Agenda - Council - 12/15/1998 - Laserfiche WebLink

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DATE: TO: December J~', 199~ J~, Finance Officer CC: ' ' ' ,~ity Administrator Sylvia Frolik, Zoning Administrator FROM: Steve Jankowski, City Engineer RE: Sewer and Water Trunk Charges for 1993'? At the present time, our standard trunk charges for sewer and water service are $~°'4' and $4-;079 per R.E.C., respectively. It has been the policy to adjust these charges annually based upon the construction cost as reported by "Engineering News Recortf', the national publication for the construction and engineering industry. The last time the sewer and water trunk charges were adjusted was January 199fK'. Below is the rationale for adjusting the sewer and water trunk charges. 7 Construction Cost Index Sewer Trunk Charge .(Per R.E.C.) Water Trunk Charge (.Per R.E.C.) Sewer Trunk Charge Charge / residential equivalent Charge / acre residential Charge / acre comm./industrial Lateral Benefit -t~.e,m~be, r4996 -57, ,~'~-. 502 -- 1, t ~ J- December 1997,~ 5,858 513 1,144 The adjustment of the basic R.E.C. charges relates to the following for equivalent industrial, commercial and residential per acre charges: ' ~ $513 $1,542 $~5~ $2,825 $2,914 Water Trunk Charge Charge / residential equivalent Charge / acre residential Charge / acre comm./industrial Lateral Benefit Combined Sewer & Water Trunk Charges Charge / residential equivalent Charge / acre residential Charge / acre comm./industrial Lateral Benefit $( 4 $1~621 $4/,~66 $8~20 $9,194 $1,144 $3,433 $6,292 $6,486 $1,657 $4,975 $9,118 $9,400 *Based on CCI, 20 city average, as 'reported by ENR in December ~ 1997 issue. /ocr ¢