Water Rates

Ordinance #455– Water Rates

 

AN ORDINANCE AMENDING ORDINANCE #447 WATER USER RATES FOR

THE CITY OF COLMAN, SOUTH DAKOTA

 

WHEREAS, the Colman City Council believes that it is necessary and in the best interest of the City of Colman, in order to pay all costs for the operation and maintenance of the Colman City water system, to amend the rates for the sale of water provided by the City of Colman; now

 

THEREFORE, IT IS HEREBY RESOLVED by the Colman City Council, that as of the effective date indicated below, the following rates shall be charged for public water usage:

 

Section 1. The City hereby establishes a surcharge of $29.81 payable by each customer of its system who receives or benefits from the services of the project financed by DW02, DW03, DW04, and DW05 loans with the borrower bond. The surcharge shall remain in effect until such time as the borrower bond is paid in full. It shall be collected at the same time as other charges of the system and establish a surcharge account to segregate the income from other system income for bookkeeping purposes to be pledged to the South Dakota Conservancy District. The surcharge shall be reviewed from year to year and modified to provide the required 110 percent debt coverage.

 

Section 2. The City also hereby establishes a water usage rate of $5.00 per 1,000 gallons of water usage charge. Due to purchased water costs and inflation, this per 1,000 rate will increase by $0.25 per year each January.

 

Section 3. An additional capacity and water tower maintenance charge is also established and based on water flow rates from the meter size installed.

 

1.1 ¾” Meter $7.50

1.2 1” meter $17.50

1.3 1 ½” meter $42.50

1.4 2” meter $72.50

1.5 3” meter $167.50

1.6 4” meter $307.50

 

Section 4. A charge of $2.55/month/meter goes directly to paying annual maintenance fees for

the water tower.

 

Section 5. All water service charges will be billed monthly.

 

Section 6. This resolution shall be in full force and effect with the Jan 2025

meter readings.

 

 

Signed:_________________________________ Mayor City of Colman

 

Attest:

Signed: _____________________________________

Finance Officer

 

1st Reading: November 11, 2024

2nd Reading: December meeting

Adopted: December meeting

Published: December 18, 2024