[R.O. 2003 §700.300; Ord. No. 612, 1-6-2000]
The term "water utility," as used in this Chapter, shall mean
the City's department that is authorized to furnish water service
within the City.
[R.O. 2003 §700.310; Ord. No. 612, 1-6-2000; Ord. No. 733, 7-7-2005]
Each year, the City may transfer an amount from the City's Proprietary
Fund (combined water and sewer revenue) to the General Fund representing
the amount necessary to offset the City's administrative costs, expenses
and other fees. The transfer shall not exceed seven and five-tenths
percent (7.5%) of the combined water and sewer system billings. If
more than seven and five-tenths percent (7.5%) is required to be transferred,
then the combined water and sewer rates shall be adjusted to reflect
the increase if such rate adjustment is allowed by any outstanding
bonds or other indebtedness.
[R.O. 2003 §700.320; Ord. No. 612, 1-6-2000]
After establishing the amount of the transfer, the City shall
calculate the percentage of impact the transfer will have on each
customer's water bill. The percentage amount shall be disclosed on
each monthly bill to inform customers of the percentage of transfer.
[R.O. 2003 §700.330; Ord. No. 612, 1-6-2000]
The payment in lieu of a franchise fee established in this Article
shall be in lieu of any other franchise fees or taxes, applicable
to the retail sale of water by the City, other than specific fees
(i.e., hookup fees, late charges, etc.). No new fees or taxes shall
be established so long as this Article is in force.