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7/23/2021 <br /> r Lakewood <br /> lf�l , <br /> » <br /> » <br /> .s <br /> 1 2 <br /> Why modernize rates now? <br /> ••I1 erti I cd a�a pr urtyn th,fI rtl idle of prol ct,nthe—y IWWI P. / f <br /> A p erv'ou»rt n Ice peau 1 ,a Fa'rer d'll l y'tem da��i npact un aur ... '" ' <br /> .',y,tcrn �parno t�l:�lr.rncch� nto pay fo y't'.n'rnprovcrncr is » <br /> (I'.y' dwatcrc _rrnpt'or �- <br /> bz5 million APPA spending proposal gives us a one time opportunity •• .,, <br /> 9a modernize rates while keeping money in the customers'pockets. <br /> Potential Customer BMs wah Proposed Rate Reduction <br /> and Impervious Surface Fee <br /> 3 4 <br /> A -IC minirriy c�-gs ty:iwngs <br /> �1.00.000 0.000,000 »� <br /> The City's proposed use of$25M in ARPA funds to supportwater and sewer system capital spending <br /> wi I enable the reduction in proposed user charges for 2022 and 2023 that benefit all customers.Not <br /> only Is this reduction in rates realized in 2022 and 2023,but it"ll also compound in every year <br /> thereafterand continueto accruesavingsto City customers of over$50 million. <br /> 5 6 <br /> 1 <br />