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CITY OF CENTERVILLE <br />REQUEST FOR <br />COUNCIL ACTION <br />Agenda Item # Department: Requested Council Meeting Date: <br />January 13, 2021 <br />Administration <br />IX.6 <br />TITLE OF ISSUE: <br />Business Water Hook-up Assistance Program <br />BACKGROUND AND SUPPLEMENTAL INFORMATION: <br />In an effort to assist our business community during this difficult economic situation brought on by COVID-19, <br />staff is suggesting offering a 50% discount on city Water Access and Lateral Benefit Charges for businesses not <br />currently hooked to city water. Current WAC and Lateral Benefit fees are: <br />WAC - $1850/residential equivalent unit (REU); $925/REU @50% discount <br />Lateral Benefit fee - $8,000/parcel; $4,000/parcel @50% discount <br />We believe there are several businesses that would take advantage of this program. <br />This program would help promote the city's goal of having all businesses and residents hooked to city water and <br />could encourage investment in our existing businesses. The water fund is healthy and could absorb the impact <br />of these discounted rates. Costs could be assessed to the property, by agreement. <br />COST AND SOURCE(S) OF FUNDING: <br />Loss of potential connection fee revenue; Water Utility <br />REQUESTED COUNCIL ACTION: <br />Motion to authorize the discount of WAC and Lateral Benefit fees for businesses that hook to city water prior to <br />December 31, 2021. <br />SUPPORTED DOCUMENTS ATTACHED <br />Motion By: ____________________________________ <br /> Resolution Ordinance Contract Minutes Plan Map <br />Second By: ____________________________________ <br />Vote Record: Aye Nay <br /> _____ <br />_____ <br />Other (specify) ____________ <br /> _____ _____ <br />_____ <br /> _____ <br />_______________________________________________________________ <br /> _____ _____Ki <br /> _____ ____________________________________________________________________ <br />Administration Department Use: <br />Refer to: _________________________________ <br />Consent <br /> Tabled Until: ______________________________ <br /> Regular <br /> Other: ___________________________________ <br /> <br />