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Res18 15642
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Res18 15642
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Last modified
10/11/2019 7:57:47 AM
Creation date
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Template:
CC Index
CC Index - Document Type
Resolution
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
1/22/2018
Description
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDWOOD CITY APPROVING DOCUMENTS AND ACTIONS RELATING TO SILICON VALLEY CLEAN WATER 2018 WASTEWATER REVENUE BONDS
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The following table lists the City's largest sewer customers by service charge revenues for <br />fiscal year 2016-17. <br />Table A4 <br />Redwood City - Largest Customers, Fiscal Year 2016-17 <br />(1) Totals may not add due to rounding <br />Source: City of Redwood City. <br />Sewer Districts Served by Redwood City <br />The City provides sewer service to five San Mateo County sewer maintenance districts and <br />a small sewer assessment district that is part of the Town of Woodside. Together, these districts <br />accounted for approximately 20.3% of the City's sewer charge revenues in fiscal year 2016-17, and <br />are projected to account for approximately 17.7% of sewer service charge revenues in fiscal year <br />2017-18. The City provides these services pursuant to separate legal agreements with San Mateo <br />County for each district, and the Town of Woodside. These districts provide their own local <br />wastewater collection services and pay Redwood City for conveyance and wastewater treatment. <br />The Authority bills Redwood City based on the City's share of wastewater flows and loading, which <br />includes the wastewater conveyed from the six districts. Each of the districts pays Redwood City <br />for wastewater service pursuant to each district's legal agreement with Redwood City. The sewer <br />districts served by Redwood City are listed below along with a brief description of each district and <br />the basis of its payments to Redwood City. <br />F -W, <br />2016-17 <br />Sewer <br />Description <br />Service Charqes <br />% of Total <br />10 Larqest City Sewer Accounts <br />County of San Mateo <br />Institutional / Public <br />$253,092 <br />0.69% <br />Redwood Shores Apt. <br />Residential <br />251,074 <br />0.68 <br />The Irvine Company LLC <br />Residential <br />240,156 <br />0.65 <br />TGA 299 Franklin LLC <br />Residential <br />234,205 <br />0.64 <br />Essex Property Trust Inc. <br />Residential <br />218,038 <br />0.59 <br />AIMCO INDIGO LC <br />Residential <br />177,629 <br />0.48 <br />Ventana Del Mar HOA <br />Residential <br />176,743 <br />0.48 <br />Boardwalk <br />Residential <br />170,135 <br />0.46 <br />Shorebird H/O Assoc. <br />Residential <br />166,083 <br />0.45 <br />Oracle USA Inc. <br />Retail / Commercial <br />161.338 <br />0.44 <br />Subtotal <br />$2,048,493 <br />5.57% <br />Outside Sewer Districts <br />Fair Oaks SMD <br />Predominantly Residential <br />$4,996,266 <br />13.59% <br />Emerald Lake Heights SMD <br />Predominantly Residential <br />2,104,367 <br />5.72 <br />Oak Knoll SMD <br />Predominantly Residential <br />177,739 <br />0.48 <br />Woodside Town Center SMD <br />Predominantly Residential <br />89,385 <br />0.24 <br />Kensington Square SMD <br />Predominantly Residential <br />99,964 <br />0.27 <br />Edgewood SMD <br />Predominantly Residential <br />13.491 <br />0_04 <br />Subtotal <br />$7,481,212 <br />20.34% <br />All Other Customers <br />$27,244,188 <br />74.09% <br />Total til <br />$36,773,892 <br />100.00% <br />(1) Totals may not add due to rounding <br />Source: City of Redwood City. <br />Sewer Districts Served by Redwood City <br />The City provides sewer service to five San Mateo County sewer maintenance districts and <br />a small sewer assessment district that is part of the Town of Woodside. Together, these districts <br />accounted for approximately 20.3% of the City's sewer charge revenues in fiscal year 2016-17, and <br />are projected to account for approximately 17.7% of sewer service charge revenues in fiscal year <br />2017-18. The City provides these services pursuant to separate legal agreements with San Mateo <br />County for each district, and the Town of Woodside. These districts provide their own local <br />wastewater collection services and pay Redwood City for conveyance and wastewater treatment. <br />The Authority bills Redwood City based on the City's share of wastewater flows and loading, which <br />includes the wastewater conveyed from the six districts. Each of the districts pays Redwood City <br />for wastewater service pursuant to each district's legal agreement with Redwood City. The sewer <br />districts served by Redwood City are listed below along with a brief description of each district and <br />the basis of its payments to Redwood City. <br />F -W, <br />
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