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ORDINANCE 1998 -17
AN ORDINANCE AMENDING ORDINANCES 1995 -12 AND
1996 -1 APPROVING WATER RATES AND CHARGES
WHEREAS, the City of Greencastle, Indiana, by Ordinance 1996 -1, An Ordinance Reducing
Water Rates and Amending Ordinance 1995 -12 Approving Water Rates and Charges.
WHEREAS, the City of Greencastle. Indiana, owns and operates a municipal water system and
collects rates and charges for the use of and the services rendered by said water system pursuant to I. C.
8- 1.5 -3-8.
WHEREAS, due to the increased costs of providing water to the customers of the Greencastle
Department of Waterworks it is necessary for an increase in water rates.
WHEREAS, the existing rates and charges do not produce sufficient revenue to pay all the legal
and other necessary expenses incident to the operation of such water system, including maintenance
costs, operating charges, upkeep. repairs, depreciation, taxes and payments in lieu of taxes, interest
charges on bonds and other obligations, to provide a sinking fund for the liquidation of bonds and other
evidences of indebtedness, to provide a debt service reserve for bonds or other obligations. to provide
adequate funds to be used as working capital, adequate funds for making improvements, and a
reasonable return on the utility plant, and therefore do not produce revenues sufficient to maintain such
water system property in a sound physical and financial condition to render adequate and efficient
service. Accordingly, said existing rates and charges are not reasonable and just for services within the
meaning and provisions of 1. C. 8- 1.5 -3 -8.
WHEREAS, it will be necessary to increase the existing rates and charges in order to provide
sufficient funds to meet the financial requirements of said municipal water system, including payment in
® lieu of taxes, and an Ordinance establishing a new schedule of rates and charges should be adopted by
the City of Greencastle. Indiana Common Council.
NOW THEREFORE be it Ordained by the Common Council of the City of Greencastle, Indiana,
that the enumerated water rates and charges as set forth in the Greencastle City Code Section 9 -11, and
following, be amended to read as follows:
Sec. 9 -11 Monthly Metered Water Rate Schedule
Monthly Consumption Rate /100 cubic feet
First 2,000 cubic feet
Next 8.000 cubic feet
All over 10,000 cubic feet
$ 2.07
$ 1.30
$ 1.05
Sec. 9 -12 Minimum Monthly Metered Service Charge
5 /e" - 3 /4" meter
$ 4.61
1" meter
$ 12.31
1 meter
$ 26.30
2" meter
$ 43.86
3" meter
$ 88.42
4" meter
$ 155.66
6" meter
$ 348.75
Sec. 9 -13 Fire Protection Charge Schedule
• Hydrant Rental
Hydrant rental each $ 293.81 /annum
Private Fire Connections
Size of Connection Charge /annum
4"
$ 157.40
6"
$ 346.29
8"
$ 619.11
10"
$ 975.88
12"
S 1.416.62
Sec. 9 -14 Contract Users Water Rate Schedule
Metered Consumption
Volumetric Rate of All Wholesale Consumption -Rate /100 cubic feet $ 117
Sec. 9 -17 Tap -In Charges
(a) The following fees shall be paid to the Department of waterworks to cover the cost of
• installing new service:
Tap -In Service
Size Short Service Long Service
%" - 3 / +" meter $ 555.00 $ 787.00
1" meter $ 604.00 $ 846.00
1 meter $ 1,283.00 $ 1,671.00
2" meter $ 1.649.00 $ 2.231.00
All other sub- sections of Sec. 9 -17 remain in fuil force and effect, unchanged.
This Ordinance shall have full force and effect upon passage of Greencastle Common Council
and its approval by the Mayor for all water tendered beginning with the first meter reading after the date
of approval of these rates and charges.
P SSSEEDD� AND
, A by the Common Council of the City o reencastle, Indiana this t, day of
1998.
CL.I
Nancy ichael, Mayor
Presiding! Officer
• Pamela S. Jones, CVetyeasurer
Presented by me to the Mayor of Greencastle, Indiana this ? day of 1998, at
o'clock-12.M.
Pamela S. Jones, Clerk- a rer
Approved and signed by me this 3 of ; 19 at — 1 � 1 350'clock�)_. M.
ATTEST:
Pamela S. Jones, Clerk- r a rer
Passed First Reading:
Passed Second Reading:
First Second
YNA YNA
S David Masten
Mark N. Hammer
Kieth N. Green
Tomas W. Roach
Barry Baynard
Nancy A. Icn'ael, Mayor
E