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HomeMy Public PortalAboutR3866 EXD Rate Recommendation Report Acceptance Resolution 2023R E S O L U T I O N NO. 3866 WHEREAS, the adoption of Resolution No. 3866 will formally acknowledge The Metropolitan St. Louis Sewer District’s Board of Trustees’ acceptance of the Rate Commission’s Recommendation Report dated September 5, 2023. WHEREAS, Section 7.040 of the MSD Charter Plan established the Rate Commission to review and make recommendations to the MSD Board of Trustees regarding all proposed changes in the District’s wastewater rates, stormwater rates and taxes or change in the structure of any of the foregoing, and WHEREAS, the MSD’s Wastewater and Stormwater Rate Change Proposal was presented to the Rate Commission on March 24, 2023; and WHEREAS, on September 5, 2023, and pursuant to Section 7.280(f) of the Charter, the Rate Commission issued its Rate Recommendation Report to the Board of Trustees and public; and, WHEREAS, pursuant to Section 7.300 of the Charter and upon consideration of the Rate Recommendation Report dated September 5, 2023, the Board of Trustees hereby wishes to accept the Rate Recommendation Report dated September 5, 2023, regarding the proposed changes in the District’s wastewater rates, stormwater rates and taxes or change in the structure of any of the foregoing. This acceptance should not be construed to limit the Board’s authority and discretion under the Charter in setting budgets, appropriating funds, and directing the expenditure of those funds. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE METROPOLITAN ST. LOUIS SEWER DISTRICT THAT, the Board of Trustees hereby accepts the Rate Commission’s Recommendation Report dated September 5, 2023, pursuant to Section 7.300 of the Charter. The foregoing resolution was adopted November 9, 2023