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HomeMy WebLinkAboutSewer and Water Fee Deferral ProgramSewer and Water Fee Deferral Program Policy City of Prior Lake, Minnesota Adopted February 11, 2013 Sections I through VII of this document govern the use of two programs, including the Metropolitan Council’s “SAC Deferral Program” for certain sewer fees (“Regional Program”) and the City of Prior Lake’s “Payment of Permit Fees” for certain sewer and water fees (“Local Program”). Hereinafter, the City of Prior Lake is referred to as the “City”. SECTION I - PURPOSE. The purpose of this policy is to establish procedures to regulate, coordinate, and facilitate the approval of certain sewer and water fee deferrals for eligible businesses or properties. Eligible businesses or properties can apply for the deferral of a portion of one or more sewer/water fees, including: 1.Metropolitan Council Sewer Availability Charge (SAC) – Regional Program sewer fee; 2.Prior Lake Sewer Connection Charge – Local Program sewer fee; 3.Prior Lake Water Connection Charge – Local Program water fee; and 4.Prior Lake Water Tower Charge – Local Program water fee. For any SAC deferral between a minimum of three (3) and a maximum of ten (10) units, this policy provides for more consistency between the Regional Program and the Local Program related to eligibility, terms and conditions. The 3-unit minimum and the 10-unit maximum are determined before application of any credits on the site. The Local Program also allows anyone to apply for a deferral of sewer/water fees when the SAC determination is greater than ten (10) units, before application of any credits on the site. SECTION II - AUTHORIZATION AND FUNDING SOURCES On November 28, 2012 (based on Minnesota Statutes 473.517, Subd. 6), the Metropolitan Council adopted changes to its SAC program to include a small business deferral program. The Regional Program became effective on January 1, 2013, which allows a deferment of SAC fees up to ten (10) years at a low annual interest rate based on Metropolitan Council Environmental Services’ (MCES) average cost of debt per statute and applied to all new deferrals originating in that particular year. Prior Lake City Code Sections 704.500 and 705.600 allow any business or property owner who qualifies to defer a portion the City’s water and sewer fees. These Sections are to be amended into two (2) categories, including: 1.“Local Program A” allows eligible small businesses or property owners to apply for a City sewer/water fee deferment for SAC unit determinations between three (3) gross units and ten (10) gross units to match the terms and conditions of the Regional Program. 2.“Local Program B” allows any business or property owner to apply for a City sewer/water fee deferment for SAC unit determinations above ten (10) gross units, before credits are applied. Note: The Regional Program is not available for businesses or property owners that are eligible for Local Program B. Funding for the Local Program is delegated to the Prior Lake Economic Development Authority (EDA). Funding for the Regional Program is not required due to the Metropolitan Council’s deferral of its City of Prior Lake Sewer and Water Fee Deferral Program 1 revenue for up to ten (10) years. The EDA will provide the Local Program deferred fund amounts to the corresponding Sewer, Water and Water Storage Funds for each approved deferment. The EDA will then be responsible for collecting all Local Program deferred funds from the business or property participating in the Local Program. SECTION III - PROGRAM OBJECTIVE The Metropolitan Council’s stated objective is to encourage and help communities promote small business development by deferring SAC payment obligations. The City of Prior Lake has an objective in its 2030 Comprehensive Plan to encourage a diversified economic base and a broad range of employment opportunities. SECTION IV - ELIGIBILITY For the Regional Program and Local Program A, an eligible applicant is a “small business” as defined in a Master SAC Deferral Agreement between Prior Lake and the Metropolitan Council. Small business means a property or business for which the aggregate SAC determination by the Metropolitan Council results in a liability of ten (10) SAC units or less, before application of any credits available on the site. For the Regional Program and Local Program A, the City has chosen to also exclude small businesses that have a SAC unit determination less than three (3), before application of any credits available on the site. For Local Program B, any business or property owner is eligible to apply if they have a SAC determination resulting in over ten (10) units, before application of any credits available on the site. SECTION V - DEFERRAL STRUCTURE The structure of the Regional and Local Program deferrals include the following provisions: 1.The deferral amount can equal up to eighty percent (80%) of the total sewer and/or water fees due. 2.The deferment term is five (5) years. 3.Each deferment liability will be effective the first day of the subsequent month (e.g., for an April building permit that is due and typically reported in May, interest will begin accruing June 1). 4.Interest for the Regional Program and Local Program A is determined using the Metropolitan Council’s SAC Deferral Program rate, which is determined annually and set for the deferment period. Interest is amortized over the term of the deferment period using whole months. 5.Interest for Local Program B is determined using a rate of two (2) percentage points higher than the net interest cost of the most recent bonds sold by the City. 6.For the Regional Program, payments are made by the business or property owner to the City using a city automated system; a late payment fee of two percent (2%) of the unpaid amount will be charged upon ten (10) days past due, subject to written notice by the City. 7.For the Local Program, payments are made by the business or property owner to the EDA using a city automated system; a late payment fee of two percent (2%) of the unpaid amount will be charged upon ten (10) days past due, subject to written notice by the EDA. 8.In the event of a default of payment that is at least sixty (60) days past due, the City or EDA shall assess the unpaid balance upon the fee owner’s property taxes the following taxable year subject to the same interest rate applied to the deferred amount. The fee property owner shall sign a waiver of notice of hearing of assessment at the time of application. At the discretion of the City, the City may terminate any amount due related to assessments for the Regional Program, resulting in a SAC unit credit for only the amount paid by the small business or property. City of Prior Lake Sewer and Water Fee Deferral Program 2 9.A “Payment Agreement” will be executed between the eligible business, the fee property owner, and the City stating all conditions and requirements of the parties for the Regional and Local Programs. This document shall be recorded. SECTION VI - INELIGIBLE CONDITIONS The following conditions create ineligibility for a business or property to apply for the Regional or Local Programs: 1.The fee owner’s property taxes are delinquent. 2.The business is not in good standing with the State of Minnesota, or is in violation of a Prior Lake City Code. 3.The SAC determination (before credits) is less than three (3) units. 4.The small business does not meet the definition of eligible commercial properties in the Metropolitan Council’s SAC Deferral Program (for the Regional Program and Local Program A). 5.The property is not located within the City of Prior Lake. 6.The property is located on tribal lands. SECTION VII - ADMINISTRATION The City of Prior Lake is responsible for administering the Regional Program on behalf of the Metropolitan Council. Once the Master SAC Deferral Agreement has been executed by the City and the Metropolitan Council, the City is responsible for all loan deferral collections from the eligible small business or properties participating in the Regional Program. The City is responsible for making payments of the required SAC deferment amount, plus interest, to the Metropolitan Council on an annual basis. The Prior Lake EDA is responsible for administering the Local Program on behalf of the City. No administrative fees or charges are made in connection with the Regional or Local Programs. City of Prior Lake Sewer and Water Fee Deferral Program 3