HomeMy WebLinkAbout1999-05-04; Municipal Water District; Resolution 10511
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RESOLUTION NO. 1051
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
CARLSBAD MUNICIPAL WATER DISTRICT, CALIFORNIA
SETTING RATES FOR POTABLE WATER AND RECYCLED
WATER SERVICES.
WHEREAS, District staff has developed a financial “water rate model” to better forecast
future operational expenses and establish subsequent revenue requirements; and
WHEREAS, with improved water rate forecasting and with full-funding of the Board
. adopted level of annual operations reserves, existing commodity rates for potable and recycled
water services may be adjusted to more accurately generate required revenue to fund all costs of
annual water service operations.
NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the Carlsbad
Municipal Water District, California as follows:
1. That the above recitations are true and correct.
2. That the commodity rates for potable and recycled water services be adjusted as
follows:
A. Reduce potable water commodity rate fiom $1.70 to $1.60 per unit of water,
B. Reduce recycled water commodity rate from $1.62 to $1.52 per unit of water,
and
C. Reduce conservation commodity rate from $1.52 to $1.44 per unit of Water.
3. That this Resolution shall become effective sixty (60) days after its adoption.
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PASSED, APPROVED AND ADOPTED at a regular meeting of the Board of
Directors of the Carlsbad Municipal Water District held on the 4 th day of May
, 1999, by the following vote:
AYES: Board Members Hall, Nygaard, Finnila & Kulchin
NOES: None
ABSENT: Board Member Lewis
MATT HALL, Vice President
ATTEST:
(SEAL) W
KAREN R. KUNDTZ, Assistant Secretary
PC RES0 NO. -2- 5-