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<br /> <br /> Memorandum <br /> <br /> <br />To: Honorable Mayor and City Council <br /> <br />From: Hannah Lynch, Finance Director <br /> <br />Date: August 9, 2021 <br /> <br />Re: Storm Water Utility <br /> <br /> <br />A Storm Water Utility Feasibility Report was prepared and presented by WSB and <br />Associates at the July 6, 2021 Work Session. <br /> <br />The report recommends establishing a quarterly fee of $12/parcel for residential parcels <br />and $175/acre of impervious for Commercial, Industrial, and Institutional uses. <br /> <br />Assuming the utility is adopted by Council, storm water management costs, currently <br />included in the City’s General Fund operating budget, would be shifted to the new utility. <br /> <br /> <br />119