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HomeMy WebLinkAboutDocumentation_Workshop_Tab 01_11/30/2015 RESOLUTION NO. 97-15 A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, FLORIDA, ADOPTING A SCHEDULE OF FEES AND CHARGES FOR THE PROVISION OF WATER SERVICES RENDERED BY THE VILLAGE OF TEQUESTA FOR ITS CITIZENS AND OTHER MEMBERS OF THE PUBLIC; PROVIDING THAT THIS SCHEDULE OF FEES AND CHARGES SHALL BE AVAILABLE FOR INSPECTION AT ALL TIMES AT THE VILLAGE HALL DURING REGULAR BUSINESS HOURS; PROVIDING AND EFFECTIVE DATE; AND FOR OTHER PURPOSES. WHEREAS, the Village Council of the Village of Tequesta, Florida, desires to adopt a schedule of fees and charges relating to the provision of water services rendered by the Village of Tequesta for the citizens of the Village of Tequesta, Unincorporated Martin County, Unincorporated Palm Beach County, and the Town of Jupiter Inlet Colony and for other members of the public; and WHEREAS, the Village Council desires to incorporate all such fees and charges assessed in accordance with Section 74-61 of the Code of Ordinances into one comprehensive fee schedule; and WHEREAS, the Village Council desires to make certain the schedule of fees and charges are available for inspection suchthat any member ofthe public may be aware ofthe cost of each and every service provided by the Village of Tequesta's Utility Deparhnent. NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, AS FOLLOWS: Section 1: The Village Council of the Village of Tequesta, Florida, hereby officially adopts the Schedule of Fees and Charges attached hereto as `Bxhibit A" and made part hereof as if fully set forth herein. Section 2: This duly adopted Schedule of Fees and Charges shall be available at the Village Hall for inspection by the public during normal business hours. Section 3: This Resolution shall take effect November 12, 2015. Exhibit "A" Village of Tepuesta Water Utilities Fees and Charges 1. Monthlv Water Service Char�es A. Residential and Non-Residential Rate Schedule — Base Facilities Char�es The Base Facilities Charge is the minimum monthly charge and is based on meter size and monthly billing period as follows: Meter Size Basic Facilities Charge 3/4" $15.60 1" $38.95 1.5" $78.07 2" $124.66 3" $233.73 4" $389.52 6" $779.06 B. Metering of Multi-familv Buildings (M.F.) — Where a single meter is installed in a water connection serving a multi-family structure, the minimum monthly service charge shall be not less than an amount equal to the number of dwelling units multiplied by the minimum charge for a 3/4 inch meter or installed meter size, whichever is greater. In the event there is a single meter measuring quantities of water for two (2) or more residential units, the gallons measured and charged pursuant to the terms of this section shall be prorated by dividing the total number of gallons metered by the number of units included on the single meter. C. Meterin� of Multi-Unit Buildings — Non-Residential — In the case of any non- residential multi-unit building housing more than one (1) business or entity, each business or entity therein shall be metered individually. Monthly minimum service charges shall be based on the established charge by meter size. Where an existing single meter is installed in a water connection serving two (2) or more businesses or entities, the minimum monthly service charge sha11 also be based on the established charge by meter size. Fire protection charges for fire lines shall be separately included; see paragraph number 2 herein below. Page 1 of 5 D. Quantity Rate Charges for Residential and Non-Residential Rate Schedule - Applicable to all quantities of water shown by meter readings to have been delivered. i) Quantity Ste Rate Per 1,000 gallons or fraction thereof Current Step 1 $2.47 Step 2 $4.16 Step 3 $5.65 Step 4 $7.25 ii) Gallonage Allowance per Quantity Step Rate Table Meter Size Step 1 Step 2 Step 3 Step 4 3/4" 1- 12,000 12,001 - 25,000 25,001 - 40,000 Above 40,000 1" 1- 30,000 30,001 - 62,000 62,001 - 100,000 Above 100,000 LS" 1- 60,000 60,001 - 125,000 125,001 - 200,000 Above 200,000 2" 1- 96,000 96,001 - 200,000 200,001 - 320,000 Above 320,000 3" 1- 180,000 180,001 - 375,000 375,001 - 600,000 Above 600,000 4" 1- 300,000 300,001 - 625,000 625,041 -1,000,000 Above 1,000,000 6" 1- 600,000 600,001 -1,250,000 1,250,001 - 2,000,000 Above 2,000,000 2. Fire Protection Charges A. Monthlv Char�e. See Section 74.63 of the Village Code of Ordinances Within the Village $1.20 monthly Outside the Village $1.20 monthly B. Private Fire Connections (*) - The following monthly service charges shall apply to private fire lines for sprinkling systems or other fire protection systems: Meter Size Amount 2" $10.70 3" $24.44 4" $44.30 6" $106.95 8" $183.31 10" $238.98 (*) No taps will be allowed which may be used for other than fire protection purposes; and there shall be no connection with any other source of water. Page 2 of 5 3. Meter Installation Char�e — All water meters shall be installed by the Village of Tequesta, and the charge for making such meter installations or replacement of a meter of a different size upon request of the customer shall be as follows (all meters installed remain the property of the Village): A. Meter Installation Onl Meter Size Amount 3/4" $226.00 1" $254.27 1.5" $508.51 2" $776.89 Above 2" Actual Cost Plus 10% B. Meter Installation with Water Main Tap (includes service line — maximum 100 LF) Meter Size Amount 3/4" $678.03 1" $805.14 1.5" $1,073.52 2" $2,316.57 Above 2" Actual Cost Plus 10% Page 3 of 5 4. Interruated Service Charges A. Meter Turn On (New Accounts) ............................................. $35.30 B. Meter Turn On or Turn Off; Customer Request (vacation or close-out of account). (1) Tequesta Residents during business hours .................................................. $21.18 non-business hours .................................................... $45.77 (2) Non-Tequesta Residents during business hours ................................................. $26.48 non-business hours .................................................... $57.21 C. Meter Turn-Off; for Non-Payment - 4x min. monthly service charge for the specific meter. D. Transfer of Service . . . . . . . . . . . . . . . .. . . . . . . . .. . . . . . . . . . . .. . . . . . . . . . .... . . .. . . . ... $14.12 5. Capital Connection Charge Meter Size Water 3/4" $3,008.72 1" $7,521.72 1.5" $15,043.46 2" $24,069.51 6. Security Deuosits Meter Size Amount 3/4" (adjust per index) $90.70 1 " (3x month Service Charge) $116.84 1.5" (3x month Service Charge) $234.20 2" (3x month Service Charge) $37392 3" (3x month Service Charge) $701.17 4" (3x month Service Charge) $1,168.58 6" (3x month Service Charge) $2,337.18 7. Interest on Deuosits See Section 74-68 of the Village Code of Ordinances. 8. Meter or Hvdrant Re-location for Customer's Convenience — Actual cost plus 10% of all related charges. See Section 74-69 of the Village Code of Ordinances. 9. Emergencv Bulk Water Service Rate, per 1,000 gallons ....................... $2.19 10. Capacity Reservation Fee (monthlv per ERU) ................................. $10.33 Page 4 of 5 11. Water Restriction Surcharge Adiustment — See Section 74-74 of the Village Code of Ordinances. 12. Miscellaneous Fees and Charges A. Returned Check -$25.00 if the face value does not exceed $50.00; $30.00 if the face value is more than $50.00 but does not exceed $300.00; $40.00 if the face value is more than $300.00. B. Late Payment Fees —1 % of outstanding delinquent amount with a minimum charge of $5.00 C. Past Due Amounts on Disconnected Service - A 1% per month penalty will be charged on all past due amounts after discontinuance of service plus any and all costs associated with securing collection of the past due amount. D. Meter Re-read . . . . . . .. . . . . . . . . . . ... . . . . . . .. . .. . ... . . . . . . . . . .. . .. . . . . . . . . . . . . . . . ... $14.12 E. Meter Testin� 3/4" .................................................................................................. $63.59 1"............ .................................... . ............................. $77 69 1.5" ................................................................................................. $91.82 2" ........................................................................... $127.12 F. Field Premise Visit ............................................................... $21.18 G. Line Location Services ........................................................... $56.52 H. Plan Review ........................3% of the construction cost, $150.00 minimum. I. Inspection Fee, Per Visit ......................................................... $80.81 13. Tamnering with Turned-Off Service A. Removal charge ................................................................... $99.44 B. Re-installation charge 3/4" ............................................................................................ $248.62 1" or Larger ........................................................ Actual Cost C. Destruction of ineter related equipment (1) Assessment for replacement of ineter or meter related equipment (2) A minimum of $27.75 administrative charge per occurrence. 14. Surcharge - Customers Outside the Villa�e — a 25% surcharge on all rates, fees and charges included in this section, except for the fees and charges included in 12.A through 12.C, will be imposed for all customers located outside the corporate limits of the Village. 15. Automatic Annual Rate Adiustment — See Sections 74-72. and 74-73 of the Village Code of Ordinances. Resolution - E�ibit A-Utility Fee Exhibit Page 5 of 5 VILLAGE OF TEQUESTA, FLORIDA ,:�;. ��, =:�. , ,�, � -�� � � � , WATER SYSTEM REVENUE SUFFICIENCY STUDY October 26, 2015 Pubiic Resources Management Group, Inc. Utiliry, Rate, Financial and Management Consultants Public Resources Management Group, Inc. October 26, 2015 Mr. Michael R. Couzzo Village Manager Village of Tequesta 345 Tequesta Drive Tequesta, FL 33469-0273 Subject: Water System Financial Forecast and Revenue Suf�ciency Analysis Dear Mr. Couzzo: Public Resources Management Group, Inc. (PRMG) has completed our review of the sufficiency of the water monthly user rates for the Village of Tequesta, Florida (the "Village"), and has summarized the results in this letter report for your consideration. This report summarizes the development of proposed rate adjustments for water service that are considered necessary to meet the projected revenue requirements for the fiscal year ending September 30, 2016. The most important objective of this study was to develop proposed and projected utility rates that meet the anticipated water utility expenditure and funding requirements in order to maintain sound financial operations and finance the anticipated capital needs of the water system. Such capital needs include significant system rehabilitation and replacements. Other goals and objectives considered in the study included: • The proposed rates should maintain an acceptable financial position consistent with performance criteria used by credit rating agencies and the utility industry. This guideline entails the following: — Compliance with the rate covenant in the Village's existing loan agreements with Bank of America, N.A. (i.e., the 2004 and 2008 Promissory Notes). — Maintenance of adequate operating reserves. — Maintenance of ongoing capital reinvestment margins to balance equity and debt financing of capital improvements. • The proposed rates should be based on full cost recovery principles. • To the extent practical, any rate adjustments should be phased-in to limit customer "rate shock." K:\ 1056-08\Rpts\20I5 RevSufiLetter FY 2016 Mr. Michael R. Couzzo Village of Tequesta October 26, 2015 Page 2 • The proposed rates should be consistent with historical rate structures and pricing signals to limit any material rate impacts to the existing water system customers. � The proposed rates, to the extent practical, should be comparable with those of neighboring utility systems that have similar characteristics as the Village's water system. Following this letter, we have provided an executive summary that provides an overview of the study results and outlines our recommendations and conclusions. We appreciate the opportunity to be of service to the Village and would like to thank the Village's staff for their assistance and cooperation during the course of this study. Respectfully submitted, Public Resources Management Group, Inc. ��� � �� � Robert J. Ori President -� �' `�� I � ,��,�,"' ���% �' Jeffrey M. Wilson Supervising Consultant Attachments K:\1056-08\Rpts\2015 Tequesta RevSutlI.etter FY 2016 VILLAGE OF TEQUESTA, FLORIDA WATER SYSTEM REVENUE SUFFICIENCY STUDY TABLE OF CONTENTS Title Page No. Letter of Transmittal Table Contents .................................................................................................................. i Listof Tables ....................................................................................................................... ii EXECUTIVESUMMARY ................................................................................................1 K:\ 1056-08\Rpts�2015 RevSut�Letter FY 2016 1 VILLAGE OF TEQUESTA, FLORIDA WATER SYSTEM REVENUE SUFFICIENCY STUDY LIST OF TABLES AND FIGURES Table Number Description 1 Projected Net Revenue Requirements 2 Comparison of Typical Monthly Residential Bills for Water Service Figure No. Description 1 Comparison of Monthly Charges for Water Service for Residential Customers Using 8,000 Gallons Exhibit Description A Village of Tequesta Water Utilities Fees and Charges K:\ 1056-08�Rpts�2015 RevSuftLetter FY 2016 11 VILLAGE OF TEQUESTA, FLORIDA WATER SYSTEM REVENUE SUFFICIENCY STUDY EXECUTIVE SUMMARY The Village of Tequesta (the "Village") water system currently provides potable water service to the residents of the Village as well as certain unincorporated areas of Palm Beach County and Martin County. The Village's water system is established as a utility enterprise fund. According to the Governmental Accounting Standards Board, "Enterprise Funds should be used to account for operations that are financed and operated in a manner similar to private business enterprises — where the intent of the governing body is that costs of providing services to the general public on a continuing basis should be financed or recovered primarily through user charges." The goal of this study is to assist the Village in establishing water rates on a prospective basis sufficient to recover the cost of operating, maintaining, repairing, and financing the water system. The Village reyuested that Public Resources Management Group, Inc. (PRMG) prepare an update to the water rate study completed in 2008. This update was to include a five-year projection of the System revenue requirements (i.e., the projected expenditures and funding needs of the System) and the determination of the ability of the rate revenues to fund such needs (referred to as the "revenue sufficiency"). Specifically, PRMG was tasked to: i) provide a projection of revenue requirements for the System for the five-year period ending September 30, 2020; ii) provide a forecast of future rate adjustments necessary to fund the projected revenue requirements; and iii) design a schedule of proposed water rates to meet the projected revenue requirements through the end of Fiscal Year 2020. Based on discussion with Village staff, this letter addresses only the recommended rate adjustments for Fiscal Year 2016, as the future rate adjustments for Fiscal Years 2017 through 2020 are still being quantified. In our review of the existing water rates, we have relied upon certain information and data collected from the Village including Comprehensive Annual Financial Reports and other financial information prepared by the Village; the Adopted Fiscal Years 2015 and 2016 Budgets; customer statistics; records of operation; and other information and data provided by the Village. To the extent we have performed our analyses using the data and information obtained from the Village and others in the preparation of this report, we have relied upon such information to be accurate and no assurances are intended and no representation or warranties are made with respect thereto or the use made herein. Based on the assumptions identified in this report and as provided by Village management, PRMG made the following observations on behalf of the System: 1. The Village's Water System is approaching build-out with customer growth anticipated to be less than 0.5 percent annually. Cost of operations, which continue to escalate due to inflation, labor costs, insurance, fuel costs, miscellaneous repairs and maintenance, and alternative water issues are anticipated to increase approximately 3.2 percent over the Forecast Period resulting in declining revenue margins for the System. K:\1056-08�Rpts�2015 RevSuffLetter F"Y 2016 1 2. The Village has identified significant improvements to the Village's water filtration plant, various water distribution line replacement projects, well field rehabilitation projects, and other improvements over the next six (6) fiscal years; the capital improvement program identified for the Village during this time frame was estimated to approximate $7,190,862. For the purposes of the financial forecast it has been assumed that the Village will need to gradually phase in an increasing level of deposits to the Renewal and Replacement Fund in order to provide funds for pay-as-you-go capital financing from rate revenues for the replacement of assets as they age and begin to reach their average service life or become obsolete. It has assumed for the purposes of the financial forecast that the Village would increase the annual transfer to the Renewal and Replacement Fund from 5.0% to 10.0% of the prior year's rate revenues for Fiscal Year 2016. This is a practice used by many utilities and favored by credit rating agencies. 3. Based on discussion with Village staff, this letter addresses only the recommended rate adjustments for Fiscal Year 2016, as the future rate adjustments for Fiscal Years 2417 through 2020 are still being quantified. 4. The Village's existing rates for water service are not anticipated to fully fund the projected revenue requirements for Fiscal Year 2016. The projected operating results were developed and are shown on Table 1, at the end of this Report and summarized the recommend rate adjustment for Fiscal Year 2016 is summarized below: Estimated System Average Rate Percentage Adjustment Price Indexing Additional Rate Rate Combined Fiscal Year Adjustment Adjustment Increase 2016 0.00°/a 7.00% 7.00% [1] The actual price index adjustment far Fiscal Year 2016 was calculated as negative 0.40% based on the change in the Consumer Price Index published by the Bureau of Labor Statistics Southeaster Regional Office as of May 2015, but has been assumed to be zero (0) percent for the purposes of the forecast given the need the recommended overa117.0% system-wide increase in revenues for Fiscal Year 20] 6. 5. The proposed water rates for Fiscal Year 2016, as shown on E�ibit A at the end of this report, should be made effective no later than December 1, 2015. 6. If adopted, the proposed rates for Fiscal Year 2016 as reflected in the study should be adequate to meet the rate covenant requirements (e.g., debt service coverage) of the Village's Loan Agreements that authorized the issuance of the Village's outstanding utility revenue notes. 7. The proposed rates produce monthly water bills that are comparable with those of neighboring utilities. The proposed rates and charges are based on the recovery of the total costs anticipated for the Village and cost of service principles applied to such costs. As such, the proposed rates are considered by PRMG to be reasonable and reflect the cost of service for each utility system. K_\1056-08�Rpts�2015 Tequest WRevSuflStudy Report 2 VILLAGE OF TEQUESTA, FLORIDA WATER SYSTEM REVENUE SUFFICIENCY STUDY LIST OF TABLES AND FIGURES Table Number Description 1 Projected Net Revenue Requirements 2 Comparison of Typical Monthly Residential Bills for Water Service Figure No. Description 1 Comparison of Monthly Charges for Water Service for Residential Customers Using 8,000 Gallons E�ibit Description A Village of Tequesta Water Utilities Fees and Charges K:\1056-081ltpts�2015 Tequest WRevSuftStudy Repart 3 Table 1 Village ofTequesta Financial Forecast Proiected Net Revenue Reauirements Line Fiscal Year No. Description 2016 Operating Expenses: 1 Water Administration $ 1,000,550 2 Water Distribution 7ll,200 3 Water Production 1,709,150 4 Other Operating Expenses 132,432 5 Tota1 Operating Expenses $ 3,553,332 Other Revenue Requirements: 6 E�sting Debt Service $ 513,339 7 Proposed Debt Service - 8 Capital Funded From Rates - 9 Programmed Transfer to R&R Fund 454,665 10 Additional Transfer to R&R Fund - 11 Transfer to Operating Reserves - 12 Total Other Revenue Requirements $ 968,004 13 Gross Revenue Requirements $ 4,521,336 Less lncome and Funds from Other Sources: 14 Other Revenues $ 133,066 l 5 Interest Income 7,300 16 Transfer From Operating Reserves - 17 Net Revenue Requirements $ 4,380,970 18 19 Revenue From Existing Rates: $ 4,174,922 Revenue Surplus/(Deficiency) Under Existing Rates: 20 Amount $ (206,048) 21 Percent of Rate Revenue (4.94%) RATE RECOMMENDATIONS: Effective Increase 22 Projected Increase �.00% 23 Months Rate Increase in Effect 9.50 24 Revenue From Rates: 25 Current Year Rate Adjushnent 231,360 26 Prior Year Rate Adjustment - 27 Adjusted Rate Revenue $4,406,283 28 Revenue Surplus 1(Deficency) Under Proposed Rate Adjustments $25,312 29 As Percent of Existing Revenue 0.61% Page 1 of 1 I � l't0 � ���b � �� � ��� a ��? � aaQ � Q �aa � ��+o ? �S �O � ! M a -9+� ? 4 d 0 1 � ��J ; �l� � a �Js j ����la ����lt � al �,to�.J J � � i � od ��� 3 Sa J�t bA � � a C � .JO9��bsa,,� S a1 �0 � .r�n h� � '��l✓� �ij a ? ,t � iLr iLr ' QTg J �?l > G� � � �� �� � � o O O � G � � °,r� °.,la� � y � � r3 � v��la� �8.� = F U� � ���'�,ts � a ��¢� ���'� p,�� f � ., � a �v 8 O � O ( ��Oo � � A P� ` `� aQ � � C o ¢ _ :`�_��;: �?;?.: �:.�a�� 9� �'a �lO��� a O � O : � ��� a ��� A � ' � C� �� a � ,� L7 � � ., i" ' Cy p � ����5'.�0 � 9a� `g �sa� ba � � A 00 � � Ja � �� a°� a � F� � _ � �'p � a �l.r� 3 '�' .� i °�•�� "� _ � �.. � �� :�_v,..; h v� sa�� !l,t � � �,rp �s� i � s� ��j , � � `" ��J �,� 6 � � �� s �l� a � � a �L,,� p a � d � � �! r� P y �� a �L i, �t � � .� 9 �� e � � .� e8� �9,tq ( r ' !',!p d } O ; q ! T lqn o �•l ° o o ° o, o 0 0 ° o ° o � � o � o � o N o o� ��j� s�s sR � v� v3 ss � 4I Exhibit "A" Water Rate Resolution Vi11aEe of Tequesta Water Utilities Fees and Char�es l. Monthlv Water Service Charges A. Residential and Non-Residential Rate Schedule — Base Facilities Char�es The Base Facilities Charge is the minimum monthly charge and is based on meter size and monthly billing period as follows: Meter Size Basic Facilities Char e 3/4" $15.60 1" $38.95 1.5" $78.07 2" $124.66 3" $233.73 4" $389.52 6" $779.06 B. Metering of Multi-familv Buildin�s (M.F.) — Where a single meter is installed in a water connection serving a multi-family structure, the minimum monthly service charge shall be not less than an amount equal to the number of dwelling units multiplied by the minimum charge for a 5/8 inch meter or instailed meter size, whichever is greater. In the event there is a single meter measuring quantities of water for two (2) or more residential units, the gallons measured and charged pursuant to the terms of this section shall be prorated by dividing the total number of gallons metered by the number of units included on the single meter. C. Metering of Multi-Unit Buildings — Non-Residential — In the case of any non- residential multi-unit building housing more than one (1) business or entity, each business or entity therein shall be metered individually. Monthly minimum service charges shall be based on the established charge by meter size. Where an existing single meter is installed in a water connection serving two (2) or more businesses or entities, the minimum monthly service charge shall also be based on the established charge by meter size. Fire protection charges for fire lines shall be separately included; see paragraph number 2 herein below. Page 1 of 5 D. Quantitv Rate Charges for Residential and Non-Residential Rate Schedule - Applicable to all quantities of water shown by meter readings to have been delivered. i) Quanti Ste Rate Per 1,000 gallons or fraction thereof Current Ste 1 $2.47 Ste 2 $4.16 Ste 3 $5.65 Ste 4 $7.25 ii) Gallona e Allowance er Quanti Ste Rate Table Meter Size Ste 1 Ste 2 Ste 3 Ste 4 3/4" l- 12,000 12,001 - 25,000 25,001 - 40,000 Above 40,000 1° 1- 30,000 30,001 - 62,000 62,001 - 100,000 Above 100,000 1.5" 1- 60,000 60,001 - 125,000 125,001 - 200,000 Above 200,000 2" 1- 96,000 96,001 - 200,000 200,001 - 320,000 Above 320,000 3" 1- 180,000 180,001 - 375,000 375,001 - 600,000 Above 600,000 4" 1- 300,000 300,001 - 625,000 625,001 -1,000,000 Above 1,000,000 6" 1- 600,000 600,001- 1,250,001 - 2,000,000 Above 2,000,000 1,250,000 2. Fire Protection Char�es A. Monthlv Charge. See Section 74.63 of the Village Code of Ordinances Within the Village $1.20 monthly Outside the Village $1.20 monthly B. Private Fire Connections (*) - The following monthly service charges shall apply to private fire lines for sprinkling systems or other fire protection systems: Meter Size Amount 2" $10.70 3" $24.44 4" $44.30 6" $106.95 8" $183.31 10" $238.98 (*) No taps will be allowed which may be used for other than fire protection purposes; and Page 2 of 5 there shall be no connection with any other source of water. 3. Meter Installation Charge — All water meters shall be installed by the Village of Tequesta, and the charge for making such meter installations or replacement of a meter of a different size upon request of the customer shall be as follows (all meters installed remain the property of the Village): A. Meter Installation Onl Meter Size Amount 3/4" $226.00 1 " $254.27 1.5" $508.51 2" $776.89 Above 2" Actual Cost Plus 10% B. Meter Installation with Water Main Tap includes service line — maximum 100 LF Meter Size Amount 3/4" $678.03 1" $805.14 1.5" $1,073.52 2" $2,316.57 Above 2" Actual Cost Plus 10% Page 3 of 5 4. Interrupted Service Char�es A. Meter Turn On (New Accounts) ............................................. $35.30 B. Meter Turn On or Turn Off; Customer Request (vacation or close-out of account). (1) Tequesta Residents during business hours .................................................. $21.18 non-business hours .................................................... $45.77 (2) Non-Tequesta Residents during business hours ................................................. $26.48 non-business hours ........................................... . $57.21 C. Meter Turn-Off; for Non-Payment - 4x min. monthly service charge for the specific meter. D. Transfer of Service ............................................................. $14.12 5. Capital Connection Char�e Meter Size Water 3/4" $3,008.72 1" $7,521.72 1.5" $15,043.46 2" $24,069.51 6. Securitv Deposits Meter Size Amount 3/4" (ad'ust er index) $90.70 1"(3x month Service Char e) $116.84 1.5" 3x month Service Char e $234.20 2" (3x month Service Char e) $3'73.92 3" 3x month Service Char e $701.17 4" (3x month Service Char e) $1,168.58 6" (3x month Service Char e) $2,337.18 7. Interest on Deposits See Section 74-68 of the Village Code of Ordinances. 8. Meter or Hvdrant Re-location for Customer's Convenience — Actual cost plus 10% of all related charges. See Section 74-69 ofthe Village Code of Ordinances. 9. Emergencv Bulk Water Service Rate, per 1,000 gallons ....................... $2.19 10. Capacity Reservation Fee (monthly per ERU) ................................. $10.33 Page 4 of 5 1 l. Water Restriction Surchar�e Adiustment — See Section 74-74 of the Village Code of Ordinances. 12. Miscellaneous Fees and Char�es A. Returned Check -$25.00 if the face value does not exceed $50.00; $30.00 if the face value is more than $50.00 but does not exceed $300.00; $40.00 if the face value is more than $300.00. B. Late Pavment Fees — 1% of outstanding delinquent amount with a minimum charge of $5.00 C. Past Due Amounts on Disconnected Service - A 1% per month penalty will be charged on all past due amounts after discontinuance of service plus any and all costs associated with securing collection of the past due amount. D. Meter Re-read .................................................................... $14.12 E. Meter Testin� 3/4" .................................................................................................. $63.59 1" ............................................................................. $77.69 1.5" ................................................................................................. $91.82 2" ........................................................................... $127.12 F. Field Premise Visit ............................................................. $21.18 G. Line Location Services ........................................................... $56.52 H. Plan Review ........................3% of the construction cost, $I 50.00 minimum. I. Inspection Fee, Per Visit ......................................................... $80.81 13. Tamperin� with Turned-Off Service A. Removal charge ................................................................... $99.44 B. Re-installation charge 3/4" ............................................................................................ $248.62 1" or Larger ........................................................ Actual Cost C. Destruction of ineter related equipment (1) Assessment for replacement of ineter or meter related equipment (2) A minimum of $27.75 administrative charge per occurrence. 14. Surcharge - Customers Outside the Village — a 25% surcharge on all rates, fees and charges included in this section, except for the fees and charges included in 12.A through 12.C, will be imposed for all customers located outside the corporate limits of the Village. 15. Automatic Annual Rate Adiustment — See Sections 74-72. and 74-73 of the Village Code of Ordinances. Resolution - E�ibit A-Utility Fee E�ibit Page 5 of 5