15-R-68 - SSLGC-2015-16 Water RatesRESOLUTION NO. 15 -R -68
A RESOLUTION BY THE CITY COUNCIL OF THE CITY OF
SCHERTZ, TEXAS APPROVING THE SCHERTZ /SEGUIN LOCAL
GOVERNMENT CORPORATION FISCAL YEAR 2015 -16 WATER
RATES, AND OTHER MATTERS IN CONNECTION THEREWITH
WHEREAS, the City staff of the City of Schertz (the "City ") has recommended that the
City approve the Schertz/Seguin Local Government Corporation Fiscal Year 2015 -16 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 2015 -16 Water Rates.
Section 2. The recitals contained in the preamble hereof are hereby found to be true,
and such recitals are hereby made a part of this Resolution for all purposes and are adopted as a
part of the judgment and findings of the City Council.
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any provision of this Resolution are hereby repealed to the extent of such conflict, and the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 6. 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 4th day of August, 2015.
CITY OF SCIR Z, TEXAS
Michael R. Carpenter, Mayor
ATTEST:
y
\lhth"d—a Dennis, City Secretary
(CITY SEAL)
50506221.1 - 2 -
Resolution # SSLGC R15 -07 - REVISED
SCHERTZ /SEGUIN LOCAL GOVERNMENT CORPORATION
STATE OF TEXAS
COUNTY OF GUADALUPE
A RESOLUTION ADOPTING THE SCHERTZ /SEGUIN LOCAL GOVERNMENT
CORPORATION FISCAL YEAR 2015 -2016 WATER RATES
WHEREAS, the Schertz /Seguin Local Government Corporation provides water to several entities; and
WHEREAS, expenses are incurred in providing the water; and
WHEREAS, it is necessary to set water rates to be assessed for the provision of the water in order to cover
expenses; and
WHEREAS, the Schertz /Seguin Local Government Corporation has adopted a revenue requirement system using
the AWWA cash basis of ratemaking and adopted a minimum debt coverage ratio requirement of 1.25 or greater;
and
WHEREAS, the water rate schedule for the fiscal year 2015 -2016 for the Schertz /Seguin Local Government
Corporation is attached.
NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE
SCHERTZ /SEGUIN LOCAL GOVERNMENT CORPORATION:
The water rates for fiscal year 2015 -2016 to be effective October 1, 2015 are hereby approved and adopted.
Passed and approved this the 23' day of July, 2015.
Attest:
Bob Pees, Assistant Secretary
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Karl Greenwald, President
SIGNED ORIGINAL.(s ): 1
SSLGC WATER RATES FOR FY2015 -2016
REVISED
Effective October 1, 2015
1. Water Rate for Schertz and Seguin
Operations and Maintenance $0.82
Water Leases
Rate per 1,000 gallons $1.55
*Schertz Annual Debt Service Payment $1,681,869
*Seguin Annual Debt Service Payment $1,681,869
2. Water Rate for Selma and Universal City
Operations and Maintenance
$0.82
Water Leases
$0.73
Transportation
$0.38
Cities Distribution
X12
Rate per 1,000 gallons . $2.12
3. Water Rate for Springs Hill
Operations & Maintenance
$0.82
Water Leases
V=
Rate per 1,000 gallons
$1.55
Annual Debt Service Payment
$200,000
4. Water Rate for Converse
Operations & Maintenance
$0.82
Water Leases
$0.73
Cities Distribution
1
Rate per 1,000 gallons
$1.74
Converse Annual Debt Service Payment
$200,000
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�S'S7..GC
Board Appwvlji h 2 , 0'15
5.
6.
7.
SSLGC WATER RATES FOR FY2015 -2016
VISE
Effective October 1, 2015
Water Rate for SAWS - T1
. Operations & Maintenance
Rate per 1,000 gallons $0.82
*SAWS (SSLGC) — T1 Annual Debt Svc Payment $ 735,332
*SAWS (2012 Bond) — T1 Annual Debt Svc Payment $1,512,087
Water Rate for SAWS — T2
Operations and Maintenance
Water Leases
Rate per 1,000 gallons
* SAWS — T2 Annual Debt Service Payment
(Oct — Dec)
Effective Water Rate for Other Customers
& SAWS — T2 after Dec 31, 2015
Rate per 1,000 gallons
$0.82
0.7-3
$1.55
$2.70
$ 520,368
TOTAL DEBT SERVICE $6,531,525
*Note: The monthly amounts may vary in order to accommodate the due dates of the
debt service payment schedule.
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SSLt:: >C:: f r lzt 1 for zcrl ju!} 23, 2015