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HomeMy WebLinkAbout82-61 - Water Quantity Rate Increase• RESOLUTION NO.. 82 -61 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH INCREASING THE BASIC WATER QUANTITY RATE FROM $0.54 PER 100 CUBIC FEET TO $0.63 PER 100 CUBIC FEET, EFFECTIVE JULY 1, 1982 WHEREAS, Section 14.12.090 of the Newport Beach Municipal Code provides for an automatic water rate adjustment based upon increases in the quantity charge from the Metropolitan Water District; adjustments to be approved by Resolution of the City Council; and WHEREAS, it will be necessary for the City to pass the Metropolitan Water District's rate increase on to the City's water users to avoid loss of reserves; and WHEREAS, on January 11„ 1982 the Council Water Committee recommended for approval an increase in the City's water rates, based upon the Metropolitan Water District's rate increases, effective July 1, 1982; and WHEREAS, pursuant to Section 14.12.090 of the Newport Beach Municipal Code, the City water rates will be adjusted to reflect the Metropolitan Water District's rate increases by Resolution of the City Council; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Newport Beach that the basic water quantiy rate be increased from $0.54 per 100 cubic feet to $0.63 per 100 cubic feet, effective July 1, 1982. ADOPTED this 10th day of May , 1982. ay • ATTT: -7 Clerk 051082 - Water • 0