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Anderson stated that •if the City funds <br /> depreciation which is financially prudent and we <br /> can take cars of some of the repairs and <br /> maintenance items that we're suffering on now for <br /> the future, at a 55% increase in one year, <br /> justifies in my mind that depreciation be funded <br /> and that impacts dramatically the amount of <br /> surplus thata projected off this rate increase and <br /> I see that it, not reallyia surplus of any <br /> magnitude at all, I would also like to point out <br /> w this its high time that dealt with his problem <br /> of deficit that we have funded tremendous suns of <br /> nosey over the years and its time that we begin to <br /> reverse the trend and wake things pay in the <br /> method they should pry.• Anderson felt that an <br /> average increase of $2 per month per household <br /> 'seems rather minuscule compared to the overall <br /> deficit Louisville is experiencing and I support <br /> this ordinance.* <br /> lsyaanski noted an error in Section 13.12.090 -- <br /> Metered Service. iris rate table for 0,001 - <br /> 14,000 should read 'plus $1.10 for mph additional <br /> 1,000 gallons (or fractions thereof7! Also, <br /> Szymanski questioned the language of the section <br /> referring to deposits. Staff determined that <br /> deposits are not oollected very often and the <br /> language will be studied by staff to see what if <br /> any new or better reference to deposits should be <br /> cads within the ordinance and brought beck to <br /> Council at second reading. <br /> Mayor Pauson raved that Ordinance 0914 be approved <br /> on First Reading and a Public Bearing be set for <br /> October 7, 1916. Anderson seconded. Motion <br /> approved 6-1 with Szymanski voting no. <br /> OPDI WWCM #915 - SOS =ASS PUE2A.S! AGRZIKMW - <br /> FIRST JADING Aautenstraus read by title only Ordinance 0915 'An <br /> Ordinance authorising that certain lease and <br /> agreement between Larimsr ]bquipaent Co., as Lessor <br /> and the City of Louisville, Colorado, as Lessee, <br /> in the aggregate principal amount of $10,201.39 <br /> and in connection with purchase of a tractor <br /> loader backboe providing for lease payments; and <br /> prescribing other details in connection <br /> therewith. Paraission is being sought to place <br /> the ordinance out for publication and a public <br /> hearing be held on September 16, 1916. <br /> sautenstraua explained that in order for the City <br /> to enter into a lease/purchase agreement for more <br /> than one year is by ordinance and historically the <br /> City of Louisville has held a public bearing on <br /> every ordinance that has come up. Mere is no <br /> 0 <br />