Public hearing Wednesday for the North 1 East UEP
Assessments for standard city lot would be $32,000-plus
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North 1 East UEP Initial Assessment Resolution (10-8-2025) FINAL
Property owners in the city of Cape Coral's next utility expansion area will have an opportunity to hear proposed payment options as the assessments for the $227.5 million project are set for public hearing on Wednesday.
Cape Coral City Council is expected to vote on the initial assessment resolutions for irrigation, wastewater and water for the North 1 East component of the utility expansion project.
The resolutions includes financing and payment options - ranging from the initial prepayment period Nov. 20, 2025, through March 31, 2026; interim repayment period April 1, 2026 through July 31, 2026 and the amortized default method, which would be billed via the tax bill annually for 20, 25 or 30 years with the first billing to occur November 2026.
The presentations includes estimates for water, sewer, irrigation and the total for each payment option.
The initial repayment for estimated water, sewer and irrigation for an "equivalent parcel" -- equal to 10,000 square feet feet -- is $25,538 plus $6,750 for the capital facility expansion project for a total of $32,288.
The interim repayment is $26,212 for one equivalent parcel plus $6,930 for capital facility expansion project for a total of $33,142.
The maximum annual payment for a 20-year term is $3,110 for the equivalent parcel plus $851 for the capital facility expansion project for a total $3,961 per year over the time period.
The 25-year term is $2,838 for equivalent parcel plus $778 for capital facility expansion project for a total of $3,616 per year.
The 30-year default term is $2,655 for the equivalent parcel plus $730 for the capital facility expansion project for a total of $3,385 per year.
The construction of water, sewer and irrigation in the city have been paid through UEP assessments - paid in full, or through annual installments on a tax bill.
There are programs to help those in need, such as the hardship program, and the Community Development Block Grant.
The next steps for the resolutions are a Homeowner's Informational Meeting on Nov. 6, followed by the public hearing for the final assessment resolution and assessment rolls on Nov. 19.
A notice to proceed for construction would be issued in December of this year.
The meeting will be held at 4 p.m. Wednesday, Oct. 8, in City Council chambers, 1015 Cultural Park Blvd.
The meeting is open to the public.