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V <br />RESOLUTION NO. 1585 <br />CITY OF MOUNDS VIEW <br />COUNTY OF RAMSEY <br />STATE OF MINNESOTA <br />RESOLUTION ADOPTING THE 1983 WATER AND SEWER UTILITY <br />BUDGETS AND INCREASING WATER AND SEWER RATES <br />WHEREAS, the City Council did hold a public hearing on the <br />1983 Water and Sewer Utility Budgets and Rates on March 28, 1983; <br />and <br />WHEREAS, the City of Mounds View is authorized to establish <br />water and sewer rates; and <br />WHEREAS, the City Council has determined that it is necessary <br />that the City increase its water and sewer rates in order to meet <br />current operating expenses and fund the recommendations of the 1983 <br />Water and Sewer Gystcmc Maintenance and ra.nital improvement Program. <br />NOW, THEREFORE, BE IT RESOLVED by the City Council of the <br />City of Mounds View that: <br />1. The Water Utility Budget for calendar year 1983 shall <br />be as follows: <br />Water Sales <br />PenalLies 5 Intcrest <br />Connection Fees <br />Permits <br />Other Revenue <br />TOTAL REVENUES <br />Operations <br />Deoreciation <br />Contingency <br />Maintenance <br />Debt Service <br />TOTAL EXPENSES <br />INCOME <br />REVENUES <br />EXPENSES <br />$263,200.00 <br />11,J00.00 <br />3,320.00 <br />49,000.00 <br />750.00 <br />$328,270.00 <br />$229,793.00 <br />9,52J.00 <br />15,000.00 <br />42,500.00 <br />23,458.00 <br />$320,276.00 <br />$ 7,994.00 <br />