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Second Reading Amendments Ordinance No. 1791, Series 2020 is revised to read as follows (amendments are shown in bold underline and boldstrilreou4): ORDINANCE NO. 1791 SERIES 2020 AN ORDINANCE AMENDING VARIOUS PROVISIONS OF THE LOUISVILLE MUNICIPAL CODE REGARDING WATER AND SEWER TAP FEES WHEREAS, the City Council is authorized by the Louisville Home Rule Charter and state law, including but not limited to Charter Section 13-2 and C.R.S. §§ 31-15-708 and 31-35-101 et se ., to regulate the use of the City water system, to establish the requirements for use of such system, and to from time to time fix, establish, maintain, and provide for the collection of rates, fees, and charges for water services furnished by the City; and WHEREAS, the City Council has determined that dedication and conveyance of water rights to the City may be considered in lieu of cash payment of the water resources portion of the tap fee; and WHEREAS, the City Council has determined that it is appropriate to revise certain provisions of the Louisville Municipal Code regarding water and sewer tap fees as set forth herein. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LOUISVILLE, COLORADO: Section 1. Section 13.12.040.A of the Louisville Municipal Code is hereby amended to read as follows (words added are underlined; words deleted are sue): A. Except as set forth in subsection E below, the The tap fee shall be computed by reference to the provisions of this chapter and set forth in a table of fees established by the city manager. The city manager shall by order enacted and effective on the effective date of Ordinance No. 1633, Series 2013, and thereafter on January 1 of each year, establish a table of city water tap fees. Section 2. Section 13.12.040 of the Louisville Municipal Code is hereby amended by the addition of a new subsection E to read as follows: E. iftheThe city manager or superintendent may, in their discretion, consider and accept the dedication and conveyance of a water right to the city, as set forth in this subsection E, in lieu of cash payment for water resources and water supply. Under this subsection E, a water right means a decreed right to use, in accordance with priority, a certain portion of the waters of the state by reason of the appropriation of the same and includes both direct flow and storage rights. Bads --the Ordinance No. 1791, Series 2020 Page 1 of 3