Laserfiche WebLink
Water rate (for both taps combined): <br />(Minimum use for both taps combined shall be 4,073,000 gallons per month.) <br />$3.10 per 1,000 gallons (for the first 4,073,000 gallons per month) <br />Water Rate (for use over 4,073,000 gallons per month): <br />$0.75 per 1,000 gallons <br />in consideration of the favorable rate for untreated (raw) water above 4,073,000 <br />gallons per month. Applicant shall have the option to make a guarantee on or before July <br />1 of each calendar year that a monthly amount of $19,170.00 will be paid in the following <br />calendar year. <br />If no such guarantee is made, or if Applicant fails timely to pay (as set forth in <br />Section 20, Ordinance No. 338) the monthly amount after making such guarantee, the <br />charge for untreated (raw) water, in any volume whatsoever, shall thereafter revert for the <br />month(s) of such failure to $3.10 per 1,000 gallons, or such other rate as may be <br />established by Ordinance. For any month in which Applicant has paid the monthly amount <br />of $19,170.00, but does not use at least 4,073,000 gallons due to reasons described in <br />paragraph 10, below, Applicant shall receive a credit against future water bills for such <br />amounts paid when water use commences again, at a rate not to exceed $5,000 per <br />month, subject to the terms of said paragraph 10. <br />Beginning with calendar year 2000, the above "Base Rates" shall be subject to <br />adjustment at the beginning of each calendar year during which Applicant continues to <br />purchase water from City under this Application. Each adjustment shall apply for that <br />calendar year and adjustments shall not be cumulative. The adjustment shall be <br />determined by the Price of Gold, as hereinbelow defined, for the immediately preceding <br />calendar year. When the Price of Gold is in the range set forth in the left hand column on <br />the table below, the Base Rates for the calendar year shall be increased as set forth in the <br />right hand column on the table below. <br />122 -68 w:\Victor\application 4 -99 <br />Price of Gold (VS. $) <br />0 - 349.00 <br />350.00 - 374.99 <br />375.00 - 399.99 <br />400.00 - 424.99 <br />425.00 - 449.99 <br />450.00 - 474.99 <br />475.00 - 599.99 <br />600.00 and above <br />-2- <br />Adjustment <br />No adjustment <br />1% increase <br />2% increase <br />3% increase <br />5% increase <br />7% increase <br />9 % increase <br />12% increase <br />