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and set a public hearing for December 20, 1988. <br />Motion passed E.-0. <br />ORDINANCE #976, SERIES 1988 - AMENDMENT TO MUNICIPAL CODE REGARDING <br />WATER RATES AND WATER TAP FEES - 1ST READING - <br />SET PUBLIC HEARING Williamson read by title only Ordinance #976, <br />"An Ordinance amending Title 13 of the <br />Louisville Municipal Code concerning Fees for <br />water taps and water service rates. <br />Phare explained that as part of the 1989 budget <br />review process, the Public Works Department <br />examined historic and projected revenue and <br />expense for the: City's water and sewer <br />enterprise funds. After the initial review, a <br />more detailed analysis was conducted in order <br />to prepare multi-year plans for water and sewer <br />user and tap fees. Based upon this analysis, <br />City Staff is recommending increases in water <br />and sewer tap fees and user fees to provide <br />adequate revenues to the Water and Sewer <br />Enterprise funds. <br />The proposed water rates are estimated to <br />provide for a 1..3~ operating contingency and/or <br />depreciation allowance. Highlights of the <br />rates for 1989 include increasing the minimum <br />base rate from $8.10 to $8.30 and compromises a <br />2 1/2$ increase:. This rate increase affects <br />users in proportion consumption. <br />Staff also recommends that water tap fees be <br />increased annually by 3$ in each of the next <br />five years. <br />Sackett moved a.nd Carnival seconded to set <br />Ordinance #976 out for publication and a set a <br />public hearing for December 20, 1988. Motion <br />passed 6-0. <br />ORDINANCE #977, SERIES 1988 - AMENDMENT TO MUNICIPAL CODE REGARDING <br />SEWER RATES, SEWER TAP FEES AND SEWER ASSESSMENT FEE - 1ST READING - <br />SET PUBLIC HEARING Williamson read. by title only Ordinance #977, <br />"An Ordinance amending Title 13 of the <br />Louisville Municipal Code concerning fees for <br />sewer taps and sewer service rates and creating <br />an assessment for bond retirement." <br />Phare explained. that review of the sewer rates <br />indicates that additional revenue beyond <br />existing tap fee and 0&M charges are warranted. <br />Staff is proposing a $.75 per month increase in <br />the base residential rate from $6.80 to $7.55. <br />The proposed ordinance also contemplates <br />additional increases in 1990 of $.50 per <br />3 <br />