Loading...
Resolution 4706 - Call for PH - Water Rate IncreaseRESOLUTION NO. 4706 A RESOLUTION SETTING A DATE FOR PUBLIC HEARING ON A PROPOSAL TO ADOPT INCREASES IN THE FEES, SCHEDULES, RATES, CHARGES AND CLASSIFICATIONS IMPOSED ON THE CUSTOMERS OF THE CITY OF KALISPELL WATER UTILITY. WHEREAS, the City of Kalispell's Water Utility needs to replace and improve certain significant capital elements within its infrastructure, primarily the first phase of residential meter replacements for $385,000, fire hydrant installation necessary for fire safety for $100,000, and water main extensions for $540,000, and WHEREAS, the costs of said projects are anticipated to be funded through revenue bonds requiring a rate increase for the debt service, an increase of $.15 per thousand gallons, and WHEREAS, an increase of ten cents ($.10) in the water rate for future replacement will generate approximately $100,000 per year, and WHEREAS, the City, in order to fund the additional cost of improvements and replacements through an increase in fees and rates requires a total of $.25 per thousand gallons charged to customers of the City water utility, and additionally the rate structure will eliminate the price break at 30,000 gallons as shown on schedule A of the Water Utility Rates, and WHEREAS, a $.25 increase in water rates will generate approximately $250,000 in revenue per year, and WHEREAS, prior to initiating any increase in the fees, schedules, rates, charges, and classifications, the City is required, pursuant to Section 69-7-111, Montana Code Annotated, to hold a public hearing on the matter after giving due and proper notice of said hearing. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF KALISPELL, AS FOLLOWS: SECTION I. That there is hereby set a Public Hearing on the 1st day of July, 2002, at 7:00 o'clock P.M. M.S.T. in the Council Chambers, City Hall, Kalispell, Montana, to discuss a proposal to increase total revenues to finance a portion of the cost of replacing capital items and the implementation of a meter charge. SECTION II. The City Clerk and City Attorney are hereby authorized and directed to make, publish and distribute notices of said Public Hearing in conformity with Section 69-7-111, MCA. PASSED AND APPROVED BY THE CITY COUNCIL AND SIGNED BY THE MAYOR OF THE CITY OF KALISPELL, ON THE 3RD DAY OF JUNE, 2002. Pamela B. Mayor ATTEST: 4 Theresa White City Clerk