Item 4B1Homeowner’s Association Right-of-Way Maintenance Program Update
June 6, 2006
Background
On June 21, 2005 City Council approved the Home Association Right-of-Away Maintenance Program.
The equivalency credit has a significantly less financial impact to the city compared to maintaining these public areas.
Council requested an annual review of the program.
Financial Impact
The credit per square foot of irrigated land by the HOA is .0063318 per square foot.
Estimated annual impact based on current participating HOA’s within city limits would be less than $10,000 (.001% of total water revenue for the city).
The equivalency calculation will reduce the current costs of maintaining the public property for the HOA while the Utility Fund will still maintain financial solvency.
HOA Maintenance Agreement
Under this agreement, HOAs will continue to maintain the public ROW.
The city will provide equivalency credits for irrigation water used on the public properties.
Obligations of Associations
Maintenance
Water Conservation
Association agrees to maintain public liability insurance.
The liability insurance policy shall name City as additional insured.
QUESTIONS?