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HomeMy WebLinkAbout1977-00540 0 2 RESOLUTION NO. 77-5 WHEREAS, This Board heretofore did grant a water and sewer franchise to Southern Gulf Utilities, Inc. , said franchise being known as the Southern Gulf Utilities Water and Sewer Franchise, and, WHEREAS, this Board approved the transfer of said franchise to Treasure Coast Utilities, Inc. by Resolution No. 78-32 and, WHEREAS, this Board did receive a request in writing from Treasure Coast Utilities, Inc. for a sewer and water rate increase and, WHEREAS, after public notice of public hearing, the Board of County Commissioners finds that a sewer and water rate increase are to be justified and in the public interests and that Section XIV of the Southern Gulf Utilities, Inc. Water and Sewer Franchise as transferred to Treasure Coast Utilities, Inc. should be amended accordingly and, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, that 1. SECTION NIV of Southern Gulf Utilities, Inc. Water and Sewer Franchise as transferred to Treasure Coast Utilities, Inc. is hereby amended as follows: SECTION XIV The rates charged by the Owner for its service hereunder shall be fair and reasonable and designed to meet all necessary costs of the service, including a fair rate of return on the net valuation of its properties devoted thereto under efficient and economical management. The Owner agrees that it shall be subject to all authority now or hereafter possessed by the County or any other regulatory body having competent jurisdiction to fig: just, reasonable and compensatory rates. The Owner shall have authority to charge and collect, but not to exceed the following schedule of rates, which shall remain effective until changed or modified as herein provided, to -wit: MONTHLY WATER RATES First 3500 gallons $5.00 minimum per month Over 3500 gallons $1.25 per 1000 gallons or any part thereof The foregoing water rates shall apply per residential or commereial unit. A"residential unit" for purposes of this Section is defined as a residential structure intended for the use of a single family. A "commercial unit" for purposes of this Section, is any structure or part thereof not used primarily for residential purposes. Water Hook-up and Connection Charge -$3.50.00 -per residential or commercial unit. (Payable upon initial connection) _Guarantee Deposit for Water Service (Retunrable)_-_$10.00 - 6% per annum interest payable annually to customer�� CA MONTHLY SEWER SERVICE RATES One bathroom or part thereof per residential or commercial unit $7.00 minimum Each additional bathroom or part thereof per residential or commercial unit $1.00 Sewer Hook-up and Connection Charge - $600.00 - per residential or commercial unit. (Payable upon initial connection) Guarantee Deposit for Sewer Service - $15.00 returnable - 6% per annum interest payable annually to customer Dated this 1��day of1977, BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA By y!/ X41 — Approved as to Form: if B Count§ Atto y 2-