Ridgemore Utility Investors, based in Marriottsville, MD, specializes in private water and sewer assessments, also known as water and sewer facilities charges or front foot assessments, in Maryland counties. These assessments enable property owners to recover the cost of water and sewer infrastructure over time, with obligations running with the land and assumed by new property owners upon sale.
Managed by Chesapeake Capital Partners, Ridgemore Utility Investors works with developers to assign the right to collect assessments to third parties, ensuring the long-term sustainability of water and sewer infrastructure for public use, separate from water and sewer usage fees charged by governmental entities.
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