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CM-08-08-214Mayor Alan McGraw Mayor Pro -tem Joe Clifford Councilmembers Rufus Honeycutt George White Carlos T. Salinas Scott Rhode Kris Whitfield City Manager James R. Nuse, P.E. City Attorney Stephan L. Sheets ROUND ROCK, TEXAS PURPOSE. PASSION. PROSPERITY August 12, 2008 NNP-Teravista, L.P. P.O. Box 1268 Round Rock, Texas 78680-1268 Re: "HEC Line" Capacity Purchase - Memorandum of Agreement (the "HEC Line Agreement" Gentlemen: As you know, the City of Round Rock (the "Cz ' ("Newland") on behalf of Williamson County tt )and NNP-Teravista, L.P. District" Municipal Utility District No. 11 (the ), entered into the HEC Line Agreement as of April 28, 2004. Under the HEC Line Agreement, Newland paid the City the sum of $1,500,000 for 1,588 LUEs of capacity in the HEC Line to serve development within the District. It has come to the City's attention that the City's 2004 wastewater impact fee includes a component allocable to the HEC Line. We understand that your consultant has reviewed the 2004 Update of the City's Impact Fees and calculated an amount that you believe was paid in error and for which you are now seeking reimbursement. Using the values given to the HEC Line in the 2004 Update of the City's Impact Fees, your consultant determined that $23.24 of the wastewater impact fee is attributable to the HEC line. We agree with your consultant's determination regarding the amount of the overpayment and that this component of the City's wastewater impact fee was assessed in error. This letter will confirm that, to rectify the error, the City will reimburse Newland the sum of $36,905. This letter will also confirm that the full duly adopted wastewater impact fees will be assessed against future development within the District. y, s R. Nuse, P.E. anager cc: Michael Thane, Utility Director Cindy Demers, Finance Director 00143923.doc/ss C.Nt-or-ot Zpi CITY OF ROUND ROCK ADMINISTRATION DEPARTMENT, 221 East Main Street • Round Rock, Texas 78664 Phone 512.218.54ot • Fax 512.218.7097 • www.roundrocktexas.gov DATE: August 12, 2008 SUBJECT: City Manager Approval - August 15, 2008 ITEM: Consider city manager approval for overpayment of the City's wastewater impact nt to Newland to the HEC Line Agreement. p fee attributable Department: Water and Wastewater Utilities Staff Person: Michael D. Thane, P.E., Director of Utilities Justification: This resolution authorizes the City to reimburse Newland for the overpayment of the City's wastewater impact fee in regards to the HEC Line, also known as the Avery Farms Interceptor. Newland paid the City a sum of $1,500,000 for 1,588 LUEs of capacity in the HEC Line to serve development within the district. Newland's consultant reviewed the 2004 Update of the City's Impact Fees and revealed that the update includes a component allocable to the HEC Line. The consultant completed calculations using the values included in the 2004 Update and determined that $23.24 of the wastewater impact fee is attributable to the HEC line. Therefore, a credit against the full wastewater impact fee is being provided to Newland for 1,588 LUEs. Funding: Cost: $36,905 Source of funds: Impact Fee Fund Outside Resources: NNP-Teravista, L.P. (Newland) Back around Information: The original HEC Line Agreement was entered into on April 28, 2004. Newland paid the City $1,500,000 for 1,588 LUEs of capacity in the HEC Line. U an providing this impact fee credit,wp nue to wastewater impact fees for future development t. ct.ment within the distri pay the full Public Comment: N/A