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<br /> I <br /> Memorandum, Utility Rate Recommendations e <br /> Page TWo. -~._-.__..-_._-------._------------ <br /> December 10,1998 <br /> Staff suggests that Council consIder pliaslngin a.17% pricelrii:reaseover three (3)years to <br /> accomplish this objective. Such a pricing strategy could be accomplished in the following <br /> marmer: <br /> 1998 3-Year Rate Phase-In <br /> Base 1222 2000 ~ <br /> Proposed Residential $53.95 $52.95 $51.95 $51.95 <br /> Proposed Senior 26.95 29,95 31.95 34.95 <br /> Senior/Residential % 50% 57% 61% 67% <br /> Surface Water Management (SWM) (Fund No. 604) <br /> This utility is faced with increasing pressures to cost participate in Pavement Management <br /> Program (PMP) reconstruction projects as SWM systems are introduced, Future plarmed projects <br /> will exhaust the reserves of this enterprise. <br /> Staff Recommendations . <br /> Staff is recommending approval of the attached Schedule A containing the proposed 1999 utility <br /> rates with a 3.0% increase in the water rates, a 2,0% decrease in sanitary sewer rates for both <br /> residential and non-residential customers excepting for an 11.1 % increase ($12,00 per year) for <br /> senior rate sewer customers. Staff is also recommending a 2,5% increase in storm drainage <br /> (SWM) rates for 1999. <br /> The impact of these recommendations would be a net change to the average armual residential <br /> utility bill for 1999 of 0,2% ($,72) increase and a 6.1 % increase ($15.28) for senior rate <br /> customers. <br /> Council Action Reouested <br /> The City Council is asked to adopt Resolution #'s 98-78, 9-79, and 98-80 revising water, sanitary <br /> sewer and surface water management utility rates effective January I, 1999. <br /> e <br />