Loading...
R3494 FIN Rate Commission 45 Day Extension RequestRESOLUTION NO. 3494 WHEREAS, per Section 7.280(f) of the Charter Plan of the Metropolitan St. Louis Sewer District the Rate Commission has applied to the Board of Trustees for a forty- five (45) day extension to the Procedural Schedule to issue the Rate Commission Report to the Board of Trustees and public; and WHEREAS, on March 4, 2019 the District delivered the Rate Change Notice to the Rate Commission; and WHEREAS, Section 7.280(f) of the Charter Plan requires the Rate Commission issue its Rate Recommendation Report to the Board and public within one hundred twenty (120) days after receipt of the Rate Change Notice and no later than July 2, 2019; and WHEREAS, on March 4, 2019 the Rate Commission voted to request the a forty- five (45) day extension; and WHEREAS, Section 7.280(f) of the Charter Plan established that the Board of Trustees may, upon application of the Rate Commission, extend the period of time for the issuance of the Rate Commission Report for one additional forty-five (45) day period; and WHEREAS, on March 8, 2019 the Rate Commission adopted a Procedural Schedule to support issuance of the Rate Recommendation Report within one hundred sixty-five (165) days; and WHEREAS, on March 14, 2019 the Rate Commission applied to the Board of Trustees requesting a forty-five (45) day extension to the Procedural Schedule. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE METROPOLITAN ST. LOUIS SEWER DISTRICT, THAT the Board hereby grants the forty-five (45) day extension to the March 8, 2019 Procedural Schedule. Issuance of the Rate Recommendation Report to the Board and public will be no later than August 16, 2019. The foregoing Resolution was Adopted on March 14, 2019.