§ 53.139 RECOVERY OF LOCAL CONSTRUCTION COSTS.

   Local construction costs of the wastewater treatment facility will be recovered through a debt service charge calculated using usage and connection as follows:

   (A)   Calculation of debt service unit cost for wastewater volume.

   Uds = Cds

                                    Tbwv

      Where:

         Uds   =   Unit cost for debt service in $/l,000 gal.

         Cds    =    Cost of annual debt service

         Tbwv    =   Total annual billable wastewater volume in 1,000 gal.

   (B)   Calculation of debt service billable connection cost.

   UD = CDC

                                    Tc

      Where:

         Uq    =   Unit billable connection cost for debt service

         CDC    =    Cost of annual debt service assigned for connections

         Tc       =   Total number of billable connections

   (C)   Calculation of debt service charge.

   Dc = Uds x bwv + (Up x U)

      Where:

         Dc   =   Debt service charge

         Uds   =    Unit cost for debt service in $/l,000 gal

         bwv    =    Billable wastewater volume of a particular user in 1,000 gal

         UD    =    Unit billable connection cost

         U    =    Number of billable connections for a particular user

(Ord. 407, passed 12-26-1989)