In round figures, the proposed fee could raise close to $6 million annually. Applied to single-family residential, the fee would raise just more than $2,500,000 annually and the non-single family facilities — multi-family, commercial, industrial, institutional and agricultural — would generate about $3,400,000 annually.
The fee would pay for some important capital improvement projects and would provide a revenue stream for revenue bonds to pay for the largest projects.
There are 138 miles of storm water pipeline throughout the city, some of which are 90 years old.
In November, the Oklahoma Department of Environmental Quality published the Lake Thunderbird Total Maximum Daily Load to document the levels of pollutants the lake could tolerate. The TMDL establishes certain requirements Norman must meet.
“Oklahoma City and Moore also must comply with the TMDL, and we’ve already met with them,” Sturtz said.
The council will have a variety of group meetings to get public input moving forward toward an election date. The new storm water fee would have to be approved by Norman voters.
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