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HomeMy WebLinkAboutCouncil Resolution 1285RESOLUTION NO. 1 ~~ A RESOLUTION OF THE CITY OF CENTRAL POINT SETTING WATER RATES. RECITALS: A. In November 2009, the City of Central Point conducted a comprehensive water rate study. Based on the findings of that study it was determined that in the best interest of the City's water utility service business water rates will be amended annually. B. March 2011 revenue requirements were reviewed and an update was made to the water study and rates. This update to the water rate master plan includes Medford Water Commission's current rate increase and forecasting for the next two years of water purchases, and provided sufficient funding for debt service on the water reservoir project to be completed in 2013. C. The rate adjustment will affect the fixed monthly base charge for service and repair and replacement only, in an effort to limit a portion of the revenue volatility associated with volume based rates. D. There is no change to water consumption rates. The City of Central Point resolves to adopt the following rates to take effect April 20, 2011: Meter Monthly Monthly Tota Size Base Charge R & R Charge Fixe Residential MOnthly Volume Charge Volume Charge Volume Charge d Charge First s ccf s - ii ccf over z2 ccf 5/8" 10.00 1.00 11.00 0.80 1.55 2.55 1" 15.00 2.45 17.45 0.80 1.55 2.55 1.5" 20.00 8.15 28.15 0.80 1.55 2.55 2" 30.00 11.15 41.15 0.80 1.55 2.55 3" 50.00 25.25 75.25 0.80 1.55 2.55 4" 70.00 43.85 113.85 0.80 1.55 2.55 6" 135.00 86.00 221.00 0.80 1.55 2.55 8" 210.00 139.50 349.50 0.80 1.55 2.55 Res.' No. • April 14, 2011 Page 1 Commercial & Standby Meter Monthly Monthly Total Monthly Size Base Charge R & R Charge Fixed Charge 5/8" 8.50 1.00 9.50 1" 11.50 2.10 13.60 1.5" 16.50 4.00 20.50 2" 21.50 7.15 28.65 3" 36.50 14.10 50.60 4" 53.50 21.70 75.20 6" 100.00 44.00 144.00 8" 158.00 68.00 226.00 Irrigation Meter Monthly Monthly Total Monthly Size Base Charge R & R Charge Fixed Charge 5/8" 11.00 1.50 12.50 1" 17.00 4.15 21.15 1.5" 27.00 8.65 35.65 2" 39.00 14.00 53.00 3" 72.00 28.00 100.00 4" 108.00 44.00 152.00 6" 208.00 88.00 296.00 8" 330.00 139.00 469.00 Other Volume Charge First 8 ccf 1.40 1.40 1.40 1.40 1.40 1.40 1.40 1.40 Volume Charge First 8 tcf 1.55 1.55 1.55 1.55 1.55 1.55 1.55 1.55 Volume Charge First 8 ccf 1.40 1.40 1.46 Meter Monthly Monthly Total Monthly Size Base Charge R & R Charge Fixed Charge Hydrant 25.00 20.00 45.00 Hidden Grove 116.05 4.30 120.35 Expo 0.00 0.00 0.00 Hardship Discount 50`Yo Outside City Factor 150% 50% 150`Yo ~~ Passed by the Council and signed by me in authentication of its passage this ~~ day of April, 2011. ~, ~~~,,i' Mayor Hank Williams ~TTFCT• any ne~uruer