BY COUNCILOR STOVER:
RESOLVED, that, pursuant to Section 43-66 of the Duluth City Code, 1959, as amended, for the purpose of increasing the revenue of the stormwater utility, there is established a user charge as provided in said ordinance effective November 1, 2006. The user charge rate shall be $5.20 per equivalent residential unit (ERU = 1,708 impervious square feet) per month.
RESOLVED FURTHER, that any prior rate resolutions inconsistent or conflicting with this resolution are hereby rescinded.
STATEMENT OF PURPOSE: This resolution sets a new user charge rate for the stormwater utility effective November 1, 2006. The revenue increase realized from the new user charge will recover the increased capital costs of storm sewer replacement and repair, the annual contribution for the accrued actuarial liability of retiree healthcare and operating cost increases since the inception of the stormwater utility in 1998.