HomeMy Public PortalAboutRES2017-02_Water Connection Fee_09/09/2017Instrument # 1564932
Bonneville County Idaho Falls, Idaho
09/27/2017 11:53:12 AM No. of Pages: 2
Recorded for• CITY OF IONA
Penny Manning Fee: $0.00
Ex-Officio Recorder Deputy `
Index to: RESOLUTION
RESOLUTION NO. 2017-02
A Resolution Pertaining to Water Connection Fees
WHEREAS, section 8-2-14 of the Iona City Code establishes a methodology by which
water system connection fees may be calculated and collected with respect to new customers
of the City water system who connect to the City water system;
WHEREAS, pursuant to such methodology the City commissioned Schiess &
Associates to establish a value of the City water system in order to provide a basis upon
which calculation of the water connection fee could be made;
WHEREAS, the City Council has reviewed the report prepared by Schiess &
Associates dated June 27, 2017, which includes such valuation and calculation and which
recommends a water connection fee be established in the amount of $4,859 per Equivalent
Domestic Unit ("EDU"), as defined by such City Code section;
WHEREAS, the City Council has reviewed the Schiess report and hereby finds that
the amount of the connection fee recommended by Schiess &Associates is fair and
reasonable and if imposed, would reasonably approximate the value of water system equity
received by a new or existing customer connecting to the City water system;
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND CITY COUNCIL
OF THE CITY OF IONA, IDAHO:
1. Pursuanty to § 8-2-14, Iona City Code, a water system connection fee is hereby
established in the amount of $4,859 per EDU, which fee shall be collected by the City Clerk
at the time a building permit is issued for any structure utilizing the City water system,
subject to the conditions and limitations set forth in Chapter Two, Title Eight of the City
Code.
2. Such connection fee shall become effective with respect to any connection
made or requested after the date this Resolution becomes effective. The amount of such fee
shall remain in full force and effect until otherwise changed in accordance with such section
of the City Code, provided the City Council shall review and adjust the amount of such fee
on the fifth anniversary of the date of the adoption of this Resolution and the amount of such
fees shall remain in full force and effect until such revision is made.
3. All revenues derived from the collection of such water connection fee shall be
deposited into the Water System Capital Improvement Fund as established by section 8-2-15
of the Iona City Code and shall be administered and expended only for the purposes
authorized by such code section.
4. All terms used in this Resolution shall have the same meanings ascribe to such
term in § 8-2-14 of the Iona City Code.
DATED this Mt day of September, 2017.
Brad Andersen
Mayor
ATTEST:
Shara Roberts
City Clerk
•
'‘. ' i• •(§/- )"`-;
_ .1r P..
'•�'� ` ATA\CON C• ofIona\Pub is Works\Water Department\Connection Fees\Resotution d sm