Friday, 09 March 2012 05:40

Plymouth-Reeder pact includes $370,000 for water pipeline

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slide1-plymouth-reeder_pact_includes_370000_for_water_pipeline.pngAmador County – A pair of Plymouth-Reeder Sutherland Development Agreements to be released Thursday will include $370,000 for water impacts and another fee of $1,900 per single family home for jail impact fees as designed by the Amador County nexus study.

City Manager Jeff Gardner said the eight-year project all along has had the county jail fees as its jail impact fee. Reeder Sutherland President Bob Reeder, and JTS Properties’ Rob Aragon worked with Amador County to revise the jail nexus fee, which dropped from $3,500 dollars per single family home to $1,886. The jail nexus was reconfigured after Amador County purchased the 201-acre former Wicklow Way Subdivision property in Martell at auction for $1.48 million dollars.

The Development Agreements are for Reeder’s Zinfandel and Shenandoah Ridge residential developments and were released Thursday (March 8), prior to a March 14 public hearing by the Plymouth City Council. The agreements will include $370,000 for water impacts, and the current county jail nexus fee, as adopted by Supervisors. Gardner said Reeder agreed to the jail fee early in the planning stage of his projects. Gardner said the county jail nexus fee is in the Development Agreement, even though Plymouth City Council has yet to adopt the jail impact fee within the city.

Plymouth City Council last September discussed the payments from Reeder Sutherland to offset impacts on the city’s water system, which would pay toward the city’s new water pipeline, dedicated Nov. 2, 2009, which connects Plymouth with the Amador Water Agency’s Mokelumne River water supply. Gardner said Wednesday that the $370,000 is still in the Development Agreement, for Reeder’s share.

Reeder agreed in the draft Development Agreement to pay $74,000 a year for five years to make the water fund whole and offset the city’s debt service payments so Plymouth doesn’t have to raise its water fees.

In the draft agreement, Reeder would make two payments per year to be paid one month before the city has to pay its debt service payment for the pipeline. The debt payments are $176,000 a year, but in six or seven years, will go down by about $16,000, when a 10 percent “debt service reserve” portion of the payment accumulates enough money to make a year of payments on the plan, as required by USDA.

Gardner in September said the payments were something Reeder and the city have been discussing for a long time, and if they were not part of the Development Agreements, the city would “immediately look at moving forward with another rate increase.”

The public hearing on the Development Agreements is 6:30 p.m. Wednesday, March 14 in Plymouth City Hall.

Story by Jim Reece This email address is being protected from spambots. You need JavaScript enabled to view it.

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