According to the information pamphlet I received in the mail, the city of Lodi’s new development fee program requires new developments to reimburse the city for past and future investment in water, wastewater, streets, police, fire and other infrastructure. Great.
The recently completed “surface water” treatment plant at Lodi Lake and all the infrastructure associated with it was supposed to be paid for by new development fees. When new development failed to happen, three council members — Larry Hansen, Bob Johnson and Phil Katzakian — voted to build the plant anyway. Councilwomen JoAnne Mounce and former councilwoman Susan Hitchcock reminded them that the plant was approved with the provision that new development pay, and since there was no new development in sight, they voted against the project.
I believe the total cost to ratepayers for this plant, all the infrastructure involved, service on the debt, operations, water, labor and all, will be near $200 million (in today’s dollars) over the next 40-some years.
How will new development fees reimburse ratepayers for this project? Anyone?