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PLACED ON 1ST READING & REFERRED TO THE <br />FINANCE COMMITTEE 11/21/11. <br />SECOND READING 12/5/11. <br />ORDINANCE NO. 61-11 BY: Anderson, Juris, Madigan, <br />Nowlin, Powers, Smith. <br />AN ORDINANCE to take effect immediately provided it receives the affirmative vote of <br />at least five (5) members of Council otherwise, it shall take effect and be in force after the <br />earliest period allowed by law, to amend Ordinance 101-10 adopted December 20, 2010 to <br />amend Chapter 915, Water Rates, of the Codified Ordinances of the City of Lakewood for the <br />purpose of adjusting water rates charged against each lot, parcel of land or premises which may <br />have an active water connection with the Municipal water system. <br />WHEREAS, sufficient revenues are required to recover costs budgeted for the operations <br />of the Water Distribution System; and <br />WHEREAS, continued decreases in consumption of water has a negative impact on <br />revenues received over time; and <br />WHEREAS, sufficient dollars are required to meet scheduled debt service payments; and <br />WHEREAS, in order to offset the increases in the purchased water from the City of <br />Cleveland to the City as well as the continuing increases in the costs of operations, it is necessary <br />for the City to increase the rates charged; <br />Now therefore, <br />BE IT ORDAINED BY THE CITY OF LAKEWOOD, STATE OF OHIO <br />Section 1. That Chapter 915, Water Rates, of the Codified Ordinances of the City of <br />Lakewood currently reads as follows: <br />915.01 ESTABLISHMENT OF RATES <br />The Director of Finance is hereby authorized and directed to establish water rates <br />chazged monthly by the Division of Utility Billing as follows: <br />(a) Effective January 1, 2011, all water used during each one month billing period <br />shall cost not more than five and eighty-one hundredths dollars ($5.81) per one <br />hundred cubic feet of water. <br />915.02 CUSTOMER SERVICE CHARGE -Removed <br />915.03 HOMESTEAD EXEMPTION <br />There is hereby established a Special Homestead exemption whereby water rates <br />chazged to homesteads owned by a person 65 yeazs of age or older or owned by a <br />G7 <br />