Aberdeen sets Oct. 28 public hearing on system development fee changes and approves SDF capital-reserve resolution

The Aberdeen Town Board on Aug. 26 voted to post proposed changes to the town's system development fees and set a public hearing for Oct. 28, 2024, as required by the referenced state statute in the meeting packet. The board also unanimously approved Resolution 24-22, which funds the annual capital reserve tied to system development fees for water and sewer.

Town staff said the SDF report updates work the board first reviewed in the spring and summarized cumulative SDF collections since 2018-19; staff noted the sewer SDF has grown more slowly than the water SDF. The manager and finance presenter said some sewer projects (for example, a recent Highway 5 outfall project) have consumed SDF funds and that staff may recommend reclassifying or transferring some sewer SDF funds into the sewer capital reserve in a later board action.

The board's motion to set the public hearing included a statement that legal notice and posting requirements would be met; staff said they planned to give additional notice beyond minimum statutory posting. The board took the motion without recorded roll-call dissent.

Votes at a glance - Motion to set public hearing on proposed SDF rate changes for Oct. 28, 2024: motion passed (voice vote; no roll-call tally recorded in minutes). referenced authority: "North Car General statutes 162 a-200" as stated in meeting discussion. - Resolution 24-22 to fund the annual SDF capital reserve: approved (voice vote; unanimous as recorded).

What happens next: staff will post the proposed SDF rate changes for public comment and hold the Oct. 28 hearing; any substantive rate changes would be adopted at a later meeting after the public hearing and required statutory steps.