§ 52.028 ECONOMIC DEVELOPMENT RATES.

   (A)   Any economic development project within the town will be charged the following rates and charges for the use and services rendered by the waterworks system of the town, effective on the first full billing period commencing upon the adoption of a resolution of the Town Council finding that the applicant has fulfilled the criteria set forth below:

      (1)   Has been approved for tax abatement relief from the town;

      (2)   Has invested $25,000,000 or more in land, building and equipment by the party approved for the aforementioned tax abatement;

      (3)   Creates 35 or more new jobs in the town; and

      (4)   Utilizes, on average, not less than 150,000 gallons per day of water flow.

Minimum Charge	Gallons Allowed Per Minimum	Per Month
5/8 inch	2,000	$7.45
3/4 inch	3,608	$11.69
1 inch	5,673	$17.56
1-1/2 inch	10,106	$29.47
2 inch	15,639	$42.17
3 inch	21,333	$72.59
4 inch	47,227	$126.67
6 inch	104,827	$247.78
8 inch	160,000	$367.01
10 inch	230,000	$515.42
12 inch	430,000	$900.32

 

Monthly Service Charge Meter Size	Billing and Meter Charge Per Month
5/8 inch	$2.49
3/4 inch	$2.74
1 inch	$3.49
1-1/2 inch	$4.48
2 inch	$7.22
3 inch	$27.39
4 inch	$34.86
6 inch	$52.29
8 inch	$72.21
10 inch	$94.62
12 inch	$119.52

 

 

Metered Revenue	Per 1,000 Gallons
First 10,000 gallons	$2.48
Over 10,000 gallons	$1.80

 

   (B)   The applicant shall make a written request to the town, in care of the Town Manager, in order to have the Town Council consider whether the economic development rates shall apply.

(Ord. 30-2009, passed 11-9-2009)