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HomeMy WebLinkAbout2014-095-10/14/2014-DIRECTING THE CITY MANAGER TO REVIEW FUNDING FOR UTILITIES CAPITAL IMPROVEMENTS, INCLUDING UTILITIES RESOLUTION 2014-095 OF THE COUNCIL OF THE CITY OF FORT COLLINS DIRECTING THE CITY MANAGER TO REVIEW FUNDING FOR UTILITIES CAPITAL IMPROVEMENTS, INCLUDING UTILITIES PLANT INVESTMENT FEES AND OTHER RELATED MATTERS, AND REPORT THE RESULTS OF THAT REVIEW FOR FURTHER COUNCIL CONSIDERATION WHEREAS, the City Council is empowered and directed by Article XII, Section 6, of the City Charter to 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 electric utility, as set forth therein; and WHEREAS, the City Council has determined that it is appropriate for new development to contribute its proportionate share of providing capital improvements; and WHEREAS, Section 26-120 of the City Code requires that the water development fees be reviewed annually by the City Manager and that the fees be presented to the City Council for approval no less than biennially; and WHEREAS, Section 26-283 of the City Code requires that the wastewater development fees be reviewed annually by the City Manager and that the fees be presented to the City Council for approval no less than biennially; and WHEREAS, Section 26-473 of the City Code requires that the electric development fees be reviewed annually by the City Manager and that the fees be presented to the City Council for approval no less than biennially; and WHEREAS, Section 26-511(a) of the City Code requires that the stormwater development fees be reviewed annually by the City Manager and that the fees be presented to the City Council for approval no less than biennially; and WHEREAS, some capital improvements for Utilities have not historically been included in the development fees established for the City's Water Utility, Wastewater Utility, Electric Utility, or Stormwater Utility; and WHEREAS, in connection with Council consideration of a proposed new Utilities administration building, the Council has expressed a desire to consider whether similar capital improvements could be funded through the development fees imposed by Utilities; and WHEREAS, in addition, the Council has also expressed interest in reviewing the plans and expectations for future funding of Utilities capital improvements generally, and the information available to Utilities customers regarding the ongoing funding of Utilities improvements; and WHEREAS, in order to consider and evaluate potential need for changes in connection with the matters described above, the Council has directed that the City Manager review and prepare reports and information for Council consideration as set forth herein. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS as follows: Section 1. That the City Manager is hereby directed to investigate the options for modifying the Utilities development fees to fund additional types of capital needs for the operation of Utilities, including administrative facilities and other facilities not currently included, and to report the results of this investigation to the City Council no later than March 24, 2015. Section 2. That the City Manager is hereby directed to investigate the options for modifying the Utilities billing system so as to increase the transparency associated with Utilities capital expenses by including' additional information on customer utility bills, and to report the results of this investigation to the City Council no later than April 28, 2015. Section 3. That the City Manager is hereby directed to evaluate the expected future rate impacts of funding the long-term capital improvements plans for each of the Utilities, and to report the results of this evaluation to the City Council no later than April 28, 2015. Passed and adopted at an adjourned meeting of the Council of the City of Fort Collins this 14th day of October, A.D. 2014. G��Y•OF . T Iv1; := yor ATTEST: n� '• °j City Clerk - 2 -