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Capacity Bank

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In May 2000 the Sacramento Regional County Sanitation District formed the Economic Development Treatment Capacity Bank to provide reduced sewer impact fees for local jurisdictions to encourage economic development for industrial, commercial, residential, infill and transit-oriented projects.

The "Bank" was formed from $12.3 million of unused industrial wastewater capacity that SRCSD purchased from Lodi Mission Partners (Tri Valley Growers), Campbell Soup, Chinet and Proctor & Gamble in October 1999. This purchase converted to 16,606 equivalent single-family dwellings (ESDs) of credit. Rather than the current rate for an ESD, each "bank" credit costs only $923 per ESD. In April 2001, local jurisdictions began using the reduced Bank credits, which are expected to last 10 years.

The Bank's goals and objectives include:

• Encouraging economic development within the District's service area by attracting new or expanding existing industrial, commercial or residential development (such as septic tank conversions or low/moderate-income housing with reduced sewer impact fees).
• Allowing jurisdictions to control their own credits, rather than the District controlling the credits.
• Recovering the District's $12.3 million cost of purchasing the unused industrial capacity through the sale of the discounted Bank credits.

Economic Development Treatment Capacity Bank Distribution of Credits
(As of March 2005)

Jurisdiction	Number of ESDs
SRCSD	1,434
Citrus Heights	1,206
Elk Grove	1,146
Folsom	712
Rancho Cordova	92
Sacramento, City of	8,727
Sacramento County	5,284
West Sacramento	550
TOTAL	19,151

Economic Development Bank Contact List