City Council Minutes 2016 08 16 - Laserfiche WebLink

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City Council Meeting Minutes August 16, 2016 Page 8 of 12 place. City Attorney Light stated the interest can convert if the CEC can get an opinion that the interest that will remain can qualify as tax exempt. Mike Malone from the CEC stated that in five years after installation that the tax equity portion of the investment will have expired allowing for the change. This assumes no major tax laws change before then. Mayor Muckle asked for public comment, seeing none he closed the public hearing. MOTION: Councilmember Stolzmann moved to approve Ordinance 1726, Series 2016. Councilmember Loo seconded the motion. Roll call vote. All in favor. ORDINANCE NO. 1727, SERIES 2016 — AN ORDINANCE AMENDING SECTIONS 13.08.040 AND 13.08.180 AND SECTION 13.12.020 OF THE LOUISVILLE MUNICIPAL CODE REGARDING WATER SERVICE REGULATIONS AND WATER TAP FEES — 2nd Reading — Public Hearing Mayor Muckle called for a City Attorney introduction. City Attorney Light introduced Ordinance No. 1727, Series 2016. Mayor Muckle opened the public hearing and called for a staff presentation. Public Works Director Kowar stated the ordinance modifies three provisions of the Louisville Municipal Code amending Section's 13.08.040, Section 13.08.180 and Section 13.12.020.A regarding water service regulations and tap fees generally. The three revisions do the following: • Clean up the Code to clarify the City maintains service lines in the street to the curb stop and the customer maintains everything from the curb stop or the meter on to their property. • Gives some flexibility when approving where cross connections/backflow devices are installed so they are installed in the correct configuration and coincide with how the system is managed. • Updates how the City handles the installation of service lines placing more burden on developers at the time of construction. Director Kowar recommended the City Council approve Ordinance No. 1727, Series 2016. Mayor Muckle asked for public comment, seeing none he closed the public hearing. MOTION: Councilmember Keany moved to approve Ordinance No. 1727, Series 2016, seconded by Councilmember Loo. All in favor.