Res. #23-017 - City Participation in Resolving Private Storm Drainage Problems - "Storm Drainage Grant Program"

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ii. Grant Award. The City shall share in paying 25% of the cost of a remediation project (up to a maximum of $5,000) per parcel. iii. The remaining 75% of the cost of a remediation project shall be paid by the applicant or financed by a voluntary special assessment. b. Special Assessment Funding i. Additional funding is available through a voluntary special assessment against an improved or impacted parcel. ii. Awards for special assessments of up to five years are subject to a market - based interest rate and legal requirements related to special assessments. 5) Application for the Program a. Grant applications are accepted during the month of October for projects to be constructed during the following calendar year. Thereafter, available funding may be awarded on a first -come, first -serve basis. I. For 2023 projects, grant applications were accepted prior to the City Council meeting on August 8, 2023. 6) Criteria for Funding Individual Remediation Projects a. Award of grants or special assessments are based on: I. Meeting the stated purpose of the Program. ii. The economic utility of a proposed remediation project. iii. The environmental sustainability of a proposed remediation project. iv. The feasibility of a proposed remediation project. v. The availability of Program funds. b. The City Administrator will use these criteria to rank projects for potential award of Program Funds. In doing so, the Administrator, in conjunction with city staff and consultants, shall apply engineering judgement to planning and engineering aspects of project. c. Program Funds shall be awarded subject to terms and conditions imposed by the City Council. 7) Operation Of Program and Program Conditions a. Achieving the Program's Purpose. Staff shall work with individuals or groups of property owners to resolve drainage problems that exist on private property. To achieve this goal, Program Funds may be used to construct improvements on parcels in the vicinity of impacted parcels. b. Information Necessary for Program Applications. Applicants shall submit drawings and other info, such as calculations, as deemed necessary by the city. c. Remediation Projects Shall Do No Harm. No remediation project shall degrade conditions on other properties; and no remediation project shall degrade natural features which promote water uptake. d. Ownership of Land & Improvements. Parcel owners and/or easement holders will retain ownership of real property and improvements where Program Funds 2 As approved 08/23/2023