CCP 03-09-1992 - Laserfiche WebLink

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. CITY OF 1\RDEN HILLS MEH:Il1lNOOM DATE: March 6, 1992 TO: Mayor and City council Finance Calmi.ttee FRCH: utilities Sl'lv-romIi ttee if SUBJECl': PAl". ....""'ldations Increasing water and Sewer Rates R~tions - 1. In=ease water rates $.44/1000 gallons beginning April 1; 1992 (This is a 35 percent in=ease). 2. In=ease sewer rates $.84/1000 gallons beginning April 1, 1992 (This is a 50 percent in=ease). 3. In=eases should be put into effect in a lump sum rather than a 2- step process. . 4. Continue seni= /disabled discount. 5. During 1992, have the Finance Committee review the cash requirements and suggest appropriate cash balance levels to the Council. 6. Finance Committee should review water and sewer rates annually and make reconnnendations which will allow for a January 1 implementation if a rate in=ease is needed. 7. The Council pursue various issues with the Metropolitan Waste Control Commission (MWCC). water utility - The utilities SUbcommittee reconunends to Council to consider in=easing water utility rates by $.44/1000 gallons beginning with the second quarter of 1992. The current charge for water is $1.27/1000 gallons. The current rni.n:irnum charge for water is $14.50 per quarter. The proposed $.44/1000 gallons in=ease, would in=ease these numbers to $1. 71/1000 gallons and $19.58 per quarter for the rni.n:irnum charge. An individual paying the minimum charge would pay an additional $5.08 per quarter or $20.32 per year. .