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HomeMy WebLinkAbout23-Water Department . . CI. OF SAN BERNARDIe> - REQU~ FOR COUNCIL From: Ralph H. Prince Subject: Repurchase of Sewer Capac i ty Rights Dept: City Attorney Date: June 26, 1986 Synopsis of Previous Council action: 6/16/86 Mayor and Common Council adopted Resolution 86-250 establishing guidelines for repurchase by the Board of Water Commissioners of sewer capacity rights, leaving the time period that the applicants must agree to use the sewer capacity rights blank. Recommended motion: Adopt resolution. a' ' II/"? If' I.<.~ - /,.,' ',: ,..;~.;:t.dY '- . .,,-. '- ...~ ~ignature Contact person: Bernie Kersey Phone: 5393 N/I'. Supporting data attached: Yes Ward: FUNDING REOUIREMENTS: Amount: None Source: NIl'. Finance: Council Notes: 75-0262 Agenda Item N~ '1 . 1 RESOLUTION NO. .i I . . . . 2 RESOLUTION OF THE CITY OF SAN BERNARDINO AMENDING RESOLUTION NO. 86-250 ENTITLED IN PART "RESOLUTION . . . ESTABLISHING 3 GUIDELINES FOR REPURCHASE BY THE BOARD OF WATER COMMISSIONERS OF SEWER CAPACITY RIGHTS. . .", AND PROVIDING THAT APPLICANTS MUST 4 AGREE TO USE THE SEWER CAPACITY RIGHTS WITHIN SIX MONTHS OF PURCHASE. 5 BE IT RESOLVED BY THE MAYOR AND COMMON COUNCIL OF THE CITY OF 6 SAN BERNARDINO AS FOLLOWS: 7 SECTION 1. Resolution No. 86-260 Section 1 is hereby amended 8 to read: 9 "SECTION 1. The Mayor and Common Council hereby establish 10 the following guidelines which shall be adhered to in the 11 repurchase of sewer capacity rights by the Board of Water 12 commissioners from private holders. This program is necessary to 13 provide some inducement to present holders to turn in their 14 rights. It is also necessary to discourage holders from tying up 15 rights for projects which may not be built for two years. 16 A. The Board will offer to buy back unused sewer capacity 17 rights from original holders at a price of $1620.00. 18 B. The Board will, in turn, resell these sewer capacity 19 rights to new applicants for $2260.00. 20 C. New applicants shall be subject to all terms and 21 conditions, other than price, set forth in Resolution Nos. 84-271 22 and 84-530. 23 D. As a condition of resale, the original holders shall have 24 the right to buy back sewer capacity rights from the Board at a 25 price of $1620.00 no sooner than October 1, 1987, and no later 26 than December 31, 1989. 27 E. As a requirement of the purchase agreement, new 28 applicants must agree to use the sewer capacity rights within six . . . . . . 1 months of purchase. Use shall be defined as assignment of sewer 2 capacity rights to the appropriate jurisdiction for use and 3 building(s) construction commencing within six months of purchase 4 date. Any sewer capacity rights which are not used timely will 5 revert to the City, and the City will refund the sum of $2000.00." 6 I HEREBY CERTIFY that the foregoing resolution was duly 7 adopted by the Mayor and Common Council of the City of San 8 Bernardino at a meeting thereof, held on 9 the day of , 1986, by the following vote, 10 to wit: 11 12 AYES: Council Members 13 NAYS: 14 ABSENT: 15 16 17 City Clerk The foregoing resolution is hereby approved this day 18 of , 1986. 19 20 Mayor of the City of San Bernardino 21 Approved as to form: :: ~~~~ 24 25 26 27 28 -2-