To: Honorable Mayor and Members of Town Council
From: Mark Marlowe, P.E., Director of Castle Rock Water
Title
Ordinance Amending Titles 4 and 13 of the Castle Rock Municipal Code by Changing the Water Tier 2 and Tier 3 Rates and Water, Wastewater and Water Resources System Development Rates and Fees and Making Certain Editorial Updates to Such Titles (Second Reading - Approved on First Reading on September 4, 2018 with a vote of 6-0)
Body
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Executive Summary
The purpose of this memorandum is to update Town Council on the 2018 rates and fees study
and seek direction on rates and fees for 2019. The annual study is critical to ensure the utility fully
re-evaluates cost of service and updates financial plans to ensure revenue requirements going into the future are based on the best available current information.
All other information is continued in the Staff Report.
History of Past Town Council, Boards & Commissions, or Other Discussions
On July 25, 2018, staff introduced the proposed changes to the Castle Rock Water Commission. The commission provided no recommendation during this meeting.
On August 22, 2018, staff clarified questions regarding the proposed increases. Commission voted to unanimously recommend support of the increases as presented to Town Council.
Proposed Motion
“I move to approve the ordinance as introduced by title.”
Attachments
Staff Report 9.18.2018
Attachment A: Ordinance 2nd reading
Attachment B: Volume 1 (Rates) Final
Attachment C: Volume 2 (System Development Fees) Final