(A) Definition of cost of gas:
Cost of gas per cubic ft. + O+M costs +loss and unaccountable.*
(B) Charges for gas provided by the city shall be as follows:
Inside City Limits
Meter fee $12.00 per month (Residential/Commercial)
$300.00 per month (Industrial)
Outside City Limits
Meter fee $14.00 per month (Residential/Commercial)
$300.00 per month (Industrial)
Cost of gas + 2.25/MCF for O+M costs +loss and unaccountable.**
Formula/Definition for O&M and Debt Service Rate
(O&M costs + debt service - meter fees)/metered gas usage.
Text version is (O&M costs plus debt service less meter fees) divided by metered gas usage.
* This percentage will change on a yearly basis.
** Cost of gas based on MCF cost of gas + pipeline charges+ fuel adjustment charges.
(C) The cost of natural gas to the city is subject to a fuel adjustment on a monthly basis, at the discretion of the Utility Department. The Utility Department shall determine the monthly adjustment based on the cost of gas and amount of loss. The regulations shall be available for public inspection.
(D) O&M costs shall be reviewed and will be subject to change on a quarterly basis.
(Ord. 1-1981, passed 1-6-81; Am. Ord. 18-1982, passed 12-16-82; Am. Ord. 4-1986, passed 6-3-86; Am. Ord. 1-1989, passed 1-21-89; Am. Ord. 12-2001, passed 11-6-01; Am. Ord. 4-2003, passed 3-17-03; Am. Ord. 15-2003, passed 9-2-03; Am. Ord. 07-2012, passed 9-11-12)
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Cross reference:
Public records, see Ch. 24