer some relief to LID landowners

Kuna City Council members voted Tuesday night to ease the financial burden to the landowners participating in the local improvement district that’s funding the wastewater treatment plant.
Acknowledging that the new facility is oversized beyond service to the 2,700 acres of land in the LID, council members agreed to drop the price attributed to the LID and agreed to have the city pick up the remaining cost.
“We’ve discussed a balanced approach that helps the LID owners but also, unfortunately, puts a little bit of the burden on the city and a burden on the community,” council member Lisa Bachman said. “But given the way things have turned out, we didn’t have much choice.”
Based on preliminary assessment notices sent out in October, LID landowners are on the hook for about $27.4 million in construction costs for the sewer plant, which is in operation now near the southeast corner of Lake Hazel and Ten Mile roads.
Based on that assessment, a sewer connection costs $3,205.18. A landowner with 35 acres in the LID, for example, has a benefit of 105 sewer connections and an assessment of $336,543.90.
Under the new scenario approved Tuesday night, though, LID landowners are on the hook for only $25.3 million in construction costs. With that price tag, the 8,353 sewer connections promised in the LID would cost $3,028 each. So, for example, the landowner with 35 acres in the LID, would now be on the hook for $317,940.
The city also agreed to remove two pieces of property from the assessment roll totaling 253 sewer connections, dropping the total number of sewer connections to 8,100.
In the end, the city would need to make up the difference owed to the banks, which totals $2.8 million.
A revenue bond or judicial confirmation are two of the options for the city to come up with the money, Kuna Mayor Scott Dowdy said after the meeting Tuesday night.

You can read more of this story in this week's Kuna Melba News.

Wednesday, November 18, 2009

Kuna LID protest hearings turn up some (scary) revelations

Kuna City Council members are expected to make a ruling or rulings in the next couple of weeks regarding the protest hearings held last week about the local improvement district that is funding the $27 million wastewater treatment plant.
City staff members are putting together their evaluations of the individual protests as well as the larger, overarching legal issues surrounding the LID itself. Primarily, that analysis is of a legal nature but also involves technical considerations of certain specific properties and their encumbrances from the LID. It appears that City Council might make a ruling at its regular meeting on Tuesday, Dec. 15, but nothing has been scheduled yet.
One of the biggest shocks of last week's protest hearings, for me, came when one landowner said he needed more information from the city in order to make a business decision about what to pay or even whether to pay. He cited a clause in the city’s assessment notice that reads, “the city may increase any assessment or assessments up to twenty percent (20%) of the original amount thereof without giving further notice and without holding a new hearing.”
He drew blank stares from council members Lisa Bachman and Jeff Lang, who apparently had no idea what he was talking about.
Yikes. Either they didn’t get a copy of the six-paragraph assessment notice or they didn’t read it closely, or they didn’t read it the two times it ran in the Kuna Melba News, even though the notice is signed, “By order of the City Council.”
It’s scary that the decision makers aren’t paying very close attention to the biggest issue facing the city in probably decades.
They’d better start paying attention, because I can guarantee you everyone else is paying close attention — especially the banks’ lawyers who attended last week’s hearings.

You can read more of this editorial in this week's Kuna Melba News.