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<br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />8.3 REVENUES <br /> <br />Water rates are the source of revenue tor water development projects. Neither operation and <br />maintenance nor the emergency operating fund will be financed. Water users fees must include <br />these expenses, as they do now. <br /> <br />A water rate of about 2.5 percent of City's 1989 operating revenues is required to assume <br />adequate repayment ability for both Option 1 and Option 2 projects. <br /> <br />8.4 PAY-OUT SCHEDULE <br /> <br />The complete pay-out schedule for the total cost of Option 1 and Option 2 are given on Table <br />8.1. Legal and financing costs are not included. <br /> <br />8-2 <br />