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40 <br />11, E S O L U 'T' I O N h10 . 74-70 <br />WHEREAS, URBAN DEVELOPMENT U`T'ILITIES, INC. did <br />4 petition this Board for a rate increase, and <br />WHEREAS, a public hearing was duly noticed and held, and <br />WHEREAS, this Board did find an economic need for a rate <br />increase, <br />NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF <br />COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, <br />That a rate increase is hereby approved for Urban Development <br />Utilities, Inc. franchise as follows: <br />Water <br />$5. 20 for the first 2, 000 gallons of water <br />$1. 00 for each 1, 000 gallons thereafter <br />Sewer <br />$5. 50 per month per hook-up <br />BOARD OF COUNTY COMMISSIONERS <br />OF INDIAN RIVER COUNTY, FkO/RIDA <br />By Z2U'"Gn <br />Alma Lee Loy, Chairman <br />ATTEST: <br />C.lerkFi- T <br />(copies to Urban h(avc-lopment) <br />