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HomeMy WebLinkAbout77-48S CITY OF LAKEVILLE RESOLUTION Date: August 1, 1977 Resolution No. 77-48 Sewer area charge $300/acre $300/acre Motion by Zaun Seconded by Emond RESOLUTION ESTABLISHING SPECIAL ASSESSMENT UNIT AND AREA CHARGES WHEREAS, the revenue from sewer area, water unit and sewer unit charges are used to retire bonds issued to finance the sewer and water trunk system, and and WHEREAS, the rate structure has not been increased since June 3, 1974, WHEREAS, an increase in the area and unit charges are necessary to pursue the financial stability of the trunk fund. NOW, THEREFORE, BE IT RESOLVED, the following rates shall become effec- tive on the dates as shown on the rate schedule below. SEWER AND WATER AVAILABILITY RATE SCHEDULE 8/1/77 1/1/78 1/1/79 1/1/80 Sewer area charge $300/acre $300/acre $340/acre $380/acre Sewer unit charge $300/unit $385/unit $425/unit $460/unit Water unit charge $300/unit $500/unit $560/unit $625/unit 1. The above rates are to be used for any assessments levied, or for any connection permits issued after the above dates for a parcel of property or structure which has not been previously assessed the area or unit charges. 2. The City Administrator and Finance Director shall make an annual report to the City Council on the rate schedule and financial condition of the Utility Trunk Fund. ADOPTED this lst day of August, 1977. ATTEST: Patrick E. McGarvey, City Clerk Edward J. Mako, jAyor