Loading...
HomeMy WebLinkAbout2004-018-02/03/2004-DIRECTING THE CITY MANAGER TO DEVELOP A MODIFIED 4-TIER RATE STRUCTURE FOR RESIDENTIAL WATER CUSTOME RESOLUTION 2004-018 OF THE COUNCIL OF THE CITY OF FORT COLLINS DIRECTING THE CITY MANAGER TO DEVELOP A MODIFIED 4-TIER RATE STRUCTURE FOR RESIDENTIAL WATER CUSTOMERS WHEREAS, the City Council is empowered and directed by Article XII, Section 6, of the Charter of the City of Fort Collins, Colorado, to by ordinance from time to time fix, establish, maintain and provide for the collection of such rates, fees or charges for utility services furnished by the City as will produce revenues sufficient to pay the costs, expenses and other obligations of the water utility, as set forth therein; and WHEREAS,on November 19,2002,the City Council adopted on second reading Ordinance No. 166, 2002, approving a tiered water rate structure for 2003, and adopting City Code provisions in Chapter 26, Article III, Division 4, to implement that structure; and WHEREAS, the City Council studied alternative rate options for residential and duplex customers at its December 9, 2003 study session and has determined that it would like to consider the use of a 4-tier inclining rate structure for single family and duplex residential water customers modified from the current rates so as to reduce the percentage increase between tiers from the current structure; and WHEREAS,pending the presentation of detailed information regarding such a rate structure and its implications, and City Council action to enact a revised rate structure, the tiered water rates that were put in place for 2003 as currently set out in Chapter 26,Article III,Division 4 of the City Code will remain in effect; and WHEREAS,City staff anticipates that final details of such a rate structure will be available for Council consideration at its meeting on March 2, 2004, so that it would be practicable to implement new rates, if enacted in March, as of May 1, 2004. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS that the City Manager is hereby directed to develop and present to the City Council for consideration at its regular meeting on March 2, 2004, an ordinance providing for enactment of a 4- tier inclining rate structure for single family and duplex residential water customers modified from the current rates so as to reduce the percentage increase between tiers from the current structure. Passed and adopted this 3rd day of February, A.D. 2004. Mayor ATTEST: City Clerk