47-17 Amend Sec 915.01 Regarding Water Rates

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PLEASE SUBSTITUTE FOR ORDINANCE 47 -17 REFERRED TO FINANCE COMMITTEE 11/20/17, DEFERRED 12/4/17. ORDINANCE NO. 47 -17 By: Anderson, Bullock, Litten, Marx, Nowlin, O'Leary, O'Malley. AN ORDINANCE to take effect immediately provided it receives the affirmative vote of at least five (5) members of Council, or otherwise to take effect and be in force after the earliest period allowed by law, to amend section 915.01, Establishment of 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 Municipal 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 dollars 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; and WHEREAS, this Council by a vote of at least five (5) of its members determines that this ordinance is an emergency measure, and that this ordinance shall take effect at the earliest date possible as set forth in Article III, Sections 10 and 13 of the Second Amended Charter of the City of Lakewood, and that it is necessary for the immediate preservation of the public peace, property, health and safety, and to provide for the usual daily operation of municipal departments in that in that these rates and charges must be in place for the 2018 fiscal year. Now therefore, BE IT ORDAINED BY THE CITY OF LAKEWOOD, OHIO Section 1. That subsection 915.01(a), Establishment of 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) The Director of Finance is hereby authorized and directed to establish water rates charged monthly by the City as follows: Effective January 1, 2017, all water used during each one month billing period shall cost not more than $6.44 per one hundred cubic feet of water.