921.03 RATES AND DISTRIBUTION OF REVENUES.
   (a)   In order to pay the expense of conducting and managing the water system of the City and to make adequate provision for the payment of interest, principal and other fund requirements of mortgage revenue bonds to be authorized and sold to finance the construction of improvements and extensions of the system, the rates hereinafter set forth are hereby established.
   (b)   The monies received from the collection of rates and charges hereinafter provided for shall be deposited as received with the Finance Director who shall divide the revenues among the Water Department Fund (Fund 601), Water Debt Service Fund (Fund 613) and Water System Improvement Fund (Fund 437). Subject to the provisions of any ordinance or indenture of mortgage authorizing the issuance of and securing mortgage revenue bonds for the system, moneys in the funds shall be used for the payment of the cost and expense of operation, maintenance, repair and management of the system and for the payment of debt and other charges on bonds issued for improvements of and extensions to the system.
   (c)   The distribution of revenues into the funds listed in subsection (b) hereof shall be based on the anticipated annual expenditures in each fund, and shall be annually established by ordinance.
(Ord. 40-94. Passed 6-21-94.)
   (d)   Beginning January 1, 2012, for the purposes provided in subsection (b) hereof, the following rates for the services of the systems are hereby established:
      (1)   Minimum charge per month.
         A.   The minimum charge per month for the 5/8 inch water meters will be increased beginning January 1, 2012, and each January 1 thereafter through January 1, 2016, from the existing 2011 minimum charge per month of $12.03, as follows:
            1.   January 1, 2012: Increased by $2.97 to $15.00
            2.   January 1, 2013: Increased by $1.25 to $16.25
            3.   January 1, 2014: Increased by $1.25 to $17.50
            4.   January 1, 2015: Increased by $1.25 to $18.75
            5.   January 1, 2016: Increased by $0.75 to $19.50
         B.   For the determination of the minimum charge per month for all water meters larger than the 5/8 inch water meters, the 5/8 inch water meter is equivalent to one equivalent dwelling unit (EDU). The minimum charge per month for all water meters larger than the 5/8 inch water meters shall be calculated by multiplying the minimum charge per month for one EDU by the following EDU multiplier based upon the size of the meter:
Meter Size (Inches)
Equivalent Dwelling Units (EDUs) Multiplier
5/8
1
3/4
1.5
1
2.5
1.5
5
2
8
3
17.5
4
50
6
100
8
175
10
275
 
      (2)   Volume charge. $2.32 per 1,000 gallons.
      (3)   Inflation.
         A.   For the period beginning January 1, 2012, through December 31, 2016, both the minimum charge per month and volume charges shall not be increased due to inflation.
         B.   Beginning January 1, 2017, and each January 1 thereafter, both the minimum charge per month and volume charges shall be increased by the consumer price index increase over the prior one-year period.
(Ord. 40-06. Passed 12-19-06; Ord. 35-11. Passed 12-20-11.)
   (e)   The prices to be paid for water furnished by the City to all consumers situated outside the City are hereby fixed at two hundred fifty percent (250%) of the rates charged to consumers situated in the City.
(Ord. 105-95. Passed 12-20-95.)
   (f)   A minimum charge of three dollars and forty-five cents ($3.45) per month per meter shall be charged for non-sewered lawn and garden watering systems.
(Ord. 12-06. Passed 6-6-06.)