05.20.13 MINUTES - Laserfiche WebLink

Home Browse Search

Regular Council Meeting May 20, 2013 Page 4 was made by Council Member Lancaster and seconded by Council Member Jenkins. Motion carried, 7 ayes — 0 nays. 13. Presentation of the 2013 Water and Rate Study. Finance Director Gene Anderson explained one of the provisions of the city's contracts with local industries, requires the city to have an independent consultant perform a cost of service study each year. Mr. Anderson said the primary purpose of the study is to verify and determine what the rates are under those contracts and it also determines what the rates should be for non-contract customers. Chris Ekrut, Manager for J. Stowe & Co. presented the Council with results of the water and rate study. In summary, Mr. Ekrut reported that the City's current wastewater rates, on a stand-alone basis were slightly below the level needed to meet the City's current rate maintenance policy. However when considered in combination, he said the current water and wastewater rates were sufficient to meet the test year budgeted revenue requirements and the City's rate maintenance policy. Mr. Ekrut said the recommendation was that the City should keep retail rates at current levels, but continually monitor rates as new debt was issued by the City. 14. Award a bid to the lowest responsible bidder for reconstruction of the South Collegiate Drive Project Phase II. Mayor Hashmi said there was concern about this item with regard to construction of a parking lot and extending a driveway to the Police Department. Mayor Hashmi said an Attorney General opinion had been requested. Mayor Hashmi said Council could still discuss this item if they desired to do so, but his preference was to table it to the next Council meeting, pending receipt of the opinion. City Council discussed duration of bid prices, construction while school was recessed for summer, desire to stay within the covenants of the bond, approving the project pending the AG opinion, tabling this item, and calling a special meeting if the AG approved this project prior to the next council meeting. A Motion to table this item was made by Council Member Jenkins and seconded by Council Member Wright. Motion carried, 7 ayes — 0 nays. 15. Consider and approve future events for City Council and/or City Staff pursuant to Resolution No. 2004-081. Nothing was referenced. 16. Adj ournment. There being no further business, a Motion to adjourn was made by Council Member Frierson and was seconded by Council Member Drake. Motion carried, 7 ayes — 0 nays. The meeting was adjourned at 6:22 p.m.