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<br /> i r,¡p¡r'ovements fm- the ne:-:t S;f.~ver" a 1 ye¿ws. The amount o'f time for
<br /> complete LIse of thesE' "allocated" 7000 L.U.E. '5 ~'JOuld bE'
<br /> detE'I~iT'.i ned by the m¿u- ket and other'" f "'tctor-s, but basE~d on tr¡E'
<br /> City's pè:~st histat-y ¿md most ev€",r-yone 's mutual ëtgreE?ment, the
<br /> absorption time i ':; me::, t likely to be:' considerably more than 2 Ot-
<br /> :; '/ E?ar s. During this time, th¡:~) City could "resell" the cê:\paci tv
<br /> to de\/E)loper-s t-eacly to build but IAJi th no reser'ved capacity. This
<br /> s€?cond sE~ll i n9 of thri! capacity should include a surchan;Je, maybe
<br /> '-"-"" ¿ldjusted to encourage de",(eloper-s to pa!~ti ci pate in the
<br /> ..:.,....!/.,
<br /> initial r"c?serv¿~ti on of service for" long range planning. I"f the
<br /> City vJ¿Hlted to (õ~ncout- ¿;tge a pat-ti cu,l ¿U- type of development; such
<br /> as i ndustr- i al or single f aï:ú 1 y, the surchar"ge f or- these late
<br /> comet-So may be reduced to s¿-,\y, 10Z. 'T'J"'lese sLwchat"'ge::, \I'Joul d pay
<br /> feW' the Cit:y's ¿..dmi n i s'tt- "-"It i on costs or" jUGt be additional ,funds
<br /> available fDt- cost over- r' uns.
<br /> ThE:~ City ~'JOLll d be putting its;Edf in ë', 1"'1. s;ky JDsition by second
<br /> selling capacity, but this could be ¿~ mi ncw and control I !:.::d risk
<br /> by moni te¡""i ng (and cor:t~-oll i n9) -Future sUt-qG'S tht-ough it o~"¡n
<br /> zoning, pli::tting, and pt:?nni t P!'-'OCeSSE?S. H the Ci ty -:=;,i:tv that
<br /> pt?t-haps one half th t?! alloc":lted L.U.E.'s ~.Jet- e coining on line, "¡"
<br /> 1 -
<br /> could s'tar..t the necessary pt-OC(~SS€?'=õ f Ot- morE' f dC i 1 it i e'::;. If by
<br /> ct"lancE', e;.; i S,¡t i ng "r'"es:;¡:~i"'vG~d" capë:tci t'y v"J,,':S t-unning shor't ~dth
<br /> respE~ct to ne~'J 'Faci 1 i ti os coming on line, developers vJ:i. thout
<br /> set-vi C:E:~ '-('aser"'Vat ions would then bE? r' es tt- i c tc~~d. That. \.-'JOL¡l d be the
<br /> deVE?l c)pel~ ' s ri'sk of not l'"esËTvi ng Cr"p¿ici ty. The funds \.-'JOul d
<br /> al t-f.J¿:,dy bf,~ in pL;:\ce so thë'tt the C:i,ty could initiate these
<br /> activities as they deemed neces5Öou"y.
<br /> In SUïi'liYi¿tr' y, this ë'tl te¡'-nati 'Ie provi clE>s si mp 1 ~.:!t- solut ions f Ol~ m",lny
<br /> di.irfer'ent concerns.
<br /> 1. Thi-:=;- al tË~I~nati VE' puts t,he City in bettet- contr-'ol oi~
<br /> its C¿Hj¿ICi ty all oce..t i on proc(~ss arid el i mi nat~~<5 much o'f the
<br /> beauB.ct- B.C'}' requi n:::'cI fot- othf:!.'I~ ""I tel'-n¿~t :i, ves. The "ti er'" systr:::m"
<br /> could c:~Qate <:\ :õituation to i.',ih E':r e dE~vt."!l OpE':!'-::; {: £;!(:~ 1 like they ar-e
<br /> uf.::i nç-¡ pu~:,ht"d dc}>,,!:-) the "t i E"'~" , ]. os:!, nq cI (~\vs.'l op in(,:,\nt t-iqhts, ðnd
<br /> encDLlra,qe potE?nti i::11 acimi ni st:¿r.ti '.Ie, Hì¡::ln¿iget'"i .,,¡,1, ùnd 1 E'9.::;1
<br /> ni ghtmë'tt-es.
<br /> 2. The " b 1 ¿Ie k ï;j ,,':u' , k E~ t," concerns "u-e e1 i mi ne,t(",d as
<br /> (=:ver" yon¡~~ has the oppm-tuni t"" fol"" Sf?I'"vi ceo Th i S5 system simply
<br /> gu¿(I~ ,,~ntees and pt"'ovi d¡:"s i ncf-'!nt:i. ves for early committ.ment and
<br /> planning. Specul i:3,ti 'Ie clE'vf?lop!1i£:,nt dee=:, not t-estri ct pr-oject5
<br /> r'eëldy for constr'uct ion. Developmr::mt ~.JÌ 1 1 be mor'e t-ef 1 ect i '.Ie of
<br /> the tr"ue 'fl-ee 01é':U'" k e t.
<br /> ~ The fundi nçJ is in place for future facilities. If
<br /> "-'.
<br /> the 7000 L.U.E. 's at-e p¿Ü d for ¿\ $500 ei:\ch, this $::::;,500,000 P¿iYS
<br /> for the p""ckë'tge treatment pl,,;¡nts. In addition, sur-charges for
<br /> "late comers" \I'JOLll cj i:IC CLlinU 1 ¿Ite for use as the City deemed. 'f it.
<br /> If 2,000 L.U.E. 's ~.ler e sur C h""r g f.')d for not having reservations,
<br />
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