HomeMy WebLinkAboutCity of Tamarac Resolution R-2017-100Temp. Reso. # 13007
August 25, 2017
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CITY OF TAMARAC, FLORIDA
RESOLUTION NO. R-2017- 1
A RESOLUTION OF THE CITY COMMISSION OF THE CITY
OF TAMARAC, FLORIDA, ESTABLISHING THE
ADJUSTMENT FACTOR TO BE APPLIED TO THE ANNUAL
WATER AND SEWER RATE SCHEDULE FOR THE FISCAL
YEAR BEGINNING OCTOBER 1, 2017; PROVIDING FOR
CONFLICTS; PROVIDING FOR SEVERABILITY; AND
PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, the City of Tamarac operates and maintains public water and
wastewater facilities that provide service to certain properties located in the City of
Tamarac; and
WHEREAS, Chapter 22 of the City of Tamarac Code of Ordinances authorizes the
establishment of rates for the operation of the City's public utility system by resolution
after a duly noticed public hearing; and
WHEREAS, Section 22-96 (b) provides for an automatic adjustment of the water
and sewer rates annually pursuant to the U.S. Consumer Price Index Water and
Sewerage Maintenance Index; and
WHEREAS, Section 22-96 of the City of Tamarac Code of Ordinances provides
for the City Commission to use an adjustment factor other than the U.S. Consumer Price
Index Water and Sewerage Maintenance Index to be applied to the water and sewer rates
annually, and
WHEREAS, the City of Tamarac has performed a Revenue Sufficiency Analysis
for the Water and Sewer Utility System, titled the FY 2015 Water and Sewer Revenue
Sufficiency Analysis, and
Temp. Reso. # 13007
August 25, 2017
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WHEREAS, the objective of the FY 2015 Water and Sewer Revenue Sufficiency
Analysis is to ensure that the Utility has sufficient annual revenues to meet its financial
requirements, and to identify a plan of future rate increases that would provide adequate
revenue to fund the Utility's operating, capital, debt service (including coverage), and
reserve requirements over a multi -year projection period
WHEREAS, the FY 2015 Water and Sewer Revenue Sufficiency Analysis indicates
that the Utility does not require a rate adjustment to meet its revenue requirements during
FY 2016 — FY 2018
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE
CITY OF TAMARAC, FLORIDA THAT:
SECTION 1: The foregoing "WHEREAS" clauses are hereby ratified and
confirmed as being true and correct and are hereby made a specific part of this Resolution
upon adoption hereof.
SECTION 2: The water and sewer rate schedule currently in effect shall
have an adjustment factor of zero (0) percent applied to it for the fiscal year beginning
October 1, 2017
SECTION 3: All Resolutions or parts of Resolutions in conflict herewith are
hereby repealed to the extent of such conflict.
SECTION 4: If any clause, section, other part or application of this
Resolution is held by any court of competent jurisdiction to be unconstitutional or invalid,
in part or application, it shall not affect the validity of the remaining portions or applications
of this Resolution.
Temp. Reso. # 13007
August 25, 2017
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SECTION-5- This Resolution shall become effective on October 1, 2017.
PASSED, ADOPTED AND APPROVED this 13t" day of September, 2017.
ATTEST:
I &Ir�
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RECORD OF COMMISSION VOTE:
MAYOR DRESSLER
DIST 1: COMM. BOLTON
DIST 2: COMM. GOMEZ
DIST 3: COMM. FISHMAN
DIST 4: V/M. PLACKO
I HEREBY CERTIFY that I have
approved this RESOLUTION as
to form.
SAMUEC GOREN,y
CITY ATTORNEY
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