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The project is funded by the city's stormwater user fees and stormwater system development charges.
Funded through system development charges revenues as they become available.
In this collection of 18 essays, contributors and the editor describe public sector finance options, system development charges, delivery methods, project delivery systems, pricing, identification of revenue requirements, benchmarking rates, and considering affordability.
The bonds are secured by an irrevocable lien on the net revenues of the combined potable water distribution, wastewater collection, and reclaimed water system (the system) and any applicable water and sewer system development charges (which the city has no plans to levy).
But Nelson says he expects Materne to ask for at least a partial waiver on the system development charges it would be slated to owe.
Going forward, the key credit driver of EWEB's rating is the water system's successful execution of its capital plan, with the anticipated funding primarily from rates and system development charges.
Adoption process for System Development Charges methodology and calculation.
The system finished fiscal 2006 with 459 days cash on hand, and pledged revenues together with legally available system development charges covered annual debt service on parity debt by a strong 5.