HomeMy Public PortalAbout1991-13ORDINANCE NO. 1991 -13
AN ORDINANCE APPROVING A NEW SCHEDULE OF
® WATER RATES AND CHARGES
WHEREAS, the City of Greencastle 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, 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 charges for services within the meaning and provisions
Of I.C. 8- 1.5 -3 -8.
WHEREAS, it will be necessary to increase the existing rates
and charges, subject to the final approval of the Indiana Utility
Regulatory Commission, in order to provide sufficient funds to
meet the financial requirements of said municipal water system,
S including payment in lieu of taxes, and an ordinance establishing
1.
a new schedule of rates and charges should be adopted by the
® Common Council.
WHEREAS, said new rates and charges will provide sufficient
revenues to meet the financial requirements of the City's
Municipal Water System including payments in lieu of taxes as set
forth in I.C. 8- 1.5 -3 -8. Therefore,
BE IT ORDAINED AND ADOPTED BY THE COMMON COUNCIL OF THE CITY
OF GREENCASTLE, INDIANA:
SECTION I.
That Chapter 715 of the Greencastle City Code is amended to
read as follows:
CHAPTER 715
WATERWORKS RATES AND CHARGES
® 715 -5. Application of Chapter
For the use and service rendered by the waterworks system of
the City of Greencastle, the rates and charges specified in this
chapter will be applicable.
715 -10. Monthly Metered Rate Schedule
METERED MONTHLY RATE
Monthly Consumption
Rate Per 100 Cubic Feet
First 2,000 cubic feet
$1.30
Next 8,000 cubic feet
. 82
All over 10 cubic feet
.66
715 -15. Minimum Monthly Metered service Charge schedule
MINIMUM MONTHLY METERED SERVICE CHARGE
Meter Size
5Z8-inch and 3/4-inch meter
Charge.Per Month
$ 2.90
1 -inch meter
7.74
1 -1/2 -inch meter
16.52
2 -inch meter
27.55
3 -inch meter
55.56
4 -inch meter
97.86
6 -inch meter
219.73
2.
"
7 1 5 - 2 0 . F i r e P r o t e c t i o n C h a r g e S c h e d u l e
H Y D R A N T R E N T A L
H y d r a n t r e n t a l - m u n i c i p a l 1 $ 1 8 4 . 8 8 p e r a n n u m
P R I V A T E F I R E C O N N E C T I O N S
S i z e o f C o n n e c t i o n
C h a r g e P e r A n n u m
4 - i n c h
$ 9 9 . 0 4
6 - i n c h
2 1 7 . 9 0
8 - i n c h
3 8 9 . 5 7
1 0 - i n c h
6 1 4 . 0 7
1 2 - i n c h
8 9 1 . 4 0
7 1 5 - 2 5 . C o n t r a c t U s e r s R a t e S c h e d u l e
M O N T H L Y F I X E D C A P I T A L C H A R G E
R e e l s v i l l e W a t e r C o . , I n c .
$ 8 0 0 . 0 0
S o u t h 4 3 W a t e r A s s o c . , I n c .
3 8 0 . 0 0
B i g W a l n u t W a t e r C o . , I n c .
1 6 0 . 0 0
N o r t h 4 3 W a t e r A s s o c i a t i o n
7 0 . 0 0
M E T E R E D C O N S U M P T I O N
V o l u m e t r i c R a t e f o r A l l R a t e p e r 1 0 0 c u b i c f e e t
W h o l e s a l e C o n s u m p t i o n $ 6 2 4
" 7 1 5 - 3 0 . C o l l e c t i o n C h a r g e f o r D e l i n q u e n t P a y m e n t
A l l b i l l s f o r w a t e r s e r v i c e s n o t p a i d w i t h i n f i f t e e n ( 1 5 )
d a y s s h a l l b e s u b j e c t t o a c o l l e c t i o n o r d e f e r r e d p a y m e n t c h a r g e
o f t e n p e r c e n t ( 1 0 % ) o f t h e f i r s t t h r e e d o l l a r s ( $ 3 ) a n d t h r e e
p e r c e n t ( 3 % ) o f t h e e x c e s s o v e r t h r e e d o l l a r s ( $ 3 ) .
7 1 5 - 3 5 . T a p - I n C h a r g e s
"
( a ) T h e f o l l o w i n g f e e s s h a l l b e p a i d t o t h e D e p a r t m e n t o f
W a t e r w o r k s t o c o v e r t h e c o s t o f i n s t a l l i n g n e w s e r v i c e s :
T A P - I N C H A R G E S
S i z e
S h o r t S e r v i c e
L o n S e r v i c e
5 8 o r 3 4 - i n c h
1 - i n c h
$ 5 2 0 . 0 0
5 6 5 . 0 0
$ 7 3 5 . 0 0
7 9 0 . 0 0
1 - 1 / 2 - i n c h
2 - i n c h
1 , 1 9 5 . 0 0
1 , 5 3 5 . 0 0
1 , 5 5 5 . 0 0
2 , 0 7 5 . 0 0
( b ) I f t h e w a t e r m a i n f r o m w h i c h a s e r v i c e i s b e i n g m a d e i s
l o c a t e d i n t h e s t r e e t p a v e m e n t , a d d i t i o n a l c h a r g e s f o r s p e c i a l
b a c k f i l l a n d p a v e m e n t r e p a i r s h a l l b e m a d e . I f t h e m a i n b e i n g
t a p p e d i s l o c a t e d i n a s t a t e h i g h w a y , a d d i t i o n a l c h a r g e s s h a l l b e
m a d e t o c o v e r s t a t e h i g h w a y c u t p e r m i t f e e s , w h i c h a r e e s t i m a t e d
t o b e f o r t y d o l l a r s ( $ 4 0 ) .
3 .
(c) For larger or special services, individual quotations
0 will be given by the Department of Waterworks. In any event,
charges will not be less than charge for 2 -inch connection.
715 -40. Payment In Lieu of Property Taxes
The City hereby elects to pay the City from water rates and
charges, payment in lieu of property taxes as provided in I.C.
3- 1.5 -3 -8.
715 -45. Reasonable Return.
The City hereby elects to earn a reasonable return on its
water utility plant in accordance with I.C. 8- 1.5 -3 -8.
II. EFFECTIVE DATE
This ordinance shall be effective for all water service
tendered after the date of approval of these rates and charges by
the Indiana Utility Regulatory Commission.
THIS ORDINANCE was passed and dopte this day of July,
• 1991. —
Michael I1. Harmless,
ATTEST:
Presiding Officer
u ith Berry, U
1 rk- Treasurer
Presented by me to the Mayor of Greencastle, Indiana, this
CZ3 day of July, 1991, at S o'clock m.
u ith Berry
erk- Treasurer
Approved and signed by me thi day of July, 1991, at
Qom_
o'clock, 7Q•.m.
Q Michae M. Harm ess
Nrk-Treasurer ST: Mayor
th Be ry,
4 .