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HomeMy WebLinkAbout1970-02-10; Water Committee Ad Hoc; MinutesMINUTES OF: WATER COMMITTEE MEETING DATE OF MEETING: February 10, 1970 - 4:00 P.M. PLACE OF MEETING: City Manager's Conference Room PRESENT: Bob Watson, Bill Esterline, Win Friday, Charles Martin, Thelma Sowell, Bob Neely, Hunter Cook, Don Hickethier ABSENT: W. D. Cannon, Carl Prince, Glenn McComas , Knox Williams Mrs. Sowell distributed a statistical report of the water system. The report was reviewed and explained. Mrs. Sowell stated that in as much as the water rates are being increased by the District $4 a year for three years, the City should check into the matter of establishing an ordinance for raising the water rates at regular intervals. Mr. Watson suggested that information be made available to the public explaining the operation of the Water Department as a separate entity. Mrs. Sowell stated such information was made available to the public about a year ago with little response. Mrs. Sowell reported that the City Council has approved lowering the rate on ready to serve minimum charges for the balance of this fiscal year. This decrease will result in approximately a $43,000 loss. The 30% rate increase which affected the 5/8 and 3/4 meters resulted in a 60% rate increase due to increased minimum ready to serve charges and water volume charges. This resulted from this Committee's recommendation that all rates within the rate structure would be increased 30%. Before this time, the meter rates had not been raised in three years. This three year gap is what the rate increase had been based on. Mrs. Sowell stated the 30% rate increase would just about pay for the bonds. Mr. Priday stated that the bond attorney had suggested a 40% rate increase several years ago. Mr. Watson questioned how the Water Department is doing according to the budget on maintenance and repair. Mrs. Sowell stated the Water Department is in good condition as far as the operation is concerned. This does not include payment to Engineering Science. After much discussion on this matter Mr. Watson stated it would be interesting for someone to be able to take the Water Department financial position and analyize it as to where bond money is suppose^ to go. Mrs. Sowell stated the bond indenture states where such money is to go . Respectfully submitted, Barbara Bishop Recording Secretary NOTE: The next meeting will be held at 4:00. February 24. 1970.