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HomeMy WebLinkAboutDocumentation_Regular_Tab 9F_6/18/1992 VILLAGE OF TEQUESTA ,.tli• lii Post Office Box 3273 • 357 Tcquesta Drive AND,,-- Q Tequesta, Florida 33469-0273 • (407) 575-6200 .`fi t + ? FAX: (407) 575-6203 off s 4 C,, COU%t MEMO Ft.A1%ir) TO: Village Council FROM: Thomas G. Bradford, Village Manager /�� DATE: June 12, 1992 SUBJECT: Town of Jupiter Proposed Water Rate Increase for Bulk Sale Service to the Village of Tequesta; Agenda Item The Town of Jupiter is proceeding with their proposed bulk rate water increase by conducting a Public Rate Hearing on Tuesday, June 16, 1992, at 7:30 P.M. in the Jupiter Town Council Chambers. Jupiter is proposing to increase the rate to $1. 22 per 1,000 gallons of water as opposed to the current $. 85 per 1,000 gallons. The Village of Tequesta Utility Consultant, Gee & Jenson, has determined that the proposed rate reasonably approximates the cost of producing water pursuant to the terms and conditions of the Bulk Rate Agreement between the Village and Jupiter. However, the Village staff does not recommend acceptance of this rate unless Jupiter is willing to modify the Bulk Rate Agreement so that , the current "ratcheting" provision is changed to be effective only in the event that the Village exceeds an annual average daily consumption of 1.75 MGD. The Town of Jupiter has adopted the Florida Public Service Commission' s policy of indexing its rates to adjust for continuing changes in costs. The index is published by the PSC on March 31 of each year. The Village does not accept Jupiter' s contention that it can unilaterally apply indexing to the wholesale rate of water in that the wholesale or bulk rate is established pursuant to the terms and conditions of our Contract. Therefore, Village staff, at the Jupiter Public Rate Hearing, will inform the Jupiter Town Council of our willingness to recommend acceptance of a rate equal to $1.22 per thousand -provided that the contractual "ratcheting" provision is amended as stated herein. We will also go on record as opposing the application of indexing to our Bulk Rate Agreement. At the Village Council Meeting we will inform you as to the outcome of the Public Rate Hearing and make our recommendations . to the Village Council accordingly. Should the Rate Hearing be conducted in a satisfactory manner from the Village' s perspective, we will seek Village Council authority to accept and implement the new higher bulk rate. Mike Rocca of Gee & Jenson will be present to review the technical aspects of this matter as well as to present alternatives for a new Village rate structure. The Village Attorney will be prepared to advise you of the legal matters in this regard. TGB/krb Recycled Paper