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Res 2014-86 RESOLUTION NO. 2014 - 86 RESOLUTION PROVIDING FOR WATER, SEWER, & STORM WATER UTILITY RATE CHANGES WHEREAS, Section 402.20 of the City Code provides that the City Council shall have the authority to set water, sewer, and storm water utility rates by resolution; and WHEREAS, it is necessary to provide an increase of revenue in order for the utility funds to be self- sustaining without relying on debt to fund ordinary capital outlay, and to maintain low to moderate rate increases; and WHEREAS, the following rate structure and rates are to be effective with the first billing in 2015. NOW THEREFORE, be it resolved, that the following water, sewer, and storm water rate schedules for all customers shall be as follows for the year 2015: 2015 Water Rate and Structure Residential Fixed Charge Volume Rate per 1,000 Gallons Actual Consumption (Quarterly 0-20,000) $13.91 $1.56/1000 gallons Actual Consumption (Quarterly 20,001-40,000) $13.91 $1.74/1000 gallons Actual Consumption (Quarterly 40,001-60,000) $13.91 $1.90/1000 gallons Actual Consumption (Quarterly 60,001-unlimited) $13.91 $2.06/1000 gallons Commercial Actual Consumption (Quarterly 0-40,000) $13.91 $1.90/1000 gallons Actual Consumption (Quarterly 40,001-250,000) $13.91 $2.12/1000 gallons Actual Consumption (Quarterly 250,001-500,000) $13.91 $2.36/1000 gallons Actual Consumption (Quarterly 500,001-1,000,000) $13.91 $2.59/1000 gallons Actual Consumption (Quarterly 1,000,001-unlimited) $13.91 $2.84/1000 gallons 2015 Sewer Rate and Structure Property Class Consumption Basis Fixed Charge Volume Charge Single Family Winter Quarter Water Usage $10.33 $4.40/1,000 gallons Commercial Current Quarter Water Usage $10.33 $4.40/1,000 gallons Non-Profit Current Quarter Water Usage $10.33 $4.40/1,000 gallons Multiple Dwellings Winter Quarter Water Usage $10.33 $4.40/1,000 gallons Manufactured Home Park Winter Quarter Water Usage $10.33 $4.40/1,000 gallons 2015 Storm Water Rate and Structure $25.77 per acre per quarter – Residential lots are defined to be 1/3 of an REF (Residential Equivalency Factor) acre, which equates to $8.59 per quarter for residential properties. PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 24th DAY OF NOVEMBER, 2014. _______________________________ SCOTT J. LUND - MAYOR ATTEST: __________________________________ DEBRA A. SKOGEN - CITY CLERK