HomeMy WebLinkAboutCC Res 2927 1979-11-12
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RESOLUTION NUMBER ;2 7 .2"7
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A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF SEAL BEACH, CALIFORNIA, ESTABLISHING WATER
SERVICE RATES AND RESCINDING RESOLUTION
NUMBER 2855.
THE CITY COUNCIL OF THE CITY OF SEAL BEACH DOES HEREBY RESOLVE:
WHEREAS, Section 26-8 of the Code of the City of Seal Beach does provide
that minimum monthly rates for water service, a specified
quantity of water to be furnished with the minimum monthly rate,
and additional charge for water used in excess of said specified
quantity of water be established and fixed by resolution.
NOW, THEREFORE, BE IT RESOLVED that the following water service rates
are hereby established and fixed as follows:
1, Where water is furnished through a meter, the monthly
minimum rate to be charged for each meter installed
shall be Three Dollars and Fifty Cents ($3.50).
2. The monthly minimum rate to be charged for water
furnished through meters shall be for the use of the first
seven hundred cubic feet (700 c.f.). or part thereof.
of water furnished through such meter.
3. All water furnished through each meter in excess of the
first seven hundred cubic feet (700 c.f.) shall have an
additional charge of fifty cents ($0.50)'for each
additional one hundred cubic feet (100 c.f.) or part
thereof, for the next one million cubic feet (1,000.000 c.f.)
and forty-five cents ($0.45) for each additional one hundred
cubi c feet (100 c.f,) above the fi rst one mi 11 i on seven
hundred cubic feet (1,000.700 c.f.).
BE IT FURTHER RESOLVED that Resolution N ber 2855 is hereby rescinded.
and that the aforementioned water rate~ d quantities set forth shall
become effective on the /.Jt day of . 1980; and
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BE IT FURTIlER RESOLVED that future water service rates shall be established
in the following manner:
1. By October 1, 1980. and each succeeding year. the City Manager
shall have prepared a Water Utility Financial Report that shall
be an accounting of the revenues and expenditures for the past
fiscal year ending June 30th. Based upon the Water Utility
Financial Report, the City Manager shall establish water service
rates that will provide sufficient funds for annual capital
improvements and maintenance of the water system. The water
service rates shall provide water revenues in an amount which
will exceed total expenditures for the last fiscal year by
twenty percent (20%) of total expenditures. Total expenditures
shall include, but not be limited to. ooerational and administrative
expense, capital outlay, bond debt service, and loan repayments.
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Page Two - Resolution Number
02tJo? 7
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2. By October 15. 1980. and each succeeding year, the City
Manager shall submit the Water Utility Financial Report
and proposed water service rates to the City Council for
their review and approval.
3. By December 1, 1980, and each succeeding year, the City
Manager shall notify the public of the new water service
rates.
4. On January 1, 1981. and each succeeding year, the new
water service rates shall become effective.
PASSED, APPROVED and ADOPTED by the City Council of the ~jty of Seal
Be~~~~eting thereof held on the ;I~~ day of
~ ,1 9, by the following vote:
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AYES:
NOES:
ABSENT:
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Mayd'"r
A TT!::ST: