UTILITY
FEES REVIEW COMMITTEE
CITY HALL, 100 LOCKVILLE ROAD
TUESDAY, AUGUST 30, 2005
7:30 P.M.
1. ROLL CALL. Ms Gilleland called the meeting to order at 7:00 P.M., with roll call as follows: Mr. Hackworth, Mr. Walburn, Mr. Wright, Mr. Sauer, and Mr. Snyder were present. No members were absent. Others present were: Judy Gilleland, Lynda Yartin, Ed Drobina, Linda Fersch, Mike Sabatino, Dennis Schwallie, and others.
2. Introduction of Members and Staff. Each member of the Committee introduced himself and Ms Gilleland introduced all staff members providing support to the Committee.
3. SCHEDULED MATTERS:
A. Purpose of Committee. Ms Gilleland explained the purpose of the Committee was to examine the user fees and capacity fees for our water, wastewater, and possibly storm water as well. She stated it would probably be best to start with a review of the capacity fees. She stated we want to ensure that the user and capacity fee revenues are meeting the expenses for the operation and on-going maintenance of our water and sewer utilities, and capital projects as well. She stated by ensuring that our fees are meeting our expenses we will ultimately be able to exchange our current debt from general obligation bonds into revenue bonds. She stated this would free up space in our general obligation category for the City to fund general projects.
B. Issues and Items to Review. Ms Gilleland stated the Committee members were provided with a great deal of information this evening and reviewed the orientation packet and the various reports and documents. Mr. Dennis Schwallie, the City’s Bond Counsel, was present and provided a clarification on General Obligation Bonds and Revenue Bonds.
C. Overall Goal of Committee. Ms Gilleland stated the overall goal of the Committee will be to establish a plan for rate and capacity fee adjustments that will be valid for revenue bond purchasers. She stated that water and sewer rates have not been increased since 1992 and 1990. Mr. Drobina reviewed the history of expenses and revenues for both water and sewer and Mrs. Fersch provided a review of the Sewer Fund and Water Fund debt.
D. Schedule for Future Meetings. Ms Gilleland ascertained that all Committee members would like a tour of both the water and wastewater plants and a facilities tour was scheduled for September 12, 2005, at 6:00 P.M. The next Utility Fees Review Committee meeting was scheduled for September 19, 2005, at 7:00 P.M. Ms Gilleland stated at the next meeting the Committee will elect a Chairman and Vice Chairman from among themselves and a regular meeting schedule will be established.
4. ADJOURNMENT: There being nothing further, Mr. Hackworth moved to adjourn; Mr. Snyder seconded the motion. Mr. Hackworth, Mr. Snyder, Mr. Sauer, Mr. Wright, and Mr. Walburn voted “Aye.” Motion carried, 5-0. The meeting adjourned at 9:10 P.M., August 30, 2005.
RESPECTFULLY SUBMITTED:
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Lynda D. Yartin, Municipal Clerk