101-10 Amend Chpt 915, Water Rates

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PLEASE SUBSTITUTE FOR ORDINANCE NO. 101-10 PLACED ON 1sT READING & REFERRED TO THE COMMITTEE OF THE WHOLE 11/15/10, 2ND READING 12/6/10) ORDINANCE NO. 101-10 BY: Antonio, Bullock, Butler, Madigan, Powers, Smith, Summers. AN ORDINANCE to take effect immediately provided it receives the affirmative vote of at least five (5) members elected to Council otherwise, it shall take effect and be in force after the earliest period allowed by law, to amend Ordinance 84-09 adopted December 21, 2009 to amend Chapter 915, Water Rates, of the Codified Ordinances of the City of Lakewood for the purpose of adjusting water rates charged against each lot, parcel of land or premises which may have an active water connection with the 1Vlunicipal water system. WHEREAS, sufficient revenues are required to recover costs budgeted for the operations of the Water Distribution System; and WHEREAS, continued decreases in consumption of water has a negative impact on revenues received over time; and WHEREAS, sufficient dollazs are required to meet scheduled debt service payments; and WHEREAS, in order to offset the increases in the purchased water from the City of Cleveland to the City as well as the continuing increases in the costs of operations, it is necessary for the City to increase the rates charged; Now therefore, BE IT ORDAINED BY THE CITY OF LAKEWOOD, STATE OF OHIO Section 1. That Chapter 915, Water Rates, of the Codified Ordinances of the City of Lakewood currently reads as follows: 915.01 ESTABLISHMENT OF RATES The Director of Finance is hereby authorized and directed to establish water rates charged monthly by the Division of Utility Billing as follows: (a) Effective January 1, 2010, all water used during each one month billing period shall cost not more than five and forty-eight hundredths dollars ($5.48) per one hundred cubic feet of water. 915.02 CUSTOMER SERVICE CHARGE -Removed