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RESOLUTION R-1415-107: A RESOLUTION OF THE TRUSTEES OF THE NORMAN UTILITIES AUTHORITY AND THE COUNCIL OF THE CITY OF NORMAN, OKLAHOMA, TRANSFERRING REMAINING SEWER SALES TAX PROCEEDS INTO THE PHASE 2 WATER RECLAMATION FACILITY CONSTRUCTION PROJECT AND CLOSING THE SEWER SALES TAX FUND.
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BACKGROUND: The Wastewater Master Plan (WWMP), adopted by the Norman Utilities Authority (NUA) in 2001 recommended, among other projects, that facilities treating an average daily design flow (ADF) of 21.5 million gallons per day (MGD) would ultimately be needed to serve the area approved for urban development under the 2025 Land Use and Transportation Plan. The WWMP recommended expansion of the South Water Reclamation Facility (WRF) from 12 to 17 MGD and construction of a new North WRF with an ultimate ADF of 4.5 MGD.
In August 2001, the citizens of Norman approved implementation of the following mechanisms to fund the implementation of the WWMP:
1. Sewer Maintenance Rate (accounted for in the Sewer Maintenance Fund 321, or "SMF"): implementation of a $5 per month fee to fund an upgraded sewer collection system maintenance and rehabilitation program;
2. Sewer Excise Tax on New Development (accounted for in the Sewer Excise Tax Fund 322, or "SET"): implementation of an excise tax to fund future wastewater system needs resulting from new residential and commercial development as follows:
a. a residential SET totaling $850 for new homes up to 1,200 square feet (SF) in area plus an additional $2 per square foot for homes in excess of 1,200 SF; and
b. a non-residential SET of $115 per new full time employee generating 30 gallons of wastewater per day or $4 per gallon per day of wastewater generated.
3. Sewer Sales Tax (accounted for in the Sewer Sales Tax Fund 323, or "SST"): implementation of a 5-year, one-half percent sewer sales tax to fund existing and obligated wastewater system capital needs;
Since implementation of these funding mechanism...
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