1983-099 - Laserfiche WebLink

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RESOLUTION NO. 83-99 A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY AUTHORIZING AN INCREASE IN RATES GRANTED IN RESOLUTION NO. 79-51 AND PROVIDING FOR CERTAIN MODIFICATION TO THE FRANCHISE AGREEMENT GRANTED TO ROSELAND PLAZA SHOPPING CENTER. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA that Resolution No. 79-51, be amended to reflect the following rate schedule and approved with the franchise modified as follows: 1. Section 14 of Resolution No. 79-51, as amended, is hereby amended to insert the following new rate schedule: SECTION 14 RATE SCHEDULE Water Rate - Monthly Base Facility Charge 5/8" meter $ 32.00 1" meter 75.00 141" meter 100.00 112" meter 250.00 2" meter 300.00 Gallonage Fee All water usage will be billed at $1.50 per 1,000 gallons and sewage will be billed at 1.5 X the water charge. 2. Section 24 is hereby created and added to Resolution No. 79-51, as amended, to read as follows: SECTION 24 A) FRANCHISE FEE The Utility hereby agrees to pay to the County a franchise fee in the amount of six percent (6%) of the Utility's annual gross receipts, (or the sum of five hundred dollars ($500) whichever is greater), derived from monthly service charges to defray the cost of regulation and for use of County rights-of-way and public places. The Utility shall pay the 6% franchise fee quarterly. Said fee shall be shown as a separate additional charge on utility bills. The Utility shall supply the County with a copy of the Utility's annual report and financial statements. All records and all account- ing of Utility shall be in accordance with the Uniform System of Accounts of the National Association of Regulatory Utilities Commis- sioners and general accepted accounting principles. Within ninety (90) days after close of fiscal year, the Utility shall submit finan- cial statements prepared by a CPA and in accordance with general accepted accounting standards and NARUC. Upon demand by the Board, the Utility will submit audited financial statements certified by a CPA. Also, a letter from a CPA certifying that the 6% franchise fee and the two and one-half (212) percent renewal and replacement account has been collected and disbursed in accordance with the terms of this Agreement.