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Ordinance - Amending Waste Rates and Charges

Ordinance No. 2018-13

AN ORDINANCE AMENDING RATES AND CHARGES

FOR THE USE OF THE WASTEWATER SYSTEM

AND RELATED SERVICES OF THE TOWN OF WOLCOTT

WHEREAS, Indiana Code Section 8-1.5-3-8 requires that the Town of Wolcott (“Town”) on behalf of its utility establish rates and charges which will produce an income sufficient to maintain the utility property in sound physical and financial condition to render adequate and efficient service; and

WHEREAS, said Code section requires that rates and charges shall be collected from the owners of each and every lot, parcel of real estate or building that is connected with the Town wastewater system. Such rates and charges shall produce sufficient revenue to: (1) pay all the legal and other necessary expenses incident to the operation of the utility, including: (A) maintenance costs; (B) operating charges; (C) upkeep; (D) repairs; (E) depreciation; and (F) interest charges on bonds or other obligations, including leases; (2) provide a sinking fund for liquidation of bonds or other obligations, including leases; (3) provide a debt service reserve for bonds or other obligations, including leases, in an amount established by the municipality, not to exceed the maximum annual debt service on the bonds or obligations or the maximum annual lease rentals; (4) provide adequate money for working capital; (5) provide adequate money for making extensions and replacements to the extent not provided for through depreciation in subdivision (1); and (6) provide money for the payment of any taxes that may be assessed against the utility.

WHEREAS, the Town Council of the Town has previously adopted Ordinance No. 2011-03 (collectively, “Ordinance”) establishing the wastewater rates and charges for the use and services rendered by the wastewater works of the Town; and

WHEREAS, the Town Council finds that the rates and charges established by the Ordinance are insufficient to enable the Town to properly operate its wastewater plant, service its bonds and finance additions and improvements to its wastewater system; and

WHEREAS, the Town Council of the Town has employed H. J. Umbaugh & Associates, a certified public accounting company, to study the financial status of the town’s utilities, to complete financial and rate studies, and based upon such rate study, the Town Council of the Town finds that certain rates and charges contained in the Ordinance should be increased.

NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF WOLCOTT, INDIANA:

Section 1. The following rates are hereby amended and restated in the following phases:

Effective January 1, 2019

Metered Rates

Based on Monthly Water Usage

Treatment Rate

Treatment Rate Per 1000 Gallons $ 7.61



Base Charge (in addition to treatment rate)Per Month Water Meter


[1] All connection charges will be made at the actual cost of making the connection – at a minimum of $1,225.00.

PERMIT FEE

No connection to the Town’s wastewater systems shall be allowed until an inspection fee of $30.00 has been made to the Town, and an inspection by the Wolcott Wastewater Superintendent and/or Wolcott Municipal Utilities Employee has been made and certified that said connection is correct and allowable.

Section 2. The invalidity of any section, clause, sentence or provision of this Ordinance shall not affect the validity of any other part of this Ordinance, which can be given effect without such invalid parts or parts.

Section 3. All other provision of all other rates and charges established by the

Ordinance shall remain in full force and effect.

Section 4. This ordinance shall be in full force and effect from and after its passage.

PASSED AND ADOPTED by the Town Council of the Town of Wolcott, Indiana on the 4th day of September, 2018.

Aye Nay


/S/ MICHAEL A. YELTON

Michael A. Yelton, Council President

Michael A. Yelton, Council President

FRED A. YOUNG

Fred A. Young, Council Member

Fred A. Young, Council Member

MICHAEL J. JOHNSON

Michael J. Johnson, Council Member

Michael J. Johnson, Council Member

Stephen Schemerhorn, Council Member

Stephen Schemerhorn, Council Member

ATTEST:

/S/ LINDA S. BAJZATT

Linda S. Bajzatt, IAMC, CMC

Clerk-Treasurer

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