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<br />ORDINANCE NO. <br /> <br />117-05 <br /> <br />PLACED ON loST READ ING & REFERRED TO THE <br />COMMITTEE OF THE WHOLE 12/5/05. PLACED ON <br />SECOND READING 12/19/05. <br />BY: Antonio, Butler, Dever. FitzGerald, <br />Madigan, Seelie. <br /> <br />AN ORDINANCE to amend Chapter 915, Water Rates, of the Codified <br />Ordinances of the City of Lakewood for the purpose of increasing water rates, <br />decrease the water customer service charge and to decrease the rate for those <br />who qualify for the homestead exemption. <br /> <br />WHEREAS, sufficient revenues are required to recover costs budgeted for the <br />operations of the Water Distribution System, and <br /> <br />WHEREAS, sufficient dollars are required to meet scheduled debt service costs, and <br /> <br />and <br /> <br />WHEREAS, sufficient dollars are required to replace and repair existing aged waterlines, <br /> <br />WHEREAS, in order to offset the increases in the purchases water from the City of <br />Cleveland to the City as well as the continuing general increases in the cost of operations, it is <br />necessary for the City to increase the rates charged to its customers; and <br /> <br />WHEREAS, extending a reduction for water rates to persons qualifying for Homestead <br />exemption and decreasing the customer service charge will not greatly effect revenues; Now <br />therefore, <br /> <br />BE IT ORDAINED BY THE COUNCIL OF THE CITY OF LAKEWOOD, OHIO: <br /> <br />Section 1. That Chapter 915, Water Rates, of the Codified Ordinances <br />of the City of Lakewood currently reading as follows: <br /> <br />-/ <br /> <br />915.01 ESTABLISHMENT OF RATES. <br /> <br />The Director of Public Works is hereby authorized and directed to <br />establish water rates charged monthly by the Lakewood Division of Water <br />and Wastewater Collections as follows: <br /> <br />(a) Effective March 1, 1996, or at such time rates established by <br />the City of Cleveland Council reflect a rate increase to the City of <br />Lakewood for water purchased, all water used during each one month <br />billing period shall cost not more than two and sixty-six hundredths dollars <br />($2.66) per one hundred cubIc feet of water. <br /> <br />(b) Effective January 1, 1997, all water used during each one <br />month billing period shall cost not more than two and eighty-two <br />hundredths dollars ($2.82) per one hundred cubic feet. <br /> <br />(c) Effective January 1, 1998, all water used during each one <br />month billing period shall cost not more than two and ninety-nine <br />hundredths dollars ($2.99) per one hundred cubic feet. <br /> <br />(d) Effective January 1, 1999, all water used during each one <br />month billing period shall cost npt more than three and seventeen <br />hundredths dollars ($3.17) per one hundred cubic teet. <br /> <br />(e) Effective January 1, 2000, and thereafter, all water used during <br />each one month billing period shall cost not more than three and thirty- <br />seven hundredths dollars ($3.37) per one hundred cubic feet. <br />