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HomeMy WebLinkAboutCouncil Resolution 1195RESOLUTION NO. S A RESOLUTION IMPLEMENTING AFIVE-PERCENT (5%) CITY OF CENTRAL POINT WATER SYSTEM FEE IN-LIEU OF LICENSE OR FRANC>EIISE . Recitals: A. All entities without a license, franchise or public way use agreement who occupy the city's streets, alleys and public places in the City of Central Point for delivery of utility services should pay to the City a utility fee in the amount of five percent of rg oss revenues, subject to limitations in other state or federal laws_ B _The City of Central Point owns and operates a water utility which should be paying a utility fee for the use of the city's streets, alleys and public places. The City Council desires to establish, for a period often 10 ears, a fee in-lieu of a license or franchise fee on the City's water system for the right to construct, maintain and operate a pipeline system in, under, along and across certain streets, alleys and public places in the City of Central Point for the transportation and distribution of water. The City Council of the City of Central Point resolves: That for the right to operate in, upon and under the right-of way and street system of the city, a fee in-lieu of a license or franchise fee is hereby imposed upon and shall be collected annually from the water fund of the city, and be entirely dedicated to the street fund. The fee shall be in an amount equal to five percent of the gross revenue from the water charges collected within the city after deductions have been made for all outstanding water fund debt service obligations. This fee shall terminate ten years from the date of this resolution without further action of the City Council. Passed by the Council and signed by me in authentication of its passage this ~~~day of November, 2008. Mao ank Williams Approved by me this ~ day of November, 200 . ay r Williams