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HomeMy WebLinkAboutDocumentation_Regular_Tab 05_07/14/2016 ��������� .- DATE: JiTNE 28, 2016 TO: MICHAEL R. COUZZO, VILLAGE MANAGER FROM: JOANN FORSYTHE, FINANCE DIRECTOR RE: ADOPTING STORMWATER RATES FOR FISCAL YEAR ENDING 9-30-2017 Attached is a resolution adopting Stormwater rates for fiscal year ending 9/30/2017 which includes a 5% increase from the prior year. Additionally, the Village budgeted to have a complete review of the Stormwater Utility perfortned to assess current and future needs as well as identifying any additional rate adjustments necessary to meet those needs. 7/8/1612:42 PM RESOLUTION NO. 18-16 A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, FLORIDA, ADOPTING THE STORMWATER RATES FOR FISCAL YEAR ENDING SEPTEMBER 30, 2017 AND AUTHORIZING THE VILLAGE MANAGER TO PROCEED IN ACCORDANCE WITH THE VILLAGE'S ADOPTED PROCEDURES; PROVIDING FOR SEVERABILITY; PROVIDING AN EFFECTIVE DATE; AND FOR OTHER PURPOSES.; WHEREAS, the Village Council adopts annual storm water rates as specified in the attached "Exhibit A" for Fiscal Year Ending September 30, 2017; WHEREAS, the Fiscal Year Ending September 30, 2017 rates represent a 5% increase from the prior year and; WHEREAS, the storm water rates are to be adopted by resolution and transmitted to the Palm Beach County Property Appraiser as part of a uniform method of assessment of these rates by the Village of Tequesta; 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 hereby adopts the rates attached to this Resolution as Exhibit A to be effective October 1, 2016 for Fiscal Year Ending September 30, 2017 and authorizes the Village Manager to proceed on behalf of the Village in order to provide for their uniform assessment; Section 2 This Resolution shall become effective immediately upon passage. VILLAGE OF TEQUESTA PROPOSED STORMWATER RATES FOR FISCAL YEAR ENDING 9/30/2017 "EXHIBIT A" NAV FORMULA RATE FORMULA FORMULA FORMULA FORMULA RATE (Proposed - 5°6 CODE NAV TYPE NAV DESCRIPTION MINIMUM MAXIMUM Current Increase 0046001A SFH Tequesta SFH area A 1 2506 55.588 58.3674 0046001B SFH Tequesta SFH area B 2507 4621 85.52 89.7960 0046001C SFH Tequesta SFH area C 4622 111.176 116.7348 0046002 CON Tequesta Condo 57.2984 60.1633 0046003 MFH Tequesta MFH 71.8368 75.4286 0046004 COM Tequesta COM (area/3576) 0.0239149 0.02511065 0046005 GOV Tequesta GOV (area/3576) 0.0239149 0.02511065 0046006 IND Tequesta IND (area/3576) 0.0239149 0.02511065 0046007 MH Tequesta MH (area/3576) 0.0239149 0.02511065 0046008 VAC Tequesta VAC 0