Loading...
RES 2011-67 - 14883RESOLUTION NO. 2011 - 67 RESOLUTION PROVIDING FOR SEWER RATE CHANGE WHEREAS, Section 402.20 of the City Cade provides that the City Council shall have the authority to set sewer rates by resolution, and WHEREAS, it is necessary to provide an increase in revenue in order to achieve the breakeven paint within the Sewer fund; and WHEREAS, this year's recommended rate increase will not achieve the fund's breakeven paint for 2012, it will move the fund closer to breaking even in the near future; and WHEREAS, this limit will result in a net lass of approximately $108,000 and will reduce cash reserves by $70,000; and WHEREAS, future annual increases are necessary to achieve long -term solvency of the Sewer fund; and WHEREAS, the fallowing rate structure and rates are to be effective with the first billing in 2012. NOW THEREFORE, be it resolved, that the fallowing sewer rate schedule for all customers shall be as follows: Prope . Class Consumption Basis Fixed Charge Volume Charge Single Family Winter Quarter Water Usage $8.50 $3.64/1,000 gallons Commercial Current Quarter Water Usage $8.50 $3.64/1,000 gallons Nan - Profit Current Quarter Water Usage $8.50 $3.64/1,000 gallons Multiple Dwellings Winter Quarter Water Usage $8.50 $3.64/1,000 gallons Manufactured Home Park Winter Quarter Water Usage $8.50 $3.64/1,000 gallons PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 12th DAY OF DECEMBER, 2011. SCOTT J. L - MAYOR ATTEST: b-4vne DEBRA A. SKOGE - CITY CLERK