Res 1980 - 49 Establishing Water Revenue FundCITY OF MENDOTA HEIGHTS
Dakota County, Minnesota
RESOLUTION NO. 80-49
RESOLUTION ESTABLISHING WATER REVENUE FUND
WHEREAS, Ordinance No. 149, adopted by the City Council on October 18, 1977,
established a water surcharge to be imposed for water billings supplied to
properties within the City of Mendota Heights; and
WHEREAS, Ordinance No. 151, adopted on December 20, 1977, established a
Water Availability Charge to be made for any residential connection to the
City's municipal water system; and
WHEREAS, the intent and purpose of Ordinance No. 149 and Ordinance No. 151
is to assist in defraying the costs of the establishment, obtainment, construction,
reconstruction, repair, replacement, depreciation, enlargement, maintenance and
improvement of the municipal water system.
NOW THEREFORE BE IT RESOLVED by the City Council of the City of Mendota
Heights, that a Water Revenue Fund is hereby established; and
BE IT FURTHER RESOLVED, that all revenues"generated by means of thefWater
Availability Charge and Water Surcharge be deposited in said Water Revenue
Fund; and
BE IT FURTHER RESOLVED, that on December 31st of each year, an amount equal,
to that specified and authorized in each annual budget document as "Water
Surcharge Transfer" be transferred to the Utility Enterprise Fund, to offset
expenditures for maintenance of the water system(aI special assessment therefor; and
BE IT FURTHER RESOLVED that the balance in the Fund after said transfer be
transferred to the debt service fund for Improvement No. 77, Project No. 8,
(Water System Improvement Project).
Adopted by the City Council of the City of Mendota Heights this 3rd day of June,
1980.
CITY COUNCIL
CITY OF MENDOTA HEIGHTS
By )Q4-kt d t C20"w-v-0ZL
Robert G. Lockwood
Mayor
ATTEST:
thleen M. Swanson
City Clerk