The rates established by this Division VIII for use of sewer services provided by the city shall be adjusted each year to reflect the percentage increase of change, if any, in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W): Midwest Urban Region, All Items Index, as published by the Bureau of Labor Statistics of the U.S. Department of Labor, hereinafter referred to as “BLS Index”, using the annual average of the BLS Index for the calendar year 2001 as a basis for all subsequent adjustments. All adjustments required hereunder shall be made on the first day of March of each calendar year using the percent of increase, if any, in the BLS Index for the previous calendar year as the basis for such adjustment, and the first adjustment required hereunder shall be on March 1, 2002 for the 12-month period of March 1, 2002 through the end of February, 2003. The 12-month period of March 1 through the last day of February of each year shall be known as the “service year”. The sewer rates established under this section for each subsequent service year commencing on March 1, 2003 shall reflect the adjustment as required for the previous year and shall be considered as a base for calculation of the sewer rates to be made throughout the service year commencing on said adjustment date.
(Ord. 1211, passed 12-26-2001)