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discounted present value for the fee of a new resident to pay for <br />the old residents water plant that has never been paid for. He <br />told Council that their responsibility as public officials <br />outweighs everything else and that they got elected on a platform <br />of open government. He stated that if they truly intend to <br />separate themselves from policies of the past and open this <br />government to professional scrutiny, the only way they can <br />accomplish this within the context of the fees that they are <br />proposing is that they begin a professional rate study. <br /> <br />Steve Wilson, 1400 South Emerson, Denver, CO, representing the <br />Homebuilder's Association of Metropolitan Denver, spoke concerning <br />differential rates depending on housing types, single family, <br />apartments, condominiums, or townhouses. He had done some research <br />on that and found that the proposal that Council is now <br />considering, in terms of a ratio between the housing types and the <br />fee, is one that is accepted pretty much nation wide, in term of <br />peak water use demands and differential rates. He stated that <br />tonight he was speaking in opposition of this ordinance. He <br />requested that the adoption of this ordinance be delayed until a <br />professional rate study is completed, which supports fair and <br />reasonable fees and that the study is done in a manner that is <br />consistent with accepted standards and practices for such studies. <br />He stated that the builders involved in Louisville today are <br />willing to share in the cost of doing such a rate study. The <br />studies can be costly ($25, $30, or $50,000.00) and take a long <br />time. He stated that McLaughlin, a water rate study professional, <br />stated that using the numbers that the City has at their hand and <br />plu.gging them into the type of study thathas been discussed, the <br />contract would be between $5,000.00 and $10,000.00. <br /> <br />Davidson called for anyone else in the audience who wished to speak <br />in favor or against Ordinance No. 1082. <br /> <br />NONE <br /> <br />Davidson closed the Public Hearing and asked for Council comments <br />and. questions. <br /> <br />Mayer: <br /> <br />I feel this Council has bent over <br />backwards in trying to listen to all <br />sides of this and made significant <br />changes from the original proposal. <br />In this past year we've probably <br />built 8% of the homes in the City. <br />At the rate that we're building, all <br />of the annexed land will be gone in <br />several years. I didn't hear any <br />major objections from the builders <br />when water rates were raised 12% <br />this year. Water rates will be <br />raised by 12% again next year. Last <br /> <br />14 <br /> <br /> <br />