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History and Why <br />History <br />•City investigated funding options in 2006 <br />•City considered a utility fee in 2010 when initial study <br />was completed <br />•2021 study (currently) to further evaluate the funding <br />needs and options for implementing a utility fee <br />Why a fee, and why now? <br />•To have a fund dedicated for the operation and <br />maintenance of the City stormwater system <br />•Much of this infrastructure was installed 25+ years <br />ago and requires maintenance and upgrades <br />3