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HomeMy WebLinkAboutCity Council Resolution 1998-439CITY OF PLYMOUTH RESOLUTION NO 98-439 APPROVING WATER UTILITY RATE STUDY WITH SPRINGSTED WHEREAS, the City's water utility has not had a rate study performed for over ten years, and WHEREAS, the water rates, demand charges, senior citizen discounts and hydrant inspections charges need to be reviewed, and WHEREAS, Springsted, the City's Financial Consultants, have provided a proposal to perform the Water Utility Rate Study for $8,940, and the City Council has reviewed the proposal, and WHEREAS, fiinds are available within the Water Fund to perform the study. NOW, THEREFORE BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA, that the proposal from Springsted to perform a Water Utility Rate Study for $8,940 is hereby approved. FURTHER BE IT RESOLVED, that fiinds for the study shall come from the Water Fund. Adopted by the City Council on July 22, 1998