HomeMy WebLinkAboutCouncil Resolutions 1468 RESOLUTION NO. 1 t Io B
A RESOLUTION OF THE CITY OF CENTRAL POINT REVISING
MISCELLANEOUS WATER FEE SCHEDULE
RECITALS:
A. The City of Central Point provides water to residents inside the city limits and also to
properties located within the Urban Growth Boundary and Urban Reserve Areas
where immediately available. The City does not have a financing program for
properties that have bad well water and need immediate connection to the City
system.
B. A three year loan program would allow for existing dwellings that have bad water to
connect to the system at a lower initial rate and finance the rest in their base fee at
an interest rate of 9%.
C. The City of Central Point allows for water haulers to connect to city owned fire
hydrants via a fire hydrant meter. The current meters are a combination of private
and publically owned meters.
D. A new rate of$3,000 would be applicable for all new haulers who would want to
setup in the City of Central Point. The new meters would also be retroactively
applied to all privately owned meters. For existing meters we would give the haulers
1 year from the date of this resolution to obtain a new meter. All maintenance of
the new meters would be done by the City Water Division at no cost to the haulers.
THE CITY OF CENTRAL POINT RESOLVES AS FOLLOWS:
Section 1. Effective July 1, 2016, the City of Central Point Water Rates shall be as set forth on
the attached schedule
New water service:
Fees:
1. Tap Fee $2,700.00
2. CP SDC Water 1,552.00
3. MWC SDC 1,724.09
4. Water Fee for setting meter 250.00
Total Fees = $6,226.09 $6,226.09
Medford Water SDC's (no financing) (1,724.09)
Res. No. !Lib/ ; June 23, 2016 Page 1
Fees that may be financed $4,502.00
Inside City base rate $13.15
Outside City base rate $19.73
Amount to be financed $4,502.00
Simple interest loan @ 9% 405.18
Total amount financed $4,907.18
Financing period/36 months $136.31
Base outside rate 19.73
Total monthly financed + base rate $156.04
Bulk Water Haulers
Fire Hydrant Meter $3,000
TL
Passed by the Council and signed by me in authentication of its passage this day of June
2016.
Mayor Hank Williams
ATTEST:
r
Deanna Casey, MMC, City R-corder
Res. No. 1,L14;Z ; June 23, 2016 Page 2