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.Page 1: [1] Deleted darmstrong 4/30/30048:30 AM <br /> APPENDIX ~~B" <br /> EUGENE-SPRINGFIELD METROPOLITAN <br /> SEWERAGE FINANCING CRITERIA <br /> The Commission shall finance its functions as follows: <br /> The non-federal share of capital costs associated with the implementation of the sewerage master plan set forth in <br /> Appendix "A"shall be financed by a capital construction bond authorization. <br /> ~ The capital construction bond shall be authorized by a district-wide bond election through the use of a County <br /> Service District. Bonds sold shall be repaid by a uniform district-wide tax. The Governing Bodies agree specifically that <br /> the County Service District shall be authorized and established to provide regional sewerage facilities by contracting with <br /> <br /> j the Commission to construct, maintain and operate such facilities as set forth in the Agreement. <br /> Bond sale proceeds may also be advanced to the Commission to provide interim financing of the federal share of <br /> such capital costs when an Environmental Protection Agency grant has been awarded to the Commission to cover such <br /> costs; the work associated with such costs has been completed and payment to the contractor therefor has been <br /> approved by the Commission; a request for reimbursement of the federal share of such costs has been submitted to the <br /> Environmental Protection Agency and timely payment to the Commission's construction contractor would be prevented <br /> due to a temporary delay in the availability of federal funds. <br /> Administrative, operational and maintenance expenses related to regional sewerage facilities shall be financed through a <br /> uniform district-wide monthly fee to be levied on all users. - <br /> C. Outstanding bonded indebtedness for existing facilities of the City of Eugene and Springfield described in <br /> Appendix "A" shall continue to be amortized by the respective cities. The Commission shall provide funds to one or both <br /> cities for retiring bonds in order to establish equality between all users of the regional sewerage facilities. At such time as <br /> the outstanding bonded indebtedness of the cities for existing facilities is satisfied, and equality is established, the <br /> ownership of such facilities shall revert to the Commission. <br /> D. Connection fees, considering different types of usage, shall be levied on all new service connections following <br /> the date specified in the detailed financial plan developed by the Commission. The fee will be calculated annually and will <br /> be based upon obtaining equality between the newly connected users and the previously connected users for their total <br /> contributions toward the regional treatment facilities. Revenue from the fee shall be used in the manner provided in the <br /> detailed financial plan developed by the Commission. <br /> Appendix "B" -Page 1 <br /> E. If current users are outside the taxing boundaries of the County Service District, each shall pay, through a <br /> user charge or other method, amounts equivalent to that paid by properties within the taxing district for the regional <br /> sewerage system. <br /> F. Connection fees, as previously described in "D", for the regional sewerage facilities shall be charged <br /> uniformly throughout the service area. <br /> The Commission may develop other revenue generating techniques with approval of the Governing Bodies. <br /> excess revenue generated from fees shall be used to pay expenses and debts of the Commission. In addition, with the <br /> approval of the Governing Bodies, the Commission may use excess revenues to establish a reconstruction fund. The <br /> Commission shall develop and implement the fee system as soon as practical. The fee structure, anticipated revenues and <br /> estimated expenses for the 20 year design life of the regional sewerage facilities shall be adopted by the Commission as <br /> the financial plan. <br /> _ <br /> <br />