Ordinances-1997-217

B. That portion of the total user charge collected which is designated for operation and maintenance including replacement purposes as established in Section VII, shall be deposited in a separate non-lapsing fund known as the Operation, Maintenance and Replacement Fund and will be kept in two primary accounts as follows: 1. An account designated for the specific purpose of defraying operation and maintenance costs (excluding replacement) of the treatment works (Operation and Maintenance Account). 2. An account designated for the specific purpose of ensuring replacement needs over the useful life of the treatment works (Replacement Account). Deposits in the replacement account shall be made at least quarterly from revenue in the amount of $5,600.00 annually, as shown in the attached Exhibit "A". C. Fiscal year-end balances in the operation and maintenance account and the replacement account shall be carried over to the same accounts in the subsequent fiscal year, and shall be used for no other purposes than those designated for these accounts. Moneys which have been transferred from other sources to meet temporary shortages in the operation, maintenance and replacement fund shall be returned to their respective accounts upon appropriate adjustment of the user charge rates for operation, maintenance and replacement. The user charge shall be adjusted such that transferred moneys will be returned to respective accounts within the fiscal year following the fiscal year in which the moneys were borrowed. Section VI. Actual Use Rate Structure: Each user shall pay for services provided by the City based on use of the treatment works as determined by water meters acceptable to the City, and as described and set forth below and as set forth on the attached Exhibit "A". User Rates Within City Limits: $15.00/Minimum Monthly Charge for 1st 1,000 gallons of water used $2.75/Per 1,000 Gallons - for all gallons of water used thereafter User Rates Outside City Limits: $22.50 minimum monthly charge for 1st 1,000 gallons of water used $4.125 per 1,000 gallons - for all gallons of water used thereafter The city shall charge the minimum monthly fee for each dwelling unit served. Any dwelling unit served outside of the district shall be charged 150 percent of the above User Rates Within City Limits.