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City Council <br /> Meeting Minutes <br /> December 7, 2010 <br /> Page 6 of 10 <br /> RESOLUTION No. 74, SERIES 2010 A RESOLUTION ESTABLISHING WATER, <br /> WASTEWATER AND STORM WATER UTILITY RATES EFFECTIVE JANUARY 1, <br /> 2011 FOR THE CITY OF LOUISVILLE, COLORADO <br /> Mayor Sisk requested a Staff presentation <br /> City Manager Fleming explained Resolution No.74, Series 2010 sets water, wastewater, <br /> and storm water utility rates for 2011. Staff proposed a 5.0% increase in water rates and <br /> a 5.0% increase in wastewater rates, effective January 1, 2011. Staff also proposed a <br /> 25 -cent increase in monthly storm water fees for single family accounts and a <br /> proportionate increase for all other accounts, effective January 1, 2011. <br /> Recommendations were based on discussions by the Water Committee and through the <br /> 2011 budget process. The key reason to increase rates is to provide the necessary <br /> funding to balance the five -year operating and capital budget for the Combined Utility <br /> Fund. There are over $10 million in identified utility capital projects the City cannot <br /> currently afford. Additionally some elements are difficult or impossible to control such as <br /> the cost of electricity; chemical costs and wages and benefits. <br /> PUBLIC COMMENTS <br /> Michael Menaker, 1827 W. Choke Cherry Drive, Louisville, CO suggested a substantial <br /> increase in utility rates in lieu of annually requesting increases. <br /> Councilors noted over the last several years there has been several rate increases in <br /> the cost of living. He noted the water committee recommended the 5% increase and <br /> the Finance Committee reviewed and agreed with the increase. It was noted the City of <br /> Louisville's water rates are one of the lowest rates in the state and additional rate <br /> studies will be completed in 2011, which will inform Council on the need for further rate <br /> increases. <br /> MOTION: Councilor Yarnell moved to approve Resolution No. 74, Series 2010, <br /> seconded by Mayor Pro Tem Marsella. Roll call vote was taken. The motion carried by <br /> a vote of 7 -0. <br /> APPROVE SOLAR POWER EQUIPMENT LEASE <br /> Mayor Sisk requested a City Attorney introduction. <br /> City Attorney Light read Ordinance No. 1584, Series 2010 and reviewed Resolution No. <br /> 75, Series 2010 and Resolution 76, Series 2010, all of which authorize agreements for <br /> leasing and installing solar power equipment. <br /> Mayor Sisk requested a Staff presentation on all three agenda items. <br />