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HomeMy WebLinkAboutCouncil Resolution 1264RESOLUTION NO. ~~~ '7 A RESOLUTION INCREASING THE STORM UTILITY FEE WHEREAS, the current rate of the storm utility fee is $5.00 per equivalent service unit, which is equal to one single family home or three thousand square feet of impervious surface for commercial and industrial properties; and WHEREAS, the storm utility fund purpose is to adequately maintain the City's storm drain system and creeks as well as retrofit and build capital construction as deemed necessary. WHEREAS, the current fund balance and level of capital construction needs has been deemed inadequate to complete the Storm Drain Capital Improvement Plan NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CENTRAL POINT, OREGON, that the storm utility fee rate be increased from $5.00 per equivalent service unit to $6.50 per equivalent service unit. ~~JJ Passed by the Council and signed by me in authentication of its passage this ~~day of June, 2010. ~. May r Hank Williams ATTEST' Approved by me this ~~=°ay of June, 2010 t Mayor Hank Williams