Residents of the proposed Hamilton Brown/Brushnell Shore Special Assessment Water District would also endure a one-time $120 start-up fee. The district members, if in agreement, would be a part of a petition that would indicate the cap on the annual unit cost and the project's cost. Dunkle told the residents to keep in mind that their costs could change on an annual basis if units are added or subtracted from the district, more grant money was funded, and interest rates decrease of if the district receives assistance from OCWA.
Dunkle had two budget scenarios drafted for the property owners to review. One draft suggested financing through USDA Rural Development which in an estimate complied by Dunkle, would make the town's financing cost $12,305 with a 38-year loan at a 4.25 percent rate with a $380,000 grant, which would consume 62 percent of the cost. This is a tentative budget proposal; the town has not applied for any grants yet or received any funding for this project.
With said budget proposal, the district's cost would be $13,300 to be paid among 27 properties with an estimated $495 as the cost per unit. The town board will look into the different grant options once the petition is passed.
"There are different rules for using different agencies," said Supervisor Becker.
There could very well be issues with archaeological dealings and the possibility hat the water line might run through Indian Nation land, according to Becker.
The total project cost has been estimated to total $610,000 after construction for both roads, hydrant maintenance, easements, legal fees, contract administration, bonding and other costs were accounted. There was some discussion between Dunkle, Becker and the residents about the possibility of working out a contract with agencies that use some of the surrounding area for biological research.