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Agenda Section: 7. — / : 10 <br /> nior <br /> OmDs <br /> REQUEST FOR COUNCIL CONSIDERATION Report Number: 92-236C <br /> STAFF REPORT Report Date: 4/21/92 <br /> ��Mj�,n Council Action: <br /> ❑ Special Order of Business <br /> K] Public Hearings <br /> CITY COUNCIL MEETING DATE APR TT, 27, 1 9 9 2 <br /> ❑ Consent Agenda <br /> ❑ Council Business <br /> Item Description: Street Light Utility Rates , Resolution No. 4216 <br /> Administrator's Review/Recommendation: <br /> - No comments to supplement this report ‘11N <br /> - Comments attached. <br /> Rxplanation/Summary {Attach snpptement sheets As necessary <br /> ,SUMMARY: <br /> On November 25, 1991, the Mounds View City Council passed ordinance No. 497 <br /> creating a street light utility for the City to operate, maintain and <br /> improve upon the lighting of City streets. Section IV of this ordinance <br /> sets out that the Council shall "establish rates for each property class" . <br /> For Council consideration, the proposed rates are: <br /> • RESIDENTIAL (includes single family homes, duplexes, fourplexes, <br /> condominiums and townhouses) $1.21/unit <br /> • APARTMENTS $4.82/acre <br /> • COMMERCIAL/INDUSTRIAL $5.48/acre <br /> • INSTITUTIONAL/CHARITABLE $5.48/acre <br /> /7(/r- 0014 <br /> Tim Cruikshank, Management Assistant <br /> RECOMMENDATION• <br /> Adopt Resolution No. 4216 approving 1992 Street Light Utility rates as <br /> proposed. <br />