8.0. SR 04-26-1993 - Laserfiche WebLink

Home Browse Search

. . . ~ : ~ :.: ~:: < .\7::;'~~~ -. -~~. .-...-'" --._..._~.. .. _' ......_...,A.~ ._'...,.........__" _. _. .. ~ FROM ELK RIVER UTILITIES 94.93.1993 10:12 P. 2 --( .I ELK RIVER lVIUNICIPAL UTILITIES 321 King AVl'nuc Elk River. l\.IinneJiOlll 5~33(1 Phone (61:) 4~ 1.2020 April 2, 1993 Memo to: Commissioners From: General Manager Rez Water Towers and Wells At the next meeting, we will have to discuss the possible implementation of a water impact fee and the financing of future infrastructure for the water plant. At our joint meeting, I was directed to meet with Pat Klaers and Terry Maurer to determine the amount of that fee. This has been done and I have construced a spreadsheet in which there are several variables which will help you make the decisions which We must recommend to the City Council (if you decide that a recommendation should be made). The 1. 2. 3. variables (and the decisions you must make) are: The amount of the Water Impact Fee The length of the loan The per cent of money generated from rates which will allocated to payment of debt The amount of increase (if any) in the present Water Connection Fee 4. Pat Klaers will be at the meeting will present a there will be no "Impact Fee", and tl:1e Utilities would present Water Connection Fee or pay more of the money rates or a combination of these. Case in which either raise the generated from I have prepared some spreadsheets with all of the interactive, which will allow you to ask any "what if" the meeting and We will have the answers immediately. are included in this mailing. If you have any scenarios which you would like to see, please call me and I will run them out before the meeting. variables questions at These examples ____'P$ " ") . -' ,': ;.~.~~,:.