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13-R-72A - SSLGC FY 2013-14 Water RatesRESOLUTION NO. 13-R-72 A RESOLUTION BY THE CITY COUNCIL OF THE CITY OF SCHERTZ, TEXAS APPROVING THE SCHERTZ-SEGUIN LOCAL GOVERNMENT CORPORATION FISCAL YEAR 2013-14 WATER RATES, AND OTHER MATTERS IN CONNECTION THEREWITH WHEREAS, the City staff of the City of Schertz (tl~e "City") has recommended that The City approve the Schertz-Seguin Local Government Corporation Fiscal Year 2013-14 Water Rates; and WHEREAS, the City Council has determined that it is in the best interest of the City to approve the rates to ensure That the citizens and businesses of Schertz continue to receive excellent and vital water service. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SCHERTZ, TEXAS THAT: Section 1. The City Council hereby authorizes the approval of the Schertz-Seguin Local Corporation Fiscal Year 2013-14 Water Rates. Section 2. The recitals contained in the preamble hereof are hereby found to be true, and such recitals are hereby made a paz•t of this Resolution for all purposes and are adopted as a paz•t of the judgment and findings of the City Cozancil. Section 3. All resolutions, or parts thereof, which are in conflict or inconsistent with any provision of this Resolution are hereby repealed to the extent of such conflict, and the provisions of this Resolution shall be and remain controlling as to the matters resolved herein. Section 4. This Resolution shall be construed and enforced in accordance with the laws of the State of Texas and the United States of America. Section 5. If any provision of this Resolution or the application thereof to any person or circumstance shall be held to be invalid, the remainder of this Resolution and the application of such provision to other persons and circumstances shall nevertheless be valid, and the City Council hereby declares that this Resolution would have been enacted without such invalid provision. Section b. It is officially found, determined, and declared that the meeting at which this Resolution is adopted was open to the public and public notice of the time, place, and subject matter of the public business to be considered at such meeting, including this Resolution, was given, all as required by Chapter 551, Texas Government Code, as amended. Section 7. This Resolution shall be in force and effect from and after its final passage, and it is so resolved. PASSED AND ADOPTED, this I7th day of September, 20I3, ATTEST: ren a Dennis, City Secretary {CITY SEAL) CITY O S Michael R. Carpenter, Mayar sosa~zzi.i - 2 - SCHERTZ/SEGUIN LOCAL GOVERN141ENT CORPORATION STATE OF TEXAS COUNTY OF GI3ADALUPE Resolutiota~ # SSLGC R13-10 A RESOLUTION ADOPTING THE SCHERTZ/SEGUIN LOCAL GOVERNMENT CORPORATION FISCAL YEAR 2013-2014 WATER RATES WHEREAS, the Schertz/5egt~r Local Goverrui7ent Corporation provides water to several entities; and WHEREAS, expenses are inc~u~ied ua providing the water; axed WHEREAS, it is necessary to sct water rates to be assessed for the provision of the water in carder to cover expenses; and WHEREAS, the Schertz/Seguin Local Gavcrrunent Corporation has adopted a revenue requirement systean using the AWWA cash basis of ratemaking and adopted a rninimtun debt coverage ratio regrurctneat of 1.25 or greater; and WHEREAS, the water rate sct;edrile For the fzscal year 2fl13-2014 for the Scliertz/5eg~un Local Goveriament Corporation is attached as Exhibit r'1. NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE SCHERTZ/SEGUIN LOCAL GOVERNMENT CORPORATION: The water rates for f€scal year 20'13-2D14 to be effective Cxctober i, 2013 are hereby approved and adapted, Passed and approved this the 20'h day of Tone, 2013. ~~ ~~~~ Ken Gre wall, President Attest: ~-~ _ Larry Dublin, Secretary OR Robin Dwyer, Assistatrt Secretary 1of1 4i(~~ll) (~Ri(;tNAI,(S): I ~J SSLGG PROPOSED WATER RATES ~'OR FY2013-2014 iJffective October 1, 2013 1. Water Rate for Schertz and Seguin Operations at;d Maintenance Water Leases Rate per 1,000 gallons Scl~ertz Annual llebt Service Payment Seguin Annual Debt Service Payment 1±Y2012~2013 $0.82 $0.73 $1.55 $1,516,043 $1,51b,043 2. Water Rate for Selma and Universal City Operations and Maintenance Water Leases Transportation Cities Distribution Rate per 1,000 gallons 3. Water Rate far Springs Hill Operations & Maintenance Water Leases Cities Dkstriblitlpn Rate per 1,000 gallons Springs Nill Annual Debt Service Payment 4. Water Rate for Converse Operations & Maintenance Water Leases Cities Distribution Rate per 1,000 gallo~is Converse Annual Debt Service Payment $D.BZ $D.73 $0.38 $~ $2.09 $0.82 $0.73 $0.26 $1.71 $2DO,DDO $0.82 $a.73 $3_,'71 $20D,aoo 1iY2013-2 014 $0.82 $D.73 $1.55 $1,425,008 $1,425,DD8 $0.8Z $0.73 $D.38 $0.19 $2.12 $D.8Z $D.73 $1.55 $200,000 $0.8Z $D,73 ~D.19 $3..74• $200,000 Page 1 of 2 5. Water Rate for SAWS - T1 Operations & Maintenance 50,82 Rate per 1,000 gall©ns $0.82 SAWS - T~. Annual Debt Service Payment $1,042,448 G. Water Rate fnr SAWS - T2 Effectirre Rate per 1,,U00 gallons $2.47 Page 2 of 2