RES 2012-95 - 15005RESOLUTION NO. 2012 -95
RESOLUTION PROVIDING FOR A STORM
WATER DRAINAGE RATE INCREASE
WHEREAS, Section 402.20 of the City Cade provides that the City Council shall have the
authority to set the storm water drainage fee by resolution; and
WHEREAS, it is necessary to provide an increase of revenue in order to achieve the breakeven
paint within the Storm Water fund for 2013; and
WHEREAS, this year's recommended rate increase will achieve the fund's breakeven paint for
2013; and
WHEREAS, future annual increases will be needed to recover the previous several years'
operating lasses and to achieve long -term solvency of the Storm Water fund; and
WHEREAS, the new rate is to be effective with the first billing in 2013.
NOW THEREFORE, be it resolved, that the fallowing storm water drainage rate for all
customers shall be $14.16 per quarter per REF -acre.
PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 10th
DAY OF DECEMBER, 2012.
SCOTT Y LUND - MAYOR
ATTEST:
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DEBRA A. SKOGE - CITY CLERK