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United City of Yorkville Sunflower Estates HOA SSA Town Hall Meeting August 27, 2013.

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Presentation on theme: "United City of Yorkville Sunflower Estates HOA SSA Town Hall Meeting August 27, 2013."— Presentation transcript:

1 United City of Yorkville Sunflower Estates HOA SSA Town Hall Meeting August 27, 2013

2 Why we called this meeting  We are proposing to fix three detention basins in the subdivision  Basins have filled with silt and other debris, which reduces stormwater capacity  First option is to dredge the basins - $110,000 Annual SSA dues recommended to be $250 per home through 2023  Second option is to naturalize the basins - $55,000 Annual SSA dues recommended to be $150 per home through 2023  City must approve HOA SSA levy by December

3 Before we proceed… The detention basin fix and the street flooding on Walsh Circle are not related.

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6 Location of Detention Basins

7 Naturalization vs. Dredging  Naturalization: Involves turning the basin into a wetland- style basin Benefits  Cheaper than dredging, both in one-time setup costs and ongoing maintenance  Naturally filters pollutants in stormwater run off  Current standard for all new detention basins in subdivisions

8 Naturalization drawback?

9 Naturalization vs. Dredging  Dredging: Simply removing the accumulated silt from the bottom of the basin Benefits  Leaves basin aesthetics as is Drawbacks  More expensive than naturalizing, both in initial cost and long-term maintenance  Must be done every years  No plant filtration of stormwater occurs

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11 Funding Cost of naturalization$55,000 Current fund balance $15,000 Amount to fund with dues$40,000 Cost of Dredging$110,000 Current fund balance $15,000 Amount to fund with dues$95,000

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14 Timeline EventDate Town Hall Meeting to Discuss HOA SSA IncreaseAugust, 26, 2013 City Council ReviewSeptember or October, 2013 HOA SSA Tax Levy Ordinance Passed By City CouncilPrior to December 30, 2013 Normal yearly maintenance contract out to bidMarch 2014 Normal yearly maintenance contract awardedApril 2014 Pond Action out to BidSpring 2014 Pond Naturalization or Dredging CompletedSummer 2014 HOA SSA taxes paid on property tax billSummer 2014 and Fall 2014 HOA SSA taxes adjusted by City Council, if needed December 2014, for property taxes to be paid Summer 2015

15 Questions?  Bart Olson, City Administrator  Jeff Weckbach, Administrative Intern  Carlo Colosimo, Ward 1 Alderman  Ken Koch, Ward 1 Alderman


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