Phase 1 Information for Existing Abutters Tiverton Wastewater - - PowerPoint PPT Presentation
Phase 1 Information for Existing Abutters Tiverton Wastewater District (TWWD) Our mission is to safeguard public health and protect and improve ground and surface water resources by implementing effective and efficient wastewater management
Tiverton Wastewater District (TWWD)
“Our mission is to safeguard public health and protect and improve ground and surface water resources by implementing effective and efficient wastewater management and disposal within the Tiverton Wastewater District.” – TWWD
– Quasi-Public Agency created by the General Assembly. – Created, in part, to allow access to funding to help offset the cost
(The Town is does not qualify for this funding) – Separate and distinct entity from the Town
Volunteer Board Leroy Kendricks, Chairman Chris Nearpass Paul Northrup Colleen Stanton Scott Humphrey 4 Part-Time Staff
Stephen Berlucchi Patricia Nannini Sarah Stearns Nan Godet
– 49 properties
– Project Covers Public & Private Work – Construction on/under streets – Construction on property
Qualifications for CCHC program are*: Household size Max. Income
*Guidelines are effective as of June 1, 2015
– 3% fixed interest rate Home Repair Loan of up to $50,000 (Single Family Home) and up
to $70,000 (Multi Family Home) with a 15 year term.
– The monthly payment is $6.91 for every $1,000 borrowed.
– 0% fixed interest rate Deferred Payment Home Repair Loan of up to $5,000 for Seniors (60 years old + up) and persons with disabilities that does not need to be repaid until the home is sold or the Title to the home is transferred. – Seniors and persons with disabilities may be eligible for both a 0% and 3% interest loan.
and email plalli@cchcnewport.org
Source Term Interest Rate Underwriting Monthly Payment Total Cost TWWD 10 Years 3.25% None $60.00 $7,200.00 STILF 5 Years 2% Yes – RI Housing $105.00 $6,300.00 CCHC Home Repair Loan 15 Years 3% Income requirements $42.00 $7,560.00 CCHC Deferred interest loan Until property transfer 0% Seniors 60+ & people with disabilities None $6,000 paid at time property is sold or transferred All Examples Assume Not To Exceed $6,000
1. Sewer usage based on your water meter readings
2. Operations, Maintenance and Administrative Fee (OMA) - Typically $37.50/quarter unless high volume user
Description Cost per Month Estimated Sewer Usage Charge $38.00 OMA Fee $12.50 Estimated Average Cost Per Month* $50.50 *Average based on Q4 2015 water meter reads for homes in the Abutter Project and assuming OMA fee for standard user (less than 100 HCF/year).
– because of the grants that we have obtained from the USDA, especially for problem areas near the water.
through the soil).
– You can have your property look the way you want it to look without unsightly equipment.
– Even the best on-site system still puts unwanted nutrients into the water body. Too much nitrogen in the water body can cause an overgrowth of algae and other plants. Over time, the plants will deplete the oxygen levels in the water which can trigger fish kills and depletion of other aquatic life.
– Homeowners are freed from responsibilities of owning, maintaining and having to replace an on-site wastewater treatment system and from impacts
– It will be owned and maintained by the TWWD so there are no hassles to the homeowner.
– Sewer prevents fecal matter from getting into the water body from failed
– Treatment happens at the Fall River Advanced Wastewater Treatment Plant which discharges highly treated water back into the water body.
– Sewer provides greater flexibility for the use of your home providing fewer restrictions when considering improvements such as adding a deck, a pool
– It may enhance the resale value of the property for some buyers.