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HomeMy WebLinkAbout122 - 08/21/2001 - AMENDING CITY CODE RELATING TO FEES FOR RAW WATER REQUIREMENTS OF THE WATER UTILITY ORDINANCE NO. 122, 2001 OF THE COUNCIL OF THE CITY OF FORT COLLINS AMENDING CHAPTER 26 OF THE CODE OF THE CITY OF FORT COLLINS RELATING TO FEES FOR RAW WATER REQUIREMENTS OF THE WATER UTILITY WHEREAS,in order to satisfy the City's raw water requirements, developers have the option of paying a cash fee to satisfy those requirements or to provide the City with equivalent water rights; and WHEREAS, this cash fee, paid in-lieu-of water rights, is periodically adjusted to reflect the market price of water rights; and WHEREAS,the last adjustment in this fee was in August of 2000, when it was adjusted from $3,500 to $4,500 per acre foot; and WHEREAS, the City Code also provides that non-residential customers pay a surcharge on water use in excess of their annual allotment, which charge is based upon this cash fee; and WHEREAS, both of these increases are required due to the continued high price of acquiring local water shares or developing additional supplies. NOW THEREFORE BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS as follows: Section 1. That Section 26-129(c)(1)and(2)of the Code of the City of Fort Collins be, and hereby is, amended to read as follows: Sec. 26-129. Schedule D, miscellaneous fees and charges. (c) The fees and requirements for raw water shall be as follows: (1) To satisfy raw water requirements with in-lieu cash payments, the rate per acre-foot of RWR is sixty-five hundred dollars ($6,500.). (2) The surcharge for water used in excess of applicable annual allotment shall be three dollars and six cents ($3.06) per one thousand (1,000) gallons. Section 2. That the amendments recited herein shall become effective for all building permits issued by the City of Fort Collins and for all billings rendered by the Fort Collins Water Utility on or after September 1, 2001. Introduced, considered favorably on first reading, and ordered published this 17th day of July, A.D. 2001, and to be presented for final passage on the 21 st day of August, A.D. 2001. Mayor - A TEST: L I City Clerk ` Passed and adopted on final reading this 21 st day of August, A.D. 200 . i Mayor A TEST: City Clerk