Title
Approving a resolution accepting Windermere water and wastewater rates as specified in the updated water and sewer utility tariffs.
Summary
The City Council, following procedures outlined in the 2014 Water and Sewer Rate Stabilization Agreement between the City and Windermere Utility Company, approved a Windermere utility rate increase based upon a consumer price index on September 9, 2014. This action approves the attached water and sewer utility tariffs that reflect the increase and that will be submitted to the State of Texas for approval. These tariffs reflect all requirements of the Public Utility Commission (PUC) and Texas Commission on Environmental Quality (TCEQ.) Windermere Utility will forward the City's acceptance of the rate increase with the documentation.
Deadline for City Council Action
There is no deadline for action on this item.
Fiscal Impact
There is no fiscal impact to the city.
Staff Recommendation
Approve the resolution.
Drafter
Lauri Gillam
Assistant City Manager