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CC PACKET 08231988
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CC PACKET 08231988
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12/30/2015 4:32:06 PM
Creation date
12/30/2015 4:31:36 PM
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SP Box #
18
SP Folder Name
CC PACKETS 1987-1989
SP Name
CC PACKET 08231988
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automatically went to $1 . 22 per ccf. This increase will show on <br /> the billing that customers will receive on about April 15. The <br /> additional increase needed to fund the Foss Road lift station • <br /> would require an ordinance raising the rates to a total of $1 . 32 <br /> per ccf . In order to sell any bonds for the reconstruction of <br /> the lift station, the City would have to demonstrate that the <br /> sewer rates are adequate to cover the debt service as well as the <br /> regular annual operating costs . <br /> RECOMMENDATION: The rate increase for the lift station does not <br /> have to go into effect on April 1 as do the water rates but the <br /> council may want to consider whether all the rates are increased <br /> at once or whether they are done separately. <br /> Both proposed ordinances will be available on Tuesday for your <br /> consideration. <br /> • <br />
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