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I :1 I I I I I I I I I I I I I I I il 3.0 DRAINAGE BASIN LAYOUT AND FINANCING 3.1 Drainage Fee Assessment , El Paso County, inclusive of the Colorado Springs Metropolitan area, has been divided into 35 major basins. These basins have been further divided into 139 smaller drainage basins. The drainage basin divides constitute jurisdictional boundaries for the purpose of assessing drainage improvement fees. These fees are assessed on a per acre basis. The funds are pooled for each basin and are administered by a Subdivision Storm Drainage Board. The City of Colorado Springs and El Paso County entered into an intergovernmental agreement, dated November 22, 1983 to establ ish a joint storm drainage board which has the authority to establish fees and recommend repayments or credits for facilities installed. The Subdivision Storm Drainage Board consists of seven members who are appoi nted by City Council and the Board of County Commi ss i oners. The County Director of DOT and City Director of Public Works are the secretaries of the Board without a vote. The Board is responsible for recommendations to the City Council and the Board of County Commissioners for the investment of surplus funds that may temporarily accumulate in the basin funds, the repayment or credits to be made from the basin funds, and collect and deposit drainage fees into the appropriate basin fund within the City or County. The drainage basin fee represents the unit cost of drainage improvements yet to be constructed and is expressed in dollars per acre of remaining plattable land in the basin. The drainage fee is the total drainage cost divided by the unplatted area assumed plattable with the appropriate unit conversions. The drainage fee is a one time charge to the developer which is collected at the time of the final plat recording. The developer may provide for drainage improvements in lieu of the drainage fees. Drainage fees shall be paid prior to the time of the recording of the plat. The fees to be paid shall be those in effect at the time of the final plat approval. 3.2 Procedures for Drainage Improvements Credits and Reimbursements In order for a developer to obtain reimbursement of drainage costs or credit, certain procedures must be followed. Prior to proceeding with construction of major facilities, the developer must comply with the following: 1) Obtain through the subdivision process an approved drainage plan showing the facilities required and the estimated cost of those facilities, and indicate the drainage basin and fees for the acreage shown on the drainage plan. (Copies of the current per-acre fee can be obtained from the County DOT or ClM Public Works Department.) All drainage basins are identified and fees established each year. Letters of credit are to be posted with the City/County in accordance with the subdivision regulations. 3-1 II