DUBLIN SAN RAMON SERVICES DISTRICT MOU

RESOLUTION NO. 7-17 RESOLUTION OF THE BOARD OF DIRECTORS OF DUBLIN SAN RAMON SERVICES DISTRICT APPROVING THE "AGREEMENT BETWEEN THE CITY OF PLEASANTON AND DUBLIN SAN RAMON SERVICES DISTRICT REGARDING CITY OF PLEASANTON ADVANCE SALE SEWER PERMITS" WHEREAS, in 1985 the City of Pleasanton (City) approved a program for the advance sale of. sewer capacity to provided capital to construct the Livermore-Amador Valley Water Management Agency(LAVWMA)and Dublin San Ramon Services District(DSRSD) expansion projects; and WHEREAS, DSRSD intends to update the Regional Wastewater Capacity Reserve Fee in 2017 in close connection with the City and to account for all existing Regional Sewer Capacity Reserve Fees credits; and WHEREAS, the District and the City recognize that the credits related to the 100 Residential Dwelling Unit Equivalent (RDE) for the Permit were not included in the calculation of the Capacity Reserve Fee as established in 2010 by the District's Resolution No. 28-10; and WHEREAS, the credits granted would result in a loss of revenue to the Regional Wastewater Expansion fund. The revenue is calculated as 100 credits at $15,384 less revenue for 50 credit of$5,965, resulting in a net loss of$1,240,150; and WHEREAS, development between the years of 1987 and 2016 was approximately 38,173 Residential Dwelling Unit Equivalents; and WHEREAS, 15,050 Residential Dwelling Unit Equivalents remain to be developed over the buildout period; and WHEREAS, the total Residential Dwelling Unit Equivalents over the effected period from 1987 to buildout is 53,223; and WHEREAS,the lost revenue of$1,240,150 should have been recognized from all the Residential Dwelling Unit Equivalent development between 1987 and buildout; and WHEREAS, the 38,173 Residential Dwelling Unit Equivalents from 1987 through 2016 represents a lost potential billing for the Regional Expansion fund; and