HomeMy WebLinkAbout2002 04_OPWA_Establish Water Rates_Earmarking Certain Revenues_2002.08.20
OW ASSO PUBLIC WORKS AUTHORITY
RESOLUTION NO 2002-04
A RESOLUTION OF THE TRUSTEES OF THE OW ASSO PUBLIC
WORKS AUTHORITY ADOPTING RATES FOR WATER SERVICE
WITHIN AND WITHOUT THE CORPORATE LIMITS OF THE CITY OF
OW ASSO, EARMARKING REVENUES; AND DECLARING AN
EFFECTIVE DATE.
to establish the
desires
("Authority")
WHEREAS, The Owasso Public Works Authority
following rates for the provision of water service:
Rate for
each additional
1000 gallons
Base rate
for usage of
1-1000 gallons
$3.35
$7.65
Users inside the corporate limits
as well as those customers of
Rural Water District #3 Rogers County
acquired November 1, 1993
$4.02
18
$9
revenues generated
limits
WHEREAS, The Authority desires to segregate and earmark certain
by the referenced water rate ("Earmarked Revenues") as follows
Users outside corporate
.00
.28
$1
$
Minimum charge per month
Each additional 1000 gallons
OF THE OW ASSO PUBLIC WORKS
BE IT RESOLVED BY THE TRUSTEES
AUTHORITY THAT:
SECTION ONE From and after the effective date of this Resolution (as hereinafter set
forth), the charges by the Authority for water services shall be adjusted in accordance with the
above-referenced recital paragraphs and as specifically codified pursuant to Ordinance No. 715
of the City of Owasso, Oklahoma ("City")
SECTION TWO The Earmarked Revenues (as defined above) shall be segregated and
said Earmarked Revenues shall be utilized for the sole purpose of (i) funding capital
improvement projects and associated costs of the City or the Authority and/or (ii) paying debt
service on indebtedness pertaining thereto
become
Resolution shall
SECTION THREE: The water rates established pursuant to this
effective for October 2002 as reflected by the November 2002 billing
Trustees of the
2002 by the
day of August,
20ll
this
APPROVED AND ADOPTED
Owass9: Works Authority
APPROVED AS TO FORM