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(k) The wastewater impact fees shall be calculated according to the following formula. <br /> FEE = SFES x NET COST/SFE <br /> Where: <br /> SFES = UNITS x SFES/UNIT <br /> UNITS = Number of dwelling units of each housing type in a residential <br /> development or the number of water meters of various sizes <br /> in a nonresidential development <br /> SFES/UNIT = Number of Single-Family Equivalents represented by one <br /> dwelling unit of a given housing type or by a water meter of a <br /> particular size <br /> NET COST/SFE = COST _ CAPACITY x GPD/SFE -CREDIT/SFE <br /> COST = Total replacement cost of existing major facilities, excluding <br /> lines less than 12" in diameter typically installed by <br /> developers <br /> CAPACITY = Capacity of existing treatment plants in gallons per day <br /> GPD/SFE = 230 gallons per day per SFE <br /> CREDIT/SFE = DEBT/SFE + PAST/SFE <br /> DEBT/SFE = DEBT _ CAPACITY x GPD/SFE <br /> DEBT = Outstanding debt on existing major wastewater facilities and <br /> equipment <br /> PAST/SFE = PAST _ CAPACITY x GPD/SFE <br /> PAST = The net present value of property taxes paid over the last five <br /> years by vacant land for wastewater capacity improvements, <br /> including general fund expenditures as well as debt service <br /> a ments <br /> Section 36-10. Use of fees. <br /> (a) An impact fee fund that is distinct from the general fund of the County is hereby <br /> created, and khe impact fees received will be deposited in the following interest- <br /> bearing accounts of the impact fee fund: <br /> (1) Road Impact Fee Account; <br /> (2) Park Impact Fee Account; <br /> (3) Fire/EMS Impact Fee Account; <br /> (4) Police Impact Fee Account; <br /> (5) Solid Waste Impact Fee Account; and <br /> (6) Wastewater Impact Fee Account; <br /> (b) Within each account, with the exception of the wastewater impact fee account, there <br /> are hereby created five sub-accounts, corresponding to four sub-area benefit zones <br /> <br /> DRAFT ORDINANCE FOR COUNTY OF HAWAII PREPARED BY DUNCAN ASSOCIATES 8!9106 <br /> 14 <br /> <br />