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City Council Agenda and Packet 2019 12 17
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City Council Agenda and Packet 2019 12 17
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City Council <br />Meeting Minutes <br />November 25, 2019 <br />Page 3 of 6 <br />Councilmember Lipton asked how this lines up with the Comp Plan. Director Kowar stated <br />it is aligned with the Comp Plan. Councilmember Lipton stated he thought population <br />growth in the Comp Plan was not estimated to go up that much and Council can control <br />things such as landscaping and other options to reduce water use. Director Kowar stated <br />the City can do that, but our current regulations don't require that. Mayor Pro Tem <br />Maloney stated that is a policy decision Council could make. <br />Mayor Stolzmann stated the Utility Rate Task Force did discuss this, but felt regulations <br />could be an over reach. She added the Council would have to decide how people should <br />use their water and that discussion wasn't where we wanted to go. <br />Councilmember Lipton stated now with water costing what it does, we should have to <br />address this. There should be ways to incentivize less use. <br />Mayor Pro Tem Maloney stated it is difficult not to discuss water rates with tap rates. We <br />have a pay as you go system for rates. But with tap fees it is different as it includes the <br />cost of transporting and producing water. <br />Director Kowar noted the plan is based on 6700 acre feet. Staff follows drought conditions <br />and watches water demand. He noted how water would be affected by a multiple year <br />drought and what options would be available to the City to implement. He added climate <br />change will likely affect all this planning as well as storage and outdoor water usage. <br />Director Kowar reviewed the model currently used for setting the water use rates and the <br />options the City has for financing options: Pay as you go, debt financing, tap fees; and up- <br />front costs provided by the project. <br />Director Kowar reviewed finances and how debt affects water rates. More debt may drive <br />rates up too high. <br />Director Kowar reviewed the tap fee methodology. Equity method: Achieve capital equity <br />between new and existing customers. Assess new customers a fee to approximate the <br />equity or debt -free investment position of current customers. The financial goal is to <br />achieve a level of equity from new customers by collecting a fee representative of the <br />average equity attributable to existing customers. <br />Incremental Cost Method: New development paying for the incremental cost of the <br />system capacity needed to serve the new development. This approach mitigates the cost <br />impact of new growth on existing customers' user rates. Charge a fee for new customers <br />sufficient to allow customer user rates to be revenue neutral with respect to growth of the <br />system. This includes allowing developers to bring their own water to the table at <br />development time. It would have to be Marshall water or CBT for us to accept it. <br />He reviewed the cost of water acquisition noting the cost has increased significantly and <br />we are competing against all of our neighbors for the same CBT water. <br />30 <br />
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