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Res 104-89 7/6/1989RESOLUTION NO. 4SI-47 RESOLUTION TO APPROVE WATER RATE STRUCTURE FOR SUBMISSION TO TEXAS WATER DEVELOPMENT BOARD WHEREAS, the City of Wichita Falls submitted a Water Conservation Plan to the Texas Water Development Board as part of an application to the Board for a low interest loan from the State Revolving Fund, the proceeds of the loan to be used for modernizing the River Road Wastewater Treatment Plant; WHEREAS, the Texas Water Development Board has reviewed the plan and requires a more definitive commitment by the City to a conservation-oriented water rate structure; WHEREAS, the staff of the Texas Water Development Board has provided additional guidance on rate structures that allows the City to review the available options for a conservation-oriented structure; and, WHEREAS, the Council has considered three options that are acceptable by the Texas Water Development Board staff for inclusion in the loan application. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: At the next regularly scheduled cost-of-service study to establish water rates, the City of Wichita Falls will incorporate a conservation-oriented water rate structure. The rate structure will be one in which there will be separate rate curves for the residential and commercial/industrial customers. The residential rate will be uniform and the commercial/industrial will be a declining block structure. PASSED AND APPROVED THIS THE 6TH DAY OF JULY, 1989 . A Y O R ATTEST: 11144% ,' ' (_;;lX /i CITY ERK