Annexation Phase IVA

Map of Phase IVA: Tiffany Pines, Warrenwood, Rollingwood, Pleasant Acres, and Adjoining Development

Cost to Property Owners and Financing

• Actual Estimated Sanitary Sewer Cost: Average of $9,672 per lot
• Actual Estimated Water Cost: Average of $5,879 per lot
• PWC Assessment Recommendation of $3,500 for single family residential sanitary sewer service
• PWC Assessment Recommendation of $2,650 for single family residential water service
• Assessments include main and lateral charge
• Does not include plumber’s charge
• Does not include facility investment fee

For non-single family residential lots, the assessment will be computed on a per front foot rate with a 90’ minimum estimated at $32.78 plus the appropriate lateral for sanitary sewer with water estimated at $25 per linear foot plus appropriate lateral.

Limited financial assistance available for those who qualify.

Method of Payment

Where sanitary sewer collection systems are being installed, a portion of the cost may be assessed to the benefited property owners. This is basically a means for the property owner to finance their cost of the utility improvements over an extended period of time. PWC will consider receiving payments on a monthly basis if so requested. The only properties to be assessed are those where the sanitary sewer collection mains and/or water distribution mains are actually installed.

PAYMENT SCHEDULE BASED ON AN 3.97% INTEREST RATE OVER A 10 YEAR PAYMENT PERIOD

Utility	Assessed Amount	Interest	Period	Monthly Installment
Sanitary Sewer	$3,500	3.97%	10 years	$35.39
Water	$2,650	3.97%	10 years	$26.79

Note: All cost figures, interest rates, payment schedules, and related information are provided as an example based on staff estimates and are, therefore, subject to change. This example is for a typical residential platted lot. For undeveloped residential tracts or commercial property, the assessment will be computed on an individual basis using front footage for the main charge and the appropriate lateral charge.

Proposed Charges

Notes: For all non-single family residential lots, assessments will be established on a case-by-case basis based on front footage with a 90’ minimum. Laterals larger than minimum stated will be assessed PWC’s standard charges.

The charges and cost as outlined above are based on anticipated fees, charges, and rates which are subject to change. Actual cost will be computed at the time application for service is made.

Contacts

The City and PWC would like to take this opportunity to welcome you as a resident of the City of Fayetteville and as our new customers. If you have any questions pertaining to the proposed construction project, availability of utilities, connection charges or the incentive package, please refer to the following departments:

• Water Resources Department: 223-4730 for questions pertaining to availability of service and annexation project
• Finance Division: 223-4106 for questions pertaining to payment options
• Finance Division: 223-4106 for questions pertaining to payment options
• Special Projects Department: 223-4340 for questions pertaining to annexation project in general
• Citizen’s Inquiry Line: 483-1382 after construction is underway