HomeMy WebLinkAbout2007 02_OPWA_Increase Water Rates_2007.05.01OWASSO PUBLIC WORKS AUTHORITY
OWASSO, OKLAHOMA
RESOLUTION NUMBER 2007-02
A RESOLUTION OF THE OWASSO PUBLIC WORKS AUTHORITY
ADOPTING RATES FOR WATER SERVICE WITHIN AND WITHOUT
THE CORPORATE LIMITS OF THE CITY OF OWASSO,
EARMARKING REVENUES; AND ESTABLISHING EFFECTIVE
DATES.
WHEREAS, the Owasso Public Works Authority ("Authority") desires to establish
the following rates for the provision of water service effective October 1, 2007:
Base Rate Rate for usage
For usage of of each additional
0-1000 gallons 1000 gallons
Users inside the corporate limits,
as well as those customers of Rural Water $9.18 $3.89
District #3 Rogers County acquired
November 1, 1993
Users outside the corporate limits $11.02 $4.67
WHEREAS, the Owasso Public Works Authority ("Authority") desires to establish
the following rates for the provision of water service effective October 1, 2008:
Base Rate Rate for usage
For usage of of each additional
1-1000 gallons 1000 gallons
Users inside the corporate limits,
as well as those customers of Rural Water $10.46 $3.89
District #3 Rogers County acquired
November 1, 1993
Users outside the corporate limits $12.55 $4.67
WHEREAS, The Authority desires to segregate and earmark certain revenues
generated by the referenced water rate ("Earmarked Revenues") as follows:
Minimum charge per month $1.00
Each additional 1000 gallons $.28
BE IT RESOLVED BY THE TRUSTEES OF THE OWASSO PUBLIC WORKS
AUTHORITY THAT:
SECTION ONE: From and after the effective date of this Resolution (as hereinafter set
forth), the charge 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. 892 of the City of
Owasso, Oklahoma ("City").
SECTION TWO: The Earmarked Revenues (as defined) 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 the indebtedness pertaining
thereto.
SECTION THREE: The water rates established pursuant to the Resolution shall become
effective with the first utility billing cycle in October 2007 and October
2008 respectively.
APPROVED AND ADOPTED this 1S` day of May, 2007 by the Trustees of the
Owasso Pu~U~I'lfiik~~luthority.
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APPROVED AS FORM:
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Julie ombar i, Authority Attorney
Chairperson
MEMORANDUM
TO: THE HONORABLE CHAIR AND TRUSTEES
OWASSO PUBLIC WORKS AUTHORITY
FROM: TIMOTHY D. ROONEY
ASSISTANT CITY MANAGER
SUBJECT: OPWA RESOLUTION NO. 2007-02
OPWA RESOLUTION NO. 2007-03
OPWA RESOLUTION NO. 2007-04
ESTABLISHING WATER, SEWER, AND REFUSE RATES
DATE: April 26, 2007
BACKGROUND:
At the April 17, 2007 regular meeting, the Owasso City Council reviewed and approved rate
and fee adjustments for the services provided by the City of Owasso and the Owasso Public
Works Authority. The rates and fee adjustments recommended by staff were the result of a
comprehensive review beginning in November of 2006.
Several of the approved rate increases require formal action by the Owasso Public Works
Authority, the Owasso City Council, or both. In the case of all utility rate adjustments -
water, sewer, and refuse, it is necessary for the OPWA Trustees to formally adopt the planned
rate increases via Resolution.
OPWA Resolution No, 2007-02, 2007-03, and 2007-04 would formally adopt the rate
increases approved by the City Council at the April 17, 2007 meeting.
ADDITIONAL COMMENTS:
If adopted by the OPWA Trustees, the effective date of the rate increases would be October 1,
2007 and October 1, 2008 respectively.
RECOMMENDATION:
The staff recommends Trustee adoption of OPWA Resolution No. 2007-02, 2007-03, and 2007-
04.
ATTACHMENTS:
1. OPWA Resolution No. 2007-02
2. OPWA Resolution No. 2007-03
3. OPWA Resolution No. 2007-04