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HomeMy WebLinkAboutOrdinance_12-08_06/12/2008ORDINANCE NO. 12-08 AN ORDINANCE OF THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, FLORIDA, AMENDING CHAPTER 74. UTILITIES. AT ARTICLE II. WATER SERVICE. AT DIVISION 2. RATES AND CHARGES. BY AMENDING SECTIONS 74-68, 74-72, 74-73, 74-74 AND 74-79 TO PROVIDE FOR UPDATED LANGUAGE REGARDNG UTILITY SECURITY DEPOSITS, CPI INCREASES, WATER RESTRICTION SURCHARGES AND SURCHARGES OUTSIDE CORPORATE BOUNDARIES; PROVIDING THAT EACH AND EVERY OTHER SECTION AND SUB-SECTION OF CHAPTER 74. UTILITIES. SHALL REMAIN IN FULL FORCE AND EFFECT AS PREVIOUSLY ADOPTED; PROVIDING A CONFLICTS CLAUSE, A SEVERABILITY CLAUSE AND AUTHORITY TO CODIFY; PROVIDING AN EFFECTIVE DATE; AND FOR OTHER PURPOSES. WHEREAS, the Village Council desires to update its utility regulations in order to be consistent with changes in the law and for consistency with its rate resolution; and WHEREAS, the Village Council believes this ordinance to be in the best interests of the Village of Tequesta. NOW, THEREFORE, BE IT ORDAINED BY THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, AS FOLLOWS: Section 1: Chapter 74. Utilities. of the Code of Ordinances of the Village of Tequesta is hereby amended at Article I I. Water Service. by revising Sections 74-68, 74- 72, 74-73, 74-74 and 74-79; providing that Sections 74-68, 74-72, 74-73, 74-74 and 74-79 shall hereafter read as follows: DIVISION 2. RATES AND CHARGES Sec. 74-68. Security deposit. There shall be a security deposit as established by resolution of the Village Council and on file in the Village Clerk's office for each account, to be paid at the time of application for water service. The security deposit is intended as security for payment of any final bill prior to disconnection. The security deposits may be credited to the accounts of customers with good payment records by policy established by the Village from time to time, or otherwise shall be credited to the account when it is closed. In computing the final bill for an account, any outstanding security deposit shall be credited to that account and the remaining -1- balance, if any, after being credited toward the final bill shall be returned to the customer. The deposit will ~ bear interest at the prevailing rate and shall be credited to each account at regular intervals, all as determined by the Village. Sec. 74-72. Automatic annual rate adjustment. The Village adopts annually, effective with bills rendered on and after October 1, 1999, and each year thereafter, an automatic annual index rate adjustment to be applied to all of the rates, fees and charges as contained in this division, including the minimum monthly service charge and quantity charge which are immediately in effect prior to the application of such annual index rate adjustment. The annual index rate adjustment shall be calculated in accordance with Section 74-73. below. The rates, fees, and charges which are adjusted for the application of the annual index adjustment shall be rounded to the nearest cent. Sec. 74-73. Annual index rate calculation. The annual index rate adjustment will be determined based on the application of the following calculation formula: Price Index = [(OC - PW) *CPIF) * (1+RRF)] MOR Whereby: Price Index =The index adjustment factor to be applied to the monthly rates, fees and charges. OC = The Fiscal Year operating expenses for the most recently completed Fiscal Year. PW =The cost of water purchased during such fiscal year. CPIF = The CPI Factor defined as the percentage change in the Consumer Price Index published by the Bureau of Labor Statistics Southeastern Regional Office as of May of each and every year. RRF =5.0% to allow for increased costs associated with funding renewal and replacements. -2- MOR = The Fiscal Year revenues derived from the monthly service charges, which includes the Base Facilities Charges and the Quantity Charge, for the most recently completed Fiscal Year. Sec. 74-74. Water restriction surcharge adjustment. If the South Florida Water Management District or other authority having jurisdiction declares a water shortage requiring mandatory curtailment or imposes guidelines to be followed which result in a 15 percent reduction in water usage at minimum, the consumption charges listed in this division shall be increased 18 percent. If a reduction of water use in excess of 15 percent is required or such a guideline is imposed, the Village Council may establish by resolution an appropriate surcharge based upon a recommendation of the village manager as to the revenue required to comply with debt service covenants or to meet other requirements of the water system. Sec. 74-79. Surcharge for consumers outside village. (a) The schedule of rates and charges for water services furnished to consumers outside the corporate limits of the village shall include an additional 25 percent water surcharge fee to offset water system improvements and maintenance costs, as authorized by the state legislature Section 2: All Ordinances or parts of Ordinances in conflict be and the same are hereby repealed. Section 3: Should any Section or provision of this Ordinance or any portion thereof, any paragraph, sentence or word be declared by a Court of competent jurisdiction to be invalid, such decision shall not affect the validity of the remainder of this Ordinance. Section 4: Specific authority is hereby granted to codify this Ordinance. Section 5: This Ordinance shall become effective immediately upon passage. -3- Upon First Reading this 8th day of May 2008, the foregoing Ordinance was offered by Council Member Paterno who moved its adoptio. The motion was seconded by Vice- Mayor Turnquest and upon being put to a vote, the vote was as follows: Mayor Pat Watkins Vice-Mayor Calvin Turnquest Council Member Vince Arena Council Member Tom Paterno Council Member Jim Humpage For Adoption Against Adoption X X X X X Upon Second Reading this 12th day of June 2008, the foregoing Ordinance was offered by Council Member Paterno who moved its adoption. The motion was seconded by Council Member Humpage and upon being put to a vote, the vote was as follows: Mayor Pat Watkins Vice-Mayor Calvin Turnquest Council Member Vince Arena Council Member Tom Paterno Council Member Jim Humpage For Adoption X Against Adoption X X X X The Mayor thereupon declared the Ordinance duly passed and adopted this 12T" day of June, 2008. MAYOR OF TEQUESTA ATTEST: 1 ~~ L Pat Watkins ` E . FQ'. '~~`~ ~ P ORq jG.~`''. 61.x. -'1~°~ ~ L ~ Lac crm. ~~ FOR ~c`.`n-~: Lori McWilliams, CMC SEAL '•~ .INCORPORATED: Village Clerk ,_,~., ~ ~ ,_ ,