The FY2013 State Capital Budget included $8.15 million for building a natural gas trunk line from Anchor Point to the terminus of Kachemak City. The City of Homer has been working with Enstar on the trunk line with the goal of breaking ground during the 2013 construction season. A trunk line gets gas to the City of Homer, but getting it to where individual homes and businesses can access gas requires building a distribution system in City roads and rights of way. The City Council has proposed creating a City-wide Homer Special Assessment District (HSAD) to cover this cost. The City would borrow the money to build the distribution system and pay that indebtedness by collecting a set amount from each lot owner – current estimate is under $3,283. This could be paid in a lump sum or over a 10 year period (with interest).
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