City Council 09.09.26
12:13 Yes. Okay. Ordinance number 536, an ordinance amending the code of ordinances of the city of Kresco, Iowa by amending provisions pertaining to water rates.Play from 12:13
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12:13 Yes. Okay. Ordinance number 536, an ordinance amending the code of ordinances of the city of Kresco, Iowa by amending provisions pertaining to water rates.Play from 12:13
2:02:23 Yeah. I mean for future development where we are in terms of our replacement costs like I think this is going to be extremely informative to our water supply and to the point since it is for the water system this isn't coming out of the general fund.Play from 2:02:23
18:52 It's quite a bit the water rates over like a we we approved a three-year schedule and I would be misspeaking without looking to detail but it's 12 to 15% over 3 years and sewer was like 2 to 3% for each of the next three years.Play from 18:52
47:21 So in the middle of our design for Daisy products said they were increasing our flows by half million gallons and also reducing their so taking away carbon from water supply.Play from 47:21
16:25 This was something we first saw back in '18 when this subdivision was first proposed and um yeah, there's not there's not enough water pressure to support a hydrant and there's water supply right across the road, basically, it sounds like.Play from 16:25
12:18 All right, ordinance, first reading, uh water rates, chapter 92. This will add the uh 2% annual increase from now on. And that really just matches it up with the sewer.Play from 12:18
2:03:40 There are no requirements for dealing with periods of drought and limits on water withdrawal and on page six, all of the areas around the water studies talk about May.Play from 2:03:40
1:00:11 Thank you Randy with me chem engineers and and just kind of follow up on a couple of uh Phillips points. So we are doing the water rate study too.Play from 1:00:11
Ames, IA ·
1:32:27 But we wanted you to also see the full picture because in addition to the water rate increases, there is an electric increase that you would likely be asked to approve later this summer.Play from 1:32:27
6:35 We're using TIFF and LOST, as it says in our notes, as a shock absorber, to limit the negative impact on these rates, increase its project beginning, their examples of large industrial customers that require a significant investment in water supply, and…Play from 6:35
47:30 …you know know that hopefully especially on the water rates that this isn't a trend that's going continue, or these are going to go up three to four times the rate of inflation.Play from 47:30
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