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RESOLUTION 2019 - <br />RESOLUTION ADOPTING A PRO FORMA FINANCIAL GUIDE FOR WATER <br />AND SANITARY SEWER OPERATIONS FOR THE 2020 FISCAL YEAR AND <br />ESTABLISHING SERVICE RATES <br />WHEREAS, the Finance Department has developed a pro forma financial guide for <br />water and sanitary sewer operations for the 2020 fiscal year; and <br />WHEREAS, it is necessary to provide adequate revenue for water and sanitary sewer <br />operations as contained in the pro forma financial guide; and <br />WHEREAS, the water and sanitary sewer service rates recommended herein reflect <br />the true and actual expenses incurred by the city for the services being provided. <br />NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of <br />Hugo, Minnesota, as follows: <br />1. The pro forma financial guide for water and sanitary sewer operations for the <br />2020 fiscal year, attached hereto and made a part of this resolution, is hereby <br />approved. <br />2. The water and sanitary sewer service rates for the 2020 fiscal year, attached <br />hereto and made a part of this resolution, are hereby approved and shall remain in <br />effect until altered by resolution of the City Council or until otherwise altered by <br />law. <br />3. The Finance Department is hereby directed to provide notice to all municipal <br />utility customers advising them of the water and sanitary sewer service rates <br />approved herein. <br />4. The Finance Department is hereby directed to develop a pro forma financial guide <br />and recommended service rates on an annual basis going forward. <br />Upon roll call, the following Members voting AYE: <br />Upon roll call, the following Members voting NAY: <br />Whereupon said resolution was declared passed and adopted this 4 h day of November, <br />2019. <br />Tom Weidt, Mayor <br />ATTEST: <br />Michele Lindau, City Clerk <br />