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Rate Structure Intro <br /> Mr. McMahon reminded Council that the current rate structure has been approved to extend until <br /> 2023. He noted that small predictable and known increases are preferable for residents and <br /> landlords. He discussed the declining trends in water usage and how this is not sustainable with <br /> rates being based on water usage. He discussed other water/sewer charges such as an impervious <br /> surface charge that could be implemented so that the City is not solely dependent on water usage. <br /> He provided information about neighboring cities that have these charges. He compared <br /> Lakewood's water/sewer rates to its neighbors. Lakewood is about average and has room to <br /> grow before the rates become a competitive disadvantage. <br /> The discussion wrapped up with an understanding that Committee of the Whole would meet <br /> again on this topic as new updates become available from the administration. <br /> Without objection, Committee of the Whole adjourned at approximately 7:30 p.m. <br /> 3 <br />