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RESOLUTION NO. 1585 <br />Page Two <br />2. Effective with the billing for the first quarter of <br />water consumption in 1983 the water rate will be <br />70C per 1,000 gallons. <br />3. The Sewer Utility Budget for calendar year 1983 <br />shall be as follows: <br />REVENUES <br />Sewer Use Fees (Operations) <br />$530,992.00 <br />Sewer Use Fees (Maintenance) <br />33,187.00 <br />Connection Fees <br />500.00 <br />Permits <br />450.00 <br />Investment Income <br />3,500.00 <br />Other Revenue <br />712.00 <br />TOTAL REVENUES $569,341.00 <br />EXPENSES <br />Operations - MWCC, <br />$354,754.00 <br />Operations - City <br />127,377.00 <br />Depreciation <br />19,600.00 <br />Debt Service (Bonds) <br />13,650.00 <br />Contingency <br />15,000.00 <br />Maintenance <br />33,187.00 <br />TOTAL EXPENSES $563,568.00 <br />INCOME $ 5,773.00 <br />4. Effective with the billing for the first quarter of <br />sewer usage in 1963 the sewer rate will be $29.75 <br />per REC (Residential Equivalent Connection) per <br />quarter. <br />Adopted this 28th day of March, 1983. <br />ATTEST: <br />Mayor <br />(SEAL) <br />Clerk -Administrator <br />