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HomeMy WebLinkAbout041 - 03/21/2017 - ESTABLISHING RENTAL RATES AND DELIVERY CHARGES FOR USE OF THE CITY'S RAW WATER FOR 2017 (3)ORDINANCE NO. 041, 2017 OF THE COUNCIL OF THE CITY OF FORT COLLINS ESTABLISHING RENTAL RATES AND DELIVERY CHARGES FOR USE OF THE CITY'S RAW WATER FOR 2017 WHEREAS, pursuant to Article XII, Section 4 of the City Charter, if at any time the water supply is greater than the immediate needs of the City and its inhabitants, the City Council may authorize the City Manager to permit the use of such surplus water by consumers outside the City at such rates as the City Council may prescribe, provided that no vested right shall accrue under such permits; and WHEREAS, pursuant to Article XII, Section 6 of the City Charter, the City Council shall by ordinance from time to time fix, establish, maintain, and provide for the collection of such rates, fees, or charges for water furnished by the City as will produce revenues sufficient to pay the cost of operation and maintenance of the City's utilities in good repair and working order and to provide and maintain an adequate working capital fund for the day-to-day business operations of the utilities; and WHEREAS, the Water Board discussed the rental program and the rates on February 16, 2017, and recommended that the rental rates and delivery charges set forth herein be prescribed; and i WHEREAS, City staff and the Water Board have made a recommendation to City Council regarding rental rates of surplus raw water for 2017, as set forth in the following table, to be made available to persons outside the City or persons who have not been deemed to have satisfied the City's raw water requirements: RATES FOR RENTALS OF SURPLUS RAW WATER Type of Water Rate Per Acre Foot North Poudre Irrigation Company (NPIC): $15.00 per acre foot Early Agricultural Use Water NPIC: Seasonal Agricultural Use and Multiple (Annual Assessment for 2017 / (Sum of Use Water Allocation of Seasonal Agricultural Use and Multiple Use Water per share)) + $2.00 per acre foot Colorado-Big Thompson Water from the Rate for NPIC: Seasonal Agricultural Use and Northern Colorado Water Conservancy District Multiple Use Water + any NCWCD transfer NCWCD) fees calculated at the time of transfer Reusable/Other"Fully Consumable" Sources $600.00.per acre foot Type of Water Rate Per Share Water Supply and Storage Company Annual Assessment for 2017 + $1,000.00 share and 1- WHEREAS, City staff and the Water Board have made a recommendation to City Council regarding raw water delivery charges for 2017, as set forth in the following table, to be made available to persons deemed to have satisfied the City's raw water requirements: RAW WATER DELIVERY CHARGES Type of Water Rate Per Share Arthur Irrigation Company 110% of Annual Assessment for 2017 Larimer County Canal No. 2 Irrigating 110% of Annual Assessment for 2017 Company New Mercer Ditch Company 110% of Annual Assessment for 2017 Pleasant Valley and Lake Canal Company 110% of Annual Assessment for 2017 Warren Lake Reservoir Company 110% of Annual Assessment for 2017 Sherwood Reservoir Company 110% of Annual Assessment for 2017 Sherwood Irrigation Company 110% of Annual Assessment for 2017 Type of Water Rate Per Acre Foot Reusable Other "Fully Consumable" Sources $120.00 per acre foot and WHEREAS, the rental rates and delivery charges will be rounded.up to the nearest dollar, when necessary; and WHEREAS, the rental rates and delivery charges will be adjusted by City staff, as necessary, to reflect the remaining yield or the prevalent market price of the water or shares being rented in order to prevent undue economic loss to the City; and WHEREAS, City Council finds that the rates set forth herein are appropriate and will provide revenues sufficient to pay the cost of operation and maintenance of the City's utilities in good repair and working order and to provide and maintain an adequate working capital fund for the day-to-day business operations of the utilities. NOW, THEREFORE, BE ITS ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS as follows: Section 1. That the City Council hereby makes and adopts the determinations and findings contained in the recitals set forth above. Section 2. That the rental rates and delivery charges set forth above are hereby approved as the City's rental rates and delivery charges for 2017. Section 3. The City Manager and,the Utilities Executive Director are authorized to rent or deliver such raw water at the rental rates and delivery charges set forth above, provided that the rental rates and delivery charges set forth above may be adjusted by the Utilities Executive Director as he determines necessary to reflect the remaining yield for the prevalent market price of the water or shares being rented in order to prevent undue economic loss to the City. 2- Introduced, considered favorably on first reading, and ordered published this 7th day of March, A.D. 2017, and to be presented for final passage on the 21st day of March, A.D. 2017. 04 CRT CG{! a';: L yVor ATTEST: Of SEAL IN D 1 LGRFGO City Clerk Passed and adopted on final reading on the 21th day of March, A.D. 2017. Mayor ATTEST: L OLO City Clerk 3-