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HomeMy WebLinkAbout07 ADOPTION OF RETAIL WATER RATES 10-06-09~ Agenda Item 7 . ! AGENDA REPORT Reviewed: ~~. 1 City Manager Finance Director MEETING DATE: OCTOBER 6, 2009 TO: WILLIAM A. HUSTON, CITY MANAGER FROM: PAMELA ARENDS-KING, FINANCE DIRECTOR DOUGLAS S. STACK, ACTING PUBLIC WORKS DIRECTOR/ CITY ENGINEER SUBJECT: ADOPTION OF RETAIL WATER RATES SUMMARY: At the September 1, 2009 meeting City Council directed staff to provide additional water rate options. Staff presented two options at prior council meetings and developed four additional options. Water rate increase Option 1 was presented at the August 4, 2009 meeting and Option 2 was presented at the September 1, 2009 meeting. Options 3 through 5 reduce the water rate increase, delays debt financing for the construction of the Rawlings Reservoir, Tustin Avenue well, the Simon Ranch Reservoir and Booster Station and the Beneta Well; delays pay-as-you-go capital projects; and delays the replenishment of cash reserves. Option 6 is a 1-year rate increase that eliminates operating loss while meeting existing bond covenants. RECOMMENDATION: Pleasure of the City Council: 1. Adopt Option 1 water rate increase resolution as presented on August 4, 2009. 2. Adopt Option 2 water rate increase resolution as presented on September 1, 2009 3. Adopt Option 3 water rate increase resolution. 4. Adopt Option 4 water rate increase resolution. 5. Adopt Option 5 water rate increase resolution. 6. Adopt Option 6 water rate increase resolution. If any rate option is approved, the corresponding rate increase will be effective October 7, 2009. ADOPTION OF RETAIL WATER RATES RESOLUTION NO. 09-41 OCTOBER 6, 2009 Page 2 FISCAL IMPACT: Option 1: This water rate increase would provide an adequate revenue stream to proceed with the debt issuance for construction of the Rawlings Reservoir and Tustin Avenue Well to February 2010 and construction of the Simon Ranch Reservoir and Booster Station and Beneta Well to fiscal year 12/13; completes pay-as-you-go capital improvements; meets existing bond covenants; and replenishes cash reserves within five years. Option 2: The smoothed or flattened water rate increase will delay debt issuance for construction of the Rawlings Reservoir and Tustin Avenue Well to October 2010 and construction of the Simon Ranch Reservoir and Booster Station and Beneta Well to fiscal year 13/14; defers pay-as-you-go capital improvements for two years; meet existing bond covenants; and replenishes cash reserves within four years. Option 3: This water rate increase will delay debt issuance for the construction of the Rawlings Reservoir and Tustin Avenue Well to October 2010 and construction of the Simon Ranch Reservoir and Booster Station and Beneta Well to fiscal year 13/14; defers pay-as-you-go capital improvements for three years; meets existing bond covenants; and delay replenishing cash reserves to five years. Option 4: This water rate increase will delay debt issuance for construction of the Rawlings Reservoir and Tustin Avenue Well to July 2011; eliminates the second debt issuance to pay for the construction of the Simon Ranch Reservoir and Booster Station and Beneta Well; defers pay-as-you-go capital improvements for three years; meets existing bond covenants; and delays replenishing cash reserves to five years. Option 5: This is a 3-year water rate increase that delays debt issuance construction of the Rawlings Reservoir and Tustin Avenue Well to October 2010; eliminates the second debt issuance to pay for the construction of the Simon Ranch Reservoir and Booster Station and Beneta Wetl; defers pay-as-you-go capital improvements; meets existing bond covenants; and eliminates the replenishment of cash reserves. Option 6: This is a 1-year water rate increase that eliminates the operating loss and meets existing bond covenants. BACKGROUND: The City Council held a public hearing on the proposed water rate increases at its meeting on August 4, 2009. The rate increases presented to the City Council were based on the City's adopted 2000 Water Master Plan. The adopted 2000 Water Master Plan is one of four pillars of the City's "Water Business Plan," the other three include the Urban Water Management Plan, Seven-year Capital Improvement Plan, and the annual Operating & Maintenance Budget. The Water Master Plan essentially serves as the short and long-term strategic planning document that gives the basis and assurance that capital dollars/investment are prioritized in the most effective fashion. The Water Master Plan contains very detailed and descriptive evaluations of demand, supply, ADOPTION OF RETAIL WATER RATES RESOLUTION NO. 09-41 OCTOBER 6, 2009 Page 3 storage, distribution/production, system analysis, and water capital improvement. The Master Plan as well as previous engineering studies in evaluating the Foothill, Rawlings, and Simon Ranch reservoirs noted that these reservoirs have not and will not ever completely comply with current seismic code requirements due to age, condition, and dated construction/design practices. Seismic tends to be overshadowed by the threat of fire only until there is an earthquake. At the public hearing and September 1, 2009 City Council meeting the City Council directed staff to return to Council with additional rate options; Option 1 (attachment 1) is the original water rate increase presented on August 4, 2009. This option has higher increases for the first two years (10.83% and 10.49% for 40 units) and significantly lower increases for the last three years for the five year rate cycle (6.94% to 6.95% for 40 units). Option 2 (attachment 2) is the water rate increase presented on September 1, 2009. This option is a smoothed water rate increase with increases of 9.57% to 9.59% for the first two years and 8.70% to 8.07% for the last three years of the rate cycle. Option 3 (attachment 3) is reduced water rate increase with increases of 2.88%, 11.57%, 3.64%, 3.84%, 8.10%, respectively. Option 4 (attachment 4) is a water rate increase with increases of 3.86%, 3.69%, 10.73%, 3.83%, 4.04%, respectively. Option 5 (attachment 5) is a 3-year water rate increase with increases of 2.88%, 11.57%, and 3.64%, respectively. Option 6 (attachment 6) is a 1-year water rate increase of 6.78%. All options have the pass through provision to offset the increasing costs of purchasing and pumping water imposed by third party agencies. The pass-through is restricted to not exceed 7% of the annual water charges to a "typical" residential user in any given fiscal year. Customers will be notified in advance on their bill of the pass-through and the charge will be a separate item on the bill. Option 2 and 3 would reduce the Water Enterprise ability to expeditiously obtain debt financing for the construction of Rawlings Reservoir and Tustin Avenue Well and the constructions of the Simon Ranch Reservoir and Booster Station and Beneta Well and delays non-debt finance capital improvement projects. Option 4 reduces the Water Enterprise ability to expeditiously obtain debt financing for the construction of Rawlings Reservoir and Tustin Avenue Well and eliminates the construction of the Simon Ranch Reservoir and Booster Station and Beneta Well due to the lack of revenues needed for debt financing. Pay-as-you-go capital improvement projects will also be delayed. Option 5 would reduce the Water Enterprise's ability to expeditiously obtain debt financing for the construction of Rawlings Reservoir and Tustin Avenue Well and eliminates the construction of the Simon Ranch Reservoir and Booster Station and Beneta Well and delays non-debt finance capital improvement projects. Option 6 eliminates the construction of any capital projects or major repairs due to lack of available funding sources. The delay in the Water Enterprise's ability to proceed with critical capital infrastructure could lead to higher operating costs in terms of more expensive purchased water should the City's wells fail. The increased costs to provide water might also increase the pass through charges. ADOPTION OF RETAIL WATER RATES RESOLUTION NO. 09-41 OCTOBER 6, 2009 ~GZ ~~y.~-CGc L~~(.~iL~GI~ -" ~ 1 Pamela Arends-King Finance Director Sean Tran Senior Financial Analyst Page 4 ig~ S. Stack ng Public Works Director/City Engineer Attachment(s): Attachment 1 -Water Rate Increase Option 1 Attachment 2 -Water Rate Increase Option 2 Attachment 3 -Water Rate Increase Option 3 Attachment 4 -Water Rate Increase Option 4 Attachment 5 -Water Rate Increase Option 5 Attachment 6 -Water Rate Increase Option 6 Attachment 7 -August 4, 2009 Agenda Report Attachment 8 -September 1, 2009 Agenda Report Attachment 9 -August 4, 2009 PowerPoint Presentation Attachment 10 -September 1, 2009 PowerPoint Presentation a 0 0 N N N O r'I 0 Y a O i+ L u N a ~ a n~ O O m O O O O a0 N N n N V M N N O O V O O N In N 0 I~ O M tp M N D7 ~ O V! 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O ~ .~ •--~ N N N y o0 69 69 69 EA Ff3 69 Gzr ..i r~+ N O~ ~ ~ N ~ ~ •., ~p .-~ ~ 00 ,~ N Cd ~ M M l~ ^~ ~O •--~ U N ~t ~n t~ o0 0 O •--~ ,-~ .--~ r. .-~ N ~ ~ ~ ~ ~ ~ ~ ~ u C .~ rn ~ N ~ ~ ~ N •--~ v~ 00 O N d' ~D O •~ M d- v'~ ~o `O 69 69 69 69 69 69 .~ M .+ ~ N ~ •--~ O ~ ~ ~ N ~ ~ ~ ~ M ~ ~ O r+ N M ~ ~ ~ ~ 69 b9 69 69 O w .. ., ~ m ~", N O~ ~ ~ iNl1 [~ ,~ +' ~ ,--~ ~ 00 ~ ~O M O O O l b9 l Ef) 00 69 O~ 69 ~, 69 69 ~ =•~ Q, O ~--i N M ~ PG O .•r .~ .-~ ~ r. ~ 00 ~ O~ ~ O ~ .--i ~ N ~ M O O ~ •--i ti .-i Grw G4 fir r~ La, G4 LTr h "•' ° O ° d. 0 ~ 0 N 0 ~ ~ p ~ ~ 00 00 00 ~ b M 00 o M o ~ 0 .--i ~.,~ 0 r. ,_, In M o ~ ~ 00 00 00 ~ s. ~ •~ 7 ~ •C: ~~- O O~ 7 .-r 0 r. ~ 0 ~ M 0 p •-' N a ~ ~ ~ ~ ~ ~ ~ O L ~ S"., •"~ ~" r~7 0 O~ 0 O~ 0 ~ 0 M 0 O ~ U o 0 o M o~ o, o0 00 00 ~' ~ ~ '~ ~ 0 l~ vl 0 Q~ ~ 0 O ~ 0 O M 0 l~ O o N O 7 O~ O~ 00 00 00 ~ ~ O~ ~ 00 O ~ O\ ~--i ~ O N ~ ^~ M ~ N ~ ~ M ~ .~., O w O W "y ~ •--i ~ .•r ~ ~--i W O H M O N v UD f0 ~. a v a rn 0 0 N Ol N Ol O ~~ _0 a O N A~ W V a ~, d ,--~ ~ O ~ + Fy ~ l~ 01 N ~ ~ ~ ' L+ EA fA H9 Ef3 69 i.i O ?; ~n a, O N ~ ~O Fr ^~ M ~O oo O ~. N N N N M Vl y Ef3 6A Cf3 69 69 i.. ~ ~ ~ O ~ ~ ~ 0 0 N i-. ~ ~--~ N N N N ~ ~ '~ 69 69 b9 69 b4 ~ ~ ~ O ~ l~ d' O ~O M ~ E.., vi l~ Q\ O N ~ ~ M +'[.+ 69 69 69 N Efl N 69 y ~ i.i G~ U ~ 4~ O .~. oo N v'~ oo .--. ~ M Fy N ~ ~ ~O 00 ~ N y, 69 (y4 69 69 EH U M ~. ~. ..~i L E'~ O ~~. 01 O O O O N [-i ~ --+ N M ~ ~ ,~ O •--~ .--~ .--. ,-~ .~-. C.r 69 69 69 69 Ef3 N ~, O oo ~ O ~ N ,_„ H ~!1 ~O I~ l~ 00 O ~ ~ ~ ~ 69 69 O ~--~ N M ~ ~ ~ ~ O ~ N M O ~ .-. .--~ ,--~ 7.r ~ V1 00 ~ 00 00 .--~ 00 V1 ~ [~ N O 41 + ~, D1 ~ ~' N D, ~ ~ N D1 00 ~ N 00 ~' . ~ ~r N N N M N N M M N M M M ~ M M 9 ~ 6A 6H 69 69 b9 69 69 ~ 69 69 69 69 69 b4 d r ~. O ff., O ~ ~ D1 M a\ M h O •-+ O N ~ v'i v~ ~D ~ y \O M ~--~ 00 ~D M .--~ 00 ~O ~ ~--~ 00 ~O M O ~ ~. N N N N N N M N N M M N M M M lI'1 J.+ 6A 69 6R 69 69 69 6R 69 69 69 69 69 b9 b9 69 it O .~. ~n d' ~O O l~ l~ M oo ~n v1 00 ~ Q\ ~-, ~n (~ N O oo v~ N O l~ ~ N a, ~ ~ D1 ~ ~" .~ ~ N N ,-~ N N N N N N N N N M N N ~ ",,, 69 69 69 69 b9 69 69 69 69 EH 69 69 69 69 fH ~ ~ i.i ~ ~ "~I i.i O ff., O N [~ ^~ N 'd' O O~ O ~ ~ ~ a1 ~ M N '~ H Q\ ~ ~ .--~ Q\ ~ M O D\ ~ N O ~ ~' N ,--~ ~ ~ •--~ ~--~ N •--~ A N N -- N N N N N N ~ M b+ 69 69 fA 69 b4 69 69 69 69 6A 69 69 69 69 6f3 ~ Ya ~ d d O :; ~ O o0 N ~ N [~ O vi M R oo ~ 0 ~ bU M [~ ~ d' N l~ V'~ ct 00 l~ Vl O 00 ~O 0 ~ ~ .b ,-. r. .-~ .-. .--~ ,--~ ~ ,-. ,--~ ~.j .-. .-. N N .-. a N y, 69 69 69 69 69 b9 b4 69 b9 64 fA 64 69 69 69 ..i M H 6> Sy CC U '~ O ff. D1 a, D1 M ~ O ~ N O [~ M O O ~1' O ~~yy ~y N FI ~--~ O 01 M N ~--~ ~ M N Vl ~ M [~ V'1 ~ a~ Y.i .~ .-. .~ ~ ,-. 69 .--~ 69 O fA .-. 69 ,--~ 6A .~ b9 ,--~ b9 .-. EH '-. b9 .--~ 69 r. 69 .-. 69 '-. 69 .-~ 69 .-. £~ ~ N u ~ s , GJ L '" ~ O M o0 00 ~ ~ ~ [~ O N M ~O a1 D O ~ N ~ ~ F ~ ~ ~ ~ ~ ~ ~ ~ r D\ ~ ~ 1 ' O O O O O O O O O O O O O O O O y 69 fA b9 Ef3 Ef3 69 69 69 69 E!j b9 69 69 69 69 .--i ~ ~ 3 ~ ~ 3 ~ ~ 3 ~ ~ 3 ~ ~ 3 z z z z z O ~--~ N M ~ O~ O ~--~ N M O ,--~ ~ .-. .--~ m O m 61 O0 (O d 0 O N O M C O C. 0 M N d t u i+ Q y O O Z °~ N~ ~ o m mo w o ~ 2 U ~ O) Ul C O N N o U T d o N} N O l0 N lL N J p N ~ O ,~_ a E a~i o d m m ~ TD ~ N O O ~nN~a n0 ~(J N d N ~- N (D f~ ifJ 0 0 O> O O d O O t~ O M ~ M O O o~ OI I~ !~ O dj O M~ V M CO M N O ~ O O O N N O (O (D d t0 ~O ) O) d M ~ O o N ~ l0 W W O d W N ~O W N N O th O c0 r ~ m~ M M N O) O O O M M N O ~ O N O N ~ d (D O ~ N t0 M M N d i0 ~ d .- I~ N ~ I~ ~ O~ 1~ N M O O> O N d <p ~O O ~O d 10 O d O O O m O) O cp (O N l0 M (O W t0 ~O M M M d M O d M O) O N N (O O~ I~ ~O W F9 N O O I~ N M d ~ N 10 d d (D O 01 ~ ~ ~ N ~ 1O N M IO _ ~ ~ ~~ ~ tD (O ~ I~ M Y EA ~ ~ fA FA EA ~A FA ~ E9 di fA fA b9 EA (A f9 69 b9 fA fA fA LL V3 ~ ~ ~O m r O O ~ 1~ O N m 0 0 Q~ O O 4 0 0 0 I~ O M ~ !~ O O N 1~ N N O fA O N N a7 d ~ cp N O O O M M O I~ r M O ~O O ~ ~ M d o ~ m~ N 01 W O o~ N i0 0 M c0 ~O d O> I~ n d N ' O> N N O O ~ ~ N 1~ N N N i0 M O ap N ~ N d M N I~ ~ O c0 ~ d ~ ~ d ~!J m ~- n N ~O N ~O N ~` ~ O~ ~"> W N M M T f~ O d O O O O O~ O~ r r d I~ M ~ d ~O M N ~O N O Q~ O cp a0 d N ~ M N N eD O m~~ d I~ Vi N 0 0 LL) N M V A N M M fA V c0 M N N~ ~ O N N V ~ f9 M '- ~O ~D ~ ~O N } ( fA fA ~ fA f9 FA fA fA ~ fA v ~ M fA fA fA M b9 E9 f9 to fA LL m O t0 N In O N E O O O O m O N M ~ 0 0 I~ O N n W O O u7 O ~O u'1 O Y3 O d d ~ ~O T N d M O f9 O O~ m O d d O r r LL'1 (D N a0 N of M (D N d a M 01 01 m ~ O d N cp M O ~ i0 O M tp cp (O r M ~- n m N 47 I~ O N m O N ~ I~ O) I~ d d ~O d ~O (O M d 0 ~ v Qi N O ~ I~ M d ~ 1~ N O d t0 ~O d (D O 1~ O N N r O O M M d cp O O) cp f~ d cp I~ O N O d cp to N O O M 1~ b9 ~O o7 M M d c0 ~ M ~ n N ~ o~ ~-- d 10 O) ~ In N M d ~ N N ~~ A ~ M N F9 E9 ~ ~ fA d fA (D fA ~- fA ~O N E9 E9 } LL fA FA ~ ~ fA b9 E9 t9 b9 ~ E9 F9 1 D w d O M itJ d N cp m d O I~ 0 0 O~ O I~ O !~ O O n O d LL'l ~O O O N M c0 a0 O fA O ~O ~O ~ d I~ O <D N 1~ O of d LL'l r N m O O fA O ~O ~O O O !~ !~ O N N d N N ~ m m n N o d 1~ M H M O a m~ f0 N M r ~O O M <D O v i a ~ i r i ~ o o ~ o " ~ ui of M c+i ci N v o~ iri N VJ d N v w rn ~ ro ~O m ~ O LL'l O r v M d d O~ ~ ~ O N W N O ~ O r r N O> W c0 r O O: ~- O O d O N~ N M l() wed M d fA N 0 0 ~ N c+1 V A N ~ N to O ~ ~~ ~ ~ ~ ~~~ N fA (D fA M El) d N fA fA } fA fA ~ fA FA fA fA fA ~ fA fA f9 fA fA f9 LL r~orn 1~ N M MMOO rno~n O) M O O h O N ' co oo~no~n in O i9 O H3 0 0 M `~ N f~ N (D l0 d O o fA 00o O EA O O O d ~O !~ m r N M N N co ~e 01 O M N ~~ ~ m d I~ ~ 01 O ~O cp I~ LL) M O !~ N LL 1 O M O N (O cp d LL'1 ~ d c0 W m ~ O r N d N N aD ~ O ~ O d n I~ M N t0 m M of N N N CO O N O d OI O> M I~ ~ N tp ~ O N M N Q~ ~ d N N O> ~ N M U3 N 0 0 O~ ~ f9 ~ ~~ ~ O N O ~ ~ In d N } ~ I~ ~ H3 fA ~ N M ~ d ~ ~ fA 69 H3 fA fA ~ 69 ~ f9 E9 EA E9 fA fA LL 0 0 0 0 0 0 0 0 0~ d 0 0 O1 d ~O N f~ 0 0 O) I~ ~ r O O N O N~ O V3 OD Vf OD W M M 0 O CO ~O m M ~O O E9 n d O O O O E9 0 O O N f0 O O M O) O f~ M O t0 0 N N r c0 M m c 0 O O O O 0 0 0 0 d c0 M lO ~ N ~O O d d of oov o r ~M N O S [O a7 O~ W M O t f~ u~i u~ N m m O ~ N d rn O 1~ ri W N of ~ O o o N N N N rn M O ro 1~ O~ r M m W ~ V3 ~ 0 O an d N f0 N N N fA N M W Q> fA M ~ fA M H Vi ~ Vi Vi N IO M y LL M O O ss F» ~ ~ N M r d F» r» Fn » ~ ~ y v, us f» f» w vi vi rornco LL'1 N D7 O ~n IOM rndr O W N N O d o ~ ~n o`~o~~o d a9 ~O f9 ~ O co LL) u> O 0 f9 0 fA 00o O to O O O m M N M N m u> O oopp o d ~O O cD M M 00 O~ ~ ~ (D ~O r O O i0 M N (O ~O ~ eD m r ~ M O N 1~ cpscp M M N ~ d d t") M ~ M O O (V c0 M t~ a0 ~ jp O r d d O M M (O ~ Q~ ~O V M O O 1~ N c0 N W W n O O O O o~ 01 N O ~ O~ M N Ol ep ~ E9 .- f9 N (O ~O M Vf fA fA fA ~O f9 m ~ ~ f9 fA N ~ N ~ r fA r a0 fA l.1 M tD ~ ~ fA fA ~ N N M Vf to fA fA ~ f9 E9 M fA a ~, LL ~ ~ N Ol O . W N aN„ N v d d ~` W l0 m y ui _O a d ~ a C N d 5~ ~ y N « m Z n~ yi u i a a v ~ E ~ ~~ . K w M m~ 'a « c d wNw v c > ° mE d c 'gym U m d ~ y~ c ~ w vii d^ c c K? u 'm E E~ 'T° a a a i A E m m ~~ 'S d rn ,~ y d ~ x ~.- o O a~ ~ w o a ~ m a~i o a~i x~m °-c y W ~ ~ mR Q6 rn a d m d d ~ i N ~ ~ w o a d N= 6 n C YI A W N Z W V O N d d O N d ~ O" ~ C U K J o U W]~ N N ~ ~ N ` Z 01 0 (0 U C 'C Ol 6 C U ~ l0 ~ a > Z U U !n U I ~ m ~ ,~ m~ ,°o m >. ~ w °f ° c Z - C d~ 'v ~ m >y ~ ~ c A ~ n y c d N ~ ~~ ~ Z o C wa m m N u, E ~ v ~ w d yU m c O O ao ~m maw N O W ~ i mLL ~~ ~ a u u i C v ~ v ~ n I V A O 6 a C N O ~ C V d ^ ~ C Vl 'O o T LL ~ D fn ~ M d v C 7 O u i LLJ N a C ~ f O C O .O..U ~~ C VI O o W N C N U N U T O' N 01 7 OI O c ' C t`0 U N N O A N N Z ° 7 C C d L W y 7 d O 10 C N^ iL Y y~ ~ ' 2 m U ~ c ' a> C d N a ~ ^~ .. d~ f v- ~ x o L o m c v v~ o~ •% m m L^ v 'o a` w` o w °' a °~ :? n o, « O~ m~° o > °' m q ~> LL « ~ ' ° 0 o~ v c o a c m m ~ a d m m e A v o c u~~i iiLUO~ a~~~o~ r ~ ~ ~3^a ~ ~ ova •n . . . •az 9 aN o ~c~ r- a: ~z~a y y a d o w z a m m v A U m x c~wa c w c a ^ ~ o z z m `o m a rn a rn 0 0 N 01 N Q1 O M C 0 ~+ 0 .l s Q N O~ ~ '~7 N -~ O ~O o0 ~n [~ ~n ~ . - N o0 O~ ~O M 6~ ~ ~ ~ ~ ~ ~ O -. O ~ .-+ .--~ r. ,-. N . y pp 69 fA 69 69 69 69 W ~..i ~ ,+ ~' y N Q~ ~ ~ N ,-~ ¢' . ~ p •--~ ~-. .-. .--~ ~-. y ~ 69 69 fn 6R 69 6R b u `. m yv'„ N O~ 'ch ~ N ~--~ ~+ 'r N ~ ~ M M M d C, _ ~ O ~--~ N M M ~T ~O b9 6R b9 69 6A 69 .~ M ~ ,~ ~ ~ N O ~ O ~ ~ N ~O O O~ i. ~ ~ b9 ~ Ef3 ~ ~ ~ 69 ~ C~ ~ 69 W ~. .r r 0.1 `~ ;'' N O~ ~ ~ N ~ .: p o0 00 ~' ~ [~ ~ ~ M N ~ 00 ~ O O 5~9 ~ ~ ~ ~ ~ ef ~ O O ~ N M d' Qa O ^~ ti ~--i ~ ~--i ~ 00 ~ O\ ~ O ~ .--i ~ N ~ M O O ~--+ .-i ~ ~ G=r (~ ~" Gs, ~ GTi r~ fs, W y ~ '~ ~ [~ M M o M ~ 0 V'/ ~ 0 Vl ,.,r, ~ O 00 ~ .M-i M M 00 ~ "~" o N ° ~ 0 r 0 ~ 0 ~ O O r O~ .M-i M M 00 M ~. ea ~" h ,O y ~ "~" ~ c O~ o ~ 0 r 0 oN0 0 ~ M a ~ Vl ,N~ M M 00 M O W ~+ ,~ ~ C. ~ o OOi ° ~ N 0 r 0 omo 0 O 00 ~ ; U \° 0 O M N ~ M M oo M "'" r7 o W ° ~ 0 ~ 0 ~ 0 ~ C O .~ N ~ c+i M oo O M D\ ~ 00 O ~ O~ ~ ~ O N ~ .~-~ M ~ N ~ ~ M ~ y, O G~ O L=r ~ L7i ~--i ~ '-+ Gtr ~--i L=+ p m O N N Op ra n. a 0 rn 0 0 N Ql N m O M .O ~^ i.f. O ~, V Q i. ~ ~ ~ ~ ~ ~ ~ ' in O ,~., ~ ~ M N M ~O ~ O M d- ~n l~ ~ N N N N N V1 y 69 69 69 Ey9 69 ~, O ;; N oo ~O ~ ^~ V') ~ L~ O~ O •--~ M ~ v, ,~ ~ ~ ~--~ 69 ~ 69 N s9 N 69 N 69 L ~ 6) +.+ ~ r /~ ~ O ~ ;; l~ l~ [~ l~ O V Fy M V7 ~ ~ l~ ~ M ~ EA 69 ff3 69 b4 ~ ~ v OD ~. CC U ~ O ;; ~ N M [~ N N ~ N yy 69 69 69 69 d9 v M Y. s, .fin in E"~ O •.~, O~ N N N O N [~ 00 O O O •--~ ~ ~ 69 69 69 6R 69 N i. O ~ ~ d' ~ ~ .-, ~ v~ ~O ~O ~O ~D O y Ei9 69 64 69 69 O •--~ N M ~ O~ O .-. \ N M O ,--~ ~ r, .--~ it + ~ 00 vl M N ~ ~ ~ O o0 ~ N ~ 00 d: --; ~ ~ N N N M N N M M N M M N M m M 9 ~„+ 69 69 69 6R 69 69 64 69 69 69 ~ 6A 64 64 6 r is O ff, l~ d' ~ d' oo ~t v~ oo M ~n oo N O O M ~O E.y ~ N O oo v'~ M O~ ~O ~ O l~ ~n M O l~ .--~ ~. N N N N N N N N N M N N M M N V'1 ,~,, b9 69 EH 69 b4 69 69 ~ 69 69 6F3 69 69 69 b9 L O ~ 00 O\ N O~ l~ 00 O~ ~O ~O O~ vl ~ O~ ~ ^-~ ~ ~ Ey O 00 [~ M ~--~ O\ ~' N O ~ M ~--~ [~ Ul M }" .~ N •--~ ,-~ N N ~ N N N N N N N N N 9 ~ ~ 64 b9 69 69 69 69 Cf3 69 b9 69 69 69 69 69 fd ~ d i. o~ it O .~. ~ •--~ ~ O M ~ O M ~ O M ~ ~ h 0 N ~ Fr ~O ~ M ~ r u'~ O~ l~ v~ O~ l~ ~ O o0 ~ M .~.~ 69 69 64 69 b9 64 69 b9 69 69 69 69 64 69 69 ~ L ~ +.+ Yr ~ O ,~. v~ M N ~D N O~ ~O N O~ ~ N O~ 00 M O~ bA M ~ M N ~--~ ~ d: N ~ ~ N ~ ~ N ~O v'~ M L CC i •--~ •~ .-. .--~ ,-~ .--~ ~--~ .-• .-. ~--~ .--~ r. .--~ ~-. .-• ~-. .--~ a N y,i b9 69 ff9 b9 69 69 64 69 H9 69 69 69 69 69 69 .~ M h bA i. C~ ,C U '~ O ff, o0 00 ~ d' N N d' N N ~ N N V' •--~ O N [~ O O~ oo N •--~ O N I O N --• O M N •-! ~ ~ 0 i a . -i ~ 69 ~ 6 4 6F3 69 69 Y3 69 b9 69 69 69 b9 69 EH ~ N U Y. ~ i. "' O di ~ .~ ~ oo .~ ~ oo ,~ ~ 00 r. ~ ~ ~ ~ ' O O O O O O O O O O O O O O O O y 69 69 69 69 69 69 69 fA 64 69 69 69 69 Ef3 69 n.i ~ ~ W ~"~ ~ ~--~ W" O a W O ~ '~ z /-~ z z ~C ~G, O •--~ -• N --~ M r-+ ~ .--~ .--+ Q~ . O . \ N M O •--~ •--~ •--~ ,--~ m O M v U0 co a O O T 0 0 Y Q O i+ ^~ W t u Q d U Z N N ~ d C ~+ ~~ . ~ ~ N c T ~ C N lL m ~ m N N ~ ~ ' - n E d D T ~ d O t0 T } a ~ O ~ ~ ^ d ~ M V N N N cD r In O O O) O O a 0 0 r O M ' ~ M 0 0 m r N N O fA O N N m O N m m ~ O Q7 O) O O O O M M O r r O ~ ~ N t0 LL] ~ O (O m ~ r o N m m m r m a a V N O 1 1n O M f0 N m LL N t0 01 r (O O N M O m m m ~ M l0 N V cp O M lU m M M N C' N ~ a ~ r N ~ r ~ N ( N V O N M In N O <D m N O V O O O O r r ~O ~O O V M M O) N N r y~ ~O O) m ~O m to N O O r N M ~ et ~~ O a ~ a m N ~ fA 69 fA r' ~ m N N LL'1 ~ O m M ~ Vi Vi ~ O r M m r FA ~O a c0 N LL ~O m r 0 O ~O r a N W O O O) 0 0 V 0 0 0 r O M O 0 0 ~O O H O O fA O V V V ~ f0 O m N O O O O O~ O d' V Or r m m ~O m r r r ~ N V o N m V NM M NO~mO aON~O Mm~O N r r ~m ~_ M M r N O O O M M N W N V a r CO N ~ N M M O N ID ~O V m ~ V ~O ~ V In D7 r ~ N a M In Ol a m m C M N [p a m V O r m M N m M O m (D r v M N N m ~ d' r fA N O O In M fA V m M N ~ ~ O ~ ~ O r M ~ ~~ ~ N N - ~ N } cD O~ ~ fA fA ~ N M ~ 'O ~ to 69 fA 69 fA M fA ~~ fA V3 (V fA a fA E9 ~ f9 fA ~ fA O 69 . H3 fA fA LL fA EA O) O N a ~ m N N O m O O OJ O ~[l ~O ~- O O r O O m m 0 0 ~ r N N O fA O M a V r N f0 N N N V M ~O O fA O M M O ~O LL'1 O O O r m N m r m O M a o O O~ r a ~ 0 O N m~ O ~ i0 O M O m 1 ' r ~ M O) N ~ h 1 ~ D r h m O m m d' Ol ~ m m N ~ r r r N O N O N 0 (D M V O ~ d N O r ~ ~ M N m ( 0 M m iCl ~ m r N O) N M ( O m O_ a i m r M 0 m ~ m ~ m m ~ m ~ a r O N 0 ~O m~~ V (O to N O O M N M ~ ~ N m N E9 LLl m M M ~~ ~ N ~ ~~ ~ a m t0 N } fA f9 ~ H3 fA f9 M M ~ 69 (A 69 fA F9 fA fA fA fA H3 E9 f9 LL ~ ~ V d V d O M N~ m (O (O V (d r 0 0 m O r m v o o r O V N O O ~ O 1Cl O O E9 O f9 O O m ~ N O] LL'l O fA O O O O fA O O O N IA LL~ V N ~ ~ r m M ~O o O In M r m O. m ~ O r M ~ ~ O M O O i N V J r O O r r r ~ M M W O N W ~[l O O (O m N t0 M N O M OJ N d' V O v lC ~ a O) i0 m ~ O ~ O LL M a V O V' m R N r r O N r O r N r~ ~U N O N O) N a ~ M V fA N 0 0 ~ N i9 In ~ In ~ ~~ r ~ r O ~ ~ N D } I(1 r M fA fA ~ N M V A N fA fA ~ fA fA ~ ~ ~ fA ~ fA fA V3 f fA M M M ~ FA f9 LL r 0 0 m r 0 i0 N M M O O 01 O ~O O~ m O O r 0 ~O r N O O ~ O ~~ O fA O fA 0 0 M N M In N m a O O fA 0 0 0 O fA O O O V O ~ N r N V M M r ~O o c0 O W ~ r O 07 (D r M m m~ a r N In O M (O N m ~O O N ~ V m N V _ m ~ O ~ ~ O V ~ m W N ~ of C M O c0 '- p~ r r M W a ~ N m m Ql !O m N M fA N O O a7 m Wi ~ r r M fA ~O ~~ N m M O ~ O N m ~O [O V r OJ m ~ N M to N N ~ r~ N M a Vi fA f9 fA N .- ~ ~ in V N r r < V3 M ~ ~ ~ fA fA E9 H3 H3 ~ fA fA fA f9 to di fA LL 000o 000o mvoo mv_ ~n mvoo m r ~n r oo ono NN oei mF»mm M M fD O ~o ~ O> M ~ O es r 000 ou>o O O N ~c ~ m M O> t0 r M ~O LL'lo Nmr m M m O OD O O O O 0 0 0 0 7 m M ~O 01 V N m ~ N ~O O a V m 0 0 V O r~ M N O ~ m O) c0 N N N fA N M m T N M O M r ~O ~ ~O N T m m ~ N C O> O n N m N a M ~O O) O O N N N ~O m M O m r O r M m r m ~ M ~ ~ C'J t0 ~ O N M V ~ ~ ~ t9 EA IA {A ~ fA fA N N M ~ Y fA IA ~ f9 fA f9 EA ~ fA b3 fA iH fA fA M t9 LL r 0 O~ m 1U N O) ~O ~O .- M O~ y r O m ~ N O C O In ~O O H O t0 a fA ~ f9 Ifl O M M N ~ M ~O O) m O EA O to O O O O f9 O O O 01 M i0 M N O _N c0 m o K LL~ O (O M M m m ~ f0 u7 M N m i[J ~O m ~ M O O N ? m Ci (O m ~ j0 O ~O r c0 O> ~ V V O m O) N O O] r ~ M O ~O r M M (O ~ QI lU ~ Q) E9 N Ol m ~ m V ~ V ~t M M O O r N (O (O M ~ N N m D) m m m N r ~ O r t0 W ~ m G O (h ~ by ~ N N ~vj b9 ~ ~ M (H fA f9 t9 IA ~ 9 fA ~ ~ fA ~j f9 fA fA ~ Q LL Vi fA ~ fA fA fA ~ f N d x W N d d C d « U d ~ d 2 >` (n ~p d 5 ~ U T N a 4. ~ 2 U d « _ N Z N n ' N E N C ~ K N Q' C d nd ~ li N d Q u v` > d aci E wd! d ~- n" d rn m y a ~ K a o E n c U ' y N c y w d p a ii ' E ~ m a . a i m E m °~ 9 v m w d o~ aci «' m X n C W u .. o a m n m~ d `o °' ~ m O X N ,? f . Q N W d d N d d > " ~' d n N N O 6 ^ d `• \ U W d j J j N T~ ~ fn G Z A N~ N U C '~ ~ d ` Ol O. G ~ ~ N N« ~ c > Z U O d m d y « c U x O o a~ ~- Z d m o v a d O '` c N ¢ d d v N g (0 Q' y N ~ d T ~n W D X d C d L/ ~U d d y U C A d C d O N O 1 0] ui m~ N ~ u U ami G Ul O C U ¢ O C ll N I C m N w W> « > d W d ll = ~ ~ D O N O E~ 10 l0 Z O Ol ~ d~ W D T Z E a v ~ O U ~~ d~ 6~ J O p N C O~ ~ . Ol U~ U O O' N C ll > U N N fn C 7 y L d j d ~ N G L n d 6 x d N C !0 O O U d W y ~ >• C - .~ C ~ [0 Z D G d d O FO D , d d c d ~ ~ ~ 10 ~ d _ O '~' d ~ l U a o d c O m a c O E~ O N ~ c m~ ~ O C N N~ N` 10 U d N~ U O Z W A m L d O c d 0 O V R' !~ N d C ~C ^~ ¢ d « U N D l O LL C d C X O t O iiUO ~C N d N d O d W O ~~U O' U O 'd-' m d~ O ~~Oa d ~ ~~ a r • .~ O Z • ~ O C 10 U t0 F N UJ K O d O C ~ZF-¢ v i > r- tq ~- y~n I- c oi a n n= On :o d d a v o v d m m m x c c O K O Z Z Z m U U U W d W Q m 0 v m 6 a ~, rn 0 0 N N Ol O ~.. O V U ~-+ Q O ~ N N N o O O ~" 7 N ~ ~n ~O M N - CI' V1 lp 00 01 O ^ O ,--~ '-. .-~ ,--~ .--~ N y pq 69 64 69 69 Cy4 69 G~ ~. +"' "~ Q + ~O [~ 01 V1 O~ 00 ~ ~ ~ ~-. V N M ~ ~ O r-+ ,~ .--~ .--~ ,~ .-. '/~ r d4 69 69 Ef3 (!~ fy9 "C V .~ a.i rn ~, N O~ ~ V' N ~ ~ C N M ~D a0 O ~ . - O N ~O O ~O ~, ~ ~ ~ bR 69 6A 69 69 b9 .~ M °~ N N m ~ v '~ ~ ~ ~ o O O \ ~ ~ _ O O '~ ~ ~ 0 0 ~ O~ ~ Q~ ~ ~ ~ 69 O w .. Q~ y !'' N Q~ ~ V' N ~--~ ~ ~ 00 ~ M ~O O~ N ,~ ~ •--~ d' I~ ~n oo N 6H Ff3 69 69 Ff3 69 C ~ ^~" O\ O ^-~ N M ~ Qa O .--i ~--i ~ ~--I .-i ~ 00 ~ O\ ~ O ~ ~--i ~ N ~ M ~ ( G W ( W =r Tr ~ ~~'. o O 0 000 o ~ e O a N o ~ O 00 .Nr M ~ ~ ~ M "'" o o ° o o O O~ M ~ ~ ~ M Y. C~ y O .., y ~ ~'~" i~ r~7 o ,~ 00 o 00 [~ O ~ ~ '~ o ~p o~ o ^ r-+ O 0~0 a ~ ~ M ~ M Ch M O Y. w ~ etc S".. ~ ~ ~ \ O~ ° l~ 0 ~ ~ ° O~ ° O 0 ~ ~? U o 0 o ~ ri ri ^, ri ~ ~ N -~ o oo o ~O ° ~ o oo o O ^' O M M ~ M ~ N O~ ~ 00 O O ~ D\ O .~ ~ O ~--i N ~ ~--i •-+ M ~ N ~ ~ ~ M ^~ ~ .~,, O Gzr f~ fs, Gz+ L=r fs, M O N OJ ro a a N t!1 c-I Ol O O N Ol N Ol O ~^^ inf. O V U Q ~. + ~, M ~ t~ oo O ~ L~ ~ N ~ ~ . 6 9 6A S.i O ^ V N N N M ~p E.y O •--~ ~ ~ ~ .~. ~, N N N N N V'7 ~ 69 69 E!3 69 69 L O ?; ~ ~ O ~ 00 ~n F., t~ oo .-~ .-• N i-. vi ~ ~ ~ ~ 64 •--~ 69 N fA N 69 N 69 Ya 6J ~ ~..+ 67 ~ O .fir O~ 01 I~ [~ l~ ~ i ~,,.q M M Vl Vl ~!? ~..i M +.+ 6A b9 6F3 69 64 ~ ~ bA is C~ i'" U ,~ 0~ O .~. v~ ~n O O O ~ M F" ~ ~--~ ~--~ M M M i. .--i .~ r. .--i r-. rr .-. ~ ' N }. Ed9 64 69 69 69 ~ U M ~, i. .~. L, O ~~i ~--~ ~--~ M M M N [-~ O~ O\ O O O .-~ .~ O O ~-, r. ~--~ .-. ~ 69 Efl ff3 69 6A N in O ~ ~ V d' ~ ~ F v> ~!1 ~O ~O ~O O ti Cs9 69 64 Ed9 69 .. O ~--~ N M ~ ~ O~ ~ O ~ ~ ~ N ~ M p .-~ ,-. ~--, ,--~ L ~ ~ 00 ~ d' 00 M ~ Vl ~ O o0 ~ ~ N N + , ~.r 00 V7 M Q~ ~O ~ M O l~ Vl .-• 00 ~O M O ~ ~ N N N N N N M M N M M N M M M y Fag 69 69 69 Ff3 69 69 69 69 69 69 69 69 64 69 r s, O :~ t~ ~n ~ l~ ~t N m ~O N v1 [~ N oo ~ ~ ~O ~ d' N O vl M ~--~ O~ ~O ~ O I~ v'i .~ N N N N N N N N N M N N M N N V'1 'y 69 6A 69 6A 6F3 69 b9 69 69 6R b9 69 b9 69 69 L O :: ~ N d~ ~ O~ ~ 7 ~--~ O v'i -~ o, ~O ~--~ o0 i-. v'~ F„ i .--~ ~ h ~--~ 01 00 ~ M .~ ~ ~ ~--' ~ vl N }" .~ N ~--~ r. N .--. .-. N N N N N N N N N 9 ~ ~ 64 69 b9 69 69 b9 69 69 69 69 69 Ci9 69 69 6 ~ d L. o~ Y. O .~i 01 M Q1 ~ M 01 r+ M ~ ~--' M [~ ~--~ M ~ f' ~ Er ~O ~ M ~O ~ M O~ I~ Vl 01 [~ V~ 01 l~ V1 V M +.+ 6A 69 69 69 69 69 69 b9 64 6F3 b9 69 69 69 69 y ~ ~ 6) r~ /. Fa O ~ O t~ ~n O [~ ~n oo M O oo M O o0 M O ~ M E..I d' N ~--~ ~ N r+ ~ ~ M V'1 ~ M ~ d' M ~ i a N y 69 b9 69 69 64 69 69 69 64 b9 69 b9 64 6F3 EH ~ M bA Yr G~ U '~ O ~--~ O •--~ •--i O ~--~ ~1 ~ M Vl ~ M V1 ~ M ~y "V F '--~ O O~ ~ O O~ N E O N ~--~ O N --~ O a~ i .--~ .~ .--~ ,- O .-. r. O ,-~ ,-. ,--~ .--~ ,--~ .--~ .-~ .--~ .-. L .--~ ~ 69 69 69 Erg 69 5A 69 64 6A 69 6R 69 69 Fi4 69 a~, N u i ~ Yr ~ 00 N ~ oO N ~ ~ O ~ ~ O ~' [~ O V F O ,__, , „ E y ~O ~O V'1 ~D ~O V1 [~ [~ ~O l~ [~ ~O l~ l~ ~O ' O O O O O O O O O O O O O O O O ~ 6A 69 69 b9 6A 6F3 6A b9 69 b4 69 69 69 69 b4 ~--i ~ ~ ~ ~" O ~ `r4 a ~i a µ.i r~ ~i z z z z z O --~ N M ~ O~ O ~ N M O ,--~ ,--~ ,-~ r. M w O m N OA ro d Y i+ t u f0 Q ll d ° Z N ~ p ~ O A U U } O C ll pI c `-' J m U T O C ~ W j W ~ ~ T ` - n E f0 9 T ~ N O N m } a ~ O M ~ ~ O Q7 M A N In O N O O (D O O O) O O W ~ 0 0 1~ O In i~ O) O O In O M to O fA O a 'cf V 1~ M a r ~ O M N ~ a M N O fA O m O O V V O n n In t0 N W N M _ M (O N ~ a o M O O) Ql ~ O N a N (O M O ~- In 0 M (O t0 (D ~ n O M M n O N Oi c0 N I~ Q) I~ ~ V LL'l V N O M a O ~ V Q) N O ~ 1~ M C I~ VJ O~ V ~D In V fp O I O N CO O ~ t0 O I~ M ~ m N W ~ r N V (D ~~ !~ O N O a W EA N O O M !~ fA ~U W M C1 ~ CO } f9 69 ~ 69 fA EA FA fA ~ f9 M E9 fA fA f9 f9 fA fA EA f9 69 LL M N~ N (O W V O I~ O O m O I~ m n 0 0 I~ O V ~ ~ O O ~ M W OJ O fA O ~O N ~O I~ O) 7 N N QJ O f9 O N ~O O O 1~ n O N O N ~ ~ Q> O h N o a n W H M O ~ O~ A W N M ~ ~O O M W O a n O W N W n N N N O) M M M N O K N ~ N N~ N N N N M « 1 N V ~(J ~ d' O ~ Q) ~ (D ~ N M C to N 0 0 ~ W W ~ W M 1~ ~ M V O O _N fA ~ [p ~ O O O N op N N O O ~ W n f~ N O W W n O m ~ O W a ~ In N M V N M ~ a ~ N N ~~ ~ r ~ fA fA f9 fA N E9 (O Vf M H3 a N U) fA >. ~ EA fH fA fA E9 EA fA fA ~ ~ EN M Vf Vj 69 y V d u d O ~ I~ ~ O m f~ to M V M M O O m O N O N O O t~ O ~O ~O M V O O N O ~~ O t9 O f9 O O aD ~ M ~ ~ N 1 N c0 ~ V O O fA O O O O to O O O 7 i0 n a0 f~ N M N ~ N ~O o O> O M N .- W 6 G f~ ~ O m O~ W n N ~O O M ~O W W a~ .- V ap N .- O O ~ N O> c0 ~O ~O O d' M N ~O O I~ lCl M N W Q) (O ~ W A N O O Ql N to V n r M f9 N ~ M O ~ O W ro W N ~ O Ol n ~ O O M N 1 ~ a N N m ~ N M f ~ M ~ ~ N ~ ~ 6 9 ~ IA V N } a n ~ fA fA N M R ~ E9 fA fA f9 f9 ~ fA fA fA E9 fA EA fA LL Vi t9 O O O O 0 0 0 0 00 O O O O V ~O eD I~ 0 0 m n O !~ W O O~ O~ U7 O fA W V3 N M f~ M M tp O ~O N O M N O Ni n V O O O O H3 O O O N <D ~(1 W M O> ~O !~ M ~ ,O a N a0 I~ oD M ~ ~ O O O O 0 0 0 0 ~ N M l(1 ~ N N O V V of 0 0 V O h M N O (D Q1 t0 N M O M ~O ~ W N m OI (O ~O ~O O m t0 h N M N M ~ m O O N N N ~ m M O W I~ O n M O~ ~ ~ W fA ~ Op ~ m a N c0 ~ N N Vi N M c0 W ~ ~ fA EA f9 t9 D ~ ~ N LL] M r M (O O fA f9 ~ ~ N M ~ ~ fA fA f9 (A ~ r- F~ ~ iA ( fA Vi fA f9 (fl fA LL ~ ~ nom~o ~n~ Nm in ln~M mar ow ~n N(Da o v~ ~n o. o"^co o»in e»ino co ~n in m o us 0 ev 00o oF»o m M l0 M N O ~n m o wino W M M O O H tp N M N W W S W M M N i ~ v v M W i O O o ~i ~ ~ M co o~ ro ~ o iri r co m v v O rn n ~ M o a r M M ~ ~O m ~n ~ c M o o n N (O (O M cu In r m D) o ao co m N r In o n co rn ~ W J 1~ U O W m N O M (O ~ ~ ~ d) Vj N W aD ~ N N ~ M V3 ~ ~ Vi !N f/i fA 4A b9 ~ f9 fA ~ ~j eA fA M Q >, LL V3 H3 ~ Yi fA t9 fA ~ ~H ~ fA N C W N N ~ d E « d o d d w >` y m d ~ Z y v aci 2 y a Ovr n ~ ° w C O m ~? ~ y N w cn w Q V v °~~' w e aci E d~ c ~ rn U d m ~ ~~ c ~ ~~~'on K a ~ d o E E~ ma .c a i AE m °~ '~ dm w m m a~i « m x ~ D ° a m ~10 m ' °' ~ m K m v J o w ~ k u m¢= = W t W ~ N ~ W_ m 2 m P n C Q a VI N m d n d N Z m w w d V O N d « 10 y d ° o U Ul J 7 U Z N U C Ol 6 C ~ U 10 « > ~ (~ N > ~«¢~ N ¢ d 7 N/~\ Z' N S d ~ OI O ~ d U C N Q C U N N L 01 N C U m¢ O N W °i d W v N C (n N ~ N C J U N V A U Z A ¢ m Ol E. C V ~ Z v N U Ul C . VJ N C U X¢ O > N N LL N 6 C O U W p~ ~p L Ul ~ m0~~ ~ C~UO~UCO~ C d O ° U ~ OIU~V~ O C °" ~ VI 9o TLL CN h C ~ C_J vOi WN ¢ (%J ~ C U C > 01 l0 `~"' t E 0 ' ¢ O U d K N W U C N~ y) U T O' O ~ C C A U N N O Z d 7 d C_ m d A N C N U .R- O N ~ d C C y~ 0 O ¢ O r . N J N c ~~ ~ N N U~ Oi ~ ~ ~ J G N W N U O 6 ~ « d ~ !~ d o IOi O O C LL O~ K~ d d OI C~ N a O K ~ (0 C J r w c x o o ! N 6 ~ « m m m m o a w o p, ~~ ~ O m o y d' > ;; :? o m N ;? c ~ c m `m o al ~ v o c m >iLUOr yv~~~~~n r ~ c=3oa ~ ~ era o •aZ o ~aN o 9U H ~ J czF-¢ a a a v o d d . m m m x c c Q O d' O Z Z 2 m V V U W °. W a m u~ c-i rn 0 0 N Ql N Ol O T 0 ~+ 0 fC a O ~ h ~ o o ~" N 00 O~ ~O ~ ~ ~ ~ ~ y 00 69 69 69 69 ~-. ~ `n N O~ ~ ~ ~ CO . " M ~!1 N 00 (, ~ N M V'1 V1 p '--' .-. ~ .--~ ~ ~ 64 69 69 69 ^O u .~ " N d: ~O M GJ 3 , O ~ vi O N M O ,-~. .--~ ,~ .--~ `p fH 69 69 ~J d N .N h 7 M ~' N U N O ~ v~ O ~ ~ ~ ~ O O ~ ~ ~ ~ ~ ~ w ~ ~ +' , ~ N O~ d' d' ~ ~ ~ ~ ~ ~ .C ~ ~+ M N v-~ +~ l~ l~ 00 00 ~ t,9 ~ ss C ~ =' O~ O ~-+ N 00 O~ O r+ O O ti ~--i L~ G4 G4 w ..yi o o \ o '~ [~ M ~ r ~' o 0 ~ o 0 Y~ N ~ ~ ~ ~ ~ ~--' M N Yr C C ~ o ~ ~ o ~ o •~ ~ ~ ~ ~ M 1y ~ ~ ~' M N O is ~ y ~ a". ~ I~ O ~ ~ N N r ~ O U o N ~ M e o ~ o ~ ~ ~ ~ ~ nj ~ M ~ ti O~ O O rr ~ ~--~ N ^i ,~ 60 O~ O ti ~ O O ~--~ ~--~ O H Gti Gz, L=r f=, m 0 N N C1D d a v v N Ol O O N N Ql O Y ~^ if. O J, V Q 1~ ~ ~ + ~ ~ t~ o0 ~. ~ ~O i F"' O M ~ ' "~ N N N v ~ , ,, 69 b4 69 L ~ ~ r O ~ ~.,~ i .--~ .-~ .--~ N ~ ~ ~ 69 69 69 Y ~ ~ O .~. l~ I~ [~ ~ Ey M ~ V'~ i ~ M ~+ ff3 69 69 h ~ bA Lr C~ U ,~ O ,~. N 01 O~ y M [~ ~ N N ~ ~ ' N ~ 69 fA 69 ' V M ~+ i, °.: s. E" O ~.~. O~ N N N [~ 00 O O ,__, ,.~ O ,--~ r. r. p b9 69 6A N ~, ~ F ~ ~ ~ o ° ° ° ~ o .-' N ~ ~ ~ , o, , o , O .-~ .~ is ~ + Ey 00 V'1 N O\ [~ ~ O 00 ~ ~. N N N M N N M M N y 69 69 69 69 59 69 69 69 69 Yr O .~. l~ ~' ~' ~ 00 ~ V1 00 M ~O ~ ~ N O 00 v1 M O~ ~O d' .~. N N N N N N N N N V'~ '~ 64 69 64 69 b4 69 b9 69 64 Yr O ff., oo O~ N ~ ~ 00 ~ ~ ~ ~. ~ ~ O o0 ~ M ~ 01 ~ N O }'" ~ ~ N ~--' ~--~ N N ~--' N N N ~' '~ 69 6R 69 69 69 69 64 b9 69 CC ~ Yr O~ i.r O ,~ Vr ~--' l~ O M [~ O M l~ P ~ E y ~O V'1 M O ~ V') 01 [~ V1 V M ~ 69 69 69 b4 69 64 b9 69 b9 ~ L ~ d ~~I /~ Y.i ~ O ~ v'~ M N ~O N O~ ~O N O~ bA M E..i M N ~--' ~? ~ N ~1 ~ N in ~ a N yy 64 69 b4 69 6A 69 69 69 EH ~..i M h bA S.i CC U '~ 4yj O N .~. [~ o0 O 0o ~ O~ 00 ~ N N ~--~ N O d' N N NO ~ .~ ~ .-~ p O r. .--~ r. .--~ ,-. .--~ ~ .--. Fa 69 69 ff3 69 64 69 69 69 69 ~ N u R s. ~+ ~" a i s. ' ~ ~ O O O O O O O O O r i~ 69 69 69 69 69 69 64 69 ff3 ~--i x '~ x '~ x z '~ z z o r, N o~ o o m O M U1 00 d M fl. 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O O O O fA O O O rn M ~[l M N rn N ~ f0 a0 0 V S O (O M M ao O) (o ~ cD o f i ~ ~ M N (D ~~ aD ui n m r .= c+i o ~ M M N ~ e a vi M ~ 00 c+i o o c.i co c+i ~ m Ao c u r o ~a~eo _ MM~tU rnw ~ M o or N N (O M N N ao rn m w ~ m N r IN o r corn ~~ y r O N rnN O M ~ D ~ ~ ~ rnfAN rnc0~ N N M ~ . - ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ 69 U ¢ } LL Uj f9 ~ fA EA ~ fA ~ fA a N N ~ ~ ~ T N A U1 0 .~ d d N J 2 O N 01 Z N 6 ~ N ~ ° ~~ ~ C E n v ~ W N N ¢ c m a v 4 c v w >, . oil • d C n ~ U~ `) w ~%vNdy m v~ m U x xa w o n E i,a a mE A a. pr o 'o-v v ~ aNi N o a~i K v, `m °=oN ~°~ :°. m a~° ¢a rn y ~ v m ~> ~ m ~ c = o U W v n~ N Z= m ~~ m a v m? a Z U m v a n :_°. c U x ~ =' ~ Z J N v rn O a d v c c `° ¢ d U N ~ N R' N N O N d a' « W C ~` y V :~ N d ~ C q N d O N N N E y y~ U UI C ~ 67 (O N W d O r C N d UI LL C~ 6 O W A A Ol Z N ~ N V a. ~ E a Z `~ O~ Of O~~ p~ U O p N c O~ O W U~ O p O' N ~O 'O T li V fn to C~ h w N fA C j 'O C .O-.L Q N d W N C l6 .~ N U T n C C C N~~ G U ~ F , C N ~ d ~ ~ ~ A D v C w O ~ V n C d> C O ¢ O ~+ . N U ~~ O W~ N N y Ol ma y- U d J Of O C lb c v~ •O. O N LL W O ` d a ~ N (/! N Z a~ ~ 6 i C > ~ N d 'm d LL Q O C O a LL rn N K~ Q d rn C .~ d ~ p (Y J N c N ~i.LLUOr y(/l~~Q(n O ~ c~UR F ~ Oda a 6Z aN o ~U F- ~ ~Zf-¢ y y a d O d d A A 10 x C C ¢ p ~ Q Z Z Z m U U U W LL W a ~, ~, rn 0 0 N N Q1 .J O O ~f:~ ++ s Q ~ o .r~.i O ~i ~ V1 0 ~ ~ .--i ~ O rH O h .--i y~ y h ~ O Q ~~I O •~ 1~ a ~ 0 ~, f~ ~ o ~ D o°,, ~o ~~ e o o° ~a 00 ~~ ww m 0 v m a a rn 0 0 N Ql N rn O .~ Q. T.~ V Q Y. + ~ ~i ~ ~ ~ Y. ~O ~ N .-~ ~r N Vl ~ 6A L Off. ~ ~ ~ ~ ,__, ~ r. ~ ~ ~ ~ a~ ~ ~+ ~ ~ ~ ~ ~ ~ E~ ~ r" .~. r" ~ M +.a 69 ~ ~ d bA Y. J".. U ~ o?j o °: ~ m [~ N ~~,, N Y. 69 U M s. s, :: i. F o .°.: ~n N [~ O~ .-. .d O .--~~r 69 N Y. o ~ ~ o ° ~~ 0 0 3r ~ + O l~ ~n ~ ~ m N N ~ 69 C~ 69 is O ~ t~ m -~ ~O H ~ ~ N .~ ~. N N N ~!1 ~ 69 69 6R O ..~. O~ 00 O~ ~ ~n F, N O o0 ~ N N .-~ ~ y 69 FA 69 ~ ~ L ~ ~ `tI L r ~ N ~ ~ ~ ~ m ~ ~ s9 .--i ~ ~ s9 ~ ~ ~ ~ o :: ~ m b A m [~ ~ M N ~ ~ r, .b ,~ .--, .--~ a N y,~ ss 69 6A ~--' M bD 7.. .C.' U ~ ~?3 O c~ ~: ~ v, ,-. ~ o ~n o, Ca ,-~ .~ ,-~ ,--~ O ~ .~-~ a 69 69 69 ~, N u }, y" a i s. .. E" o ~ ~ o ~ F, ~ ~ y b9 69 N ~ ~' 3 on ~ o x '~ z 0 0 m r- 0 m N ro a ATTACHMENT 7 ~ Agenda Item ~ ``. ' AGENDA REPORT Reviewed: ~~ ,,! City Manager Finance Director ~_ MEETING DATE: AUGUST 4, 2009 TO: WILLIAM A. HUSTON, CITY MANAGER FROM: PAMELA ARENDS-KING, FINANCE DIRECTOR DOUGLAS S. STACK, ASSISTANT PUBLIC WORKS DIRECTOR SUBJECT: ADOPTION OF RETAIL WATER RATES -PUBLIC HEARING RESOLUTION NO. 09-41 SUMMARY: The purpose of the public hearing, under the California Constitution ("Proposition 218") is to permit the property owners to comment upon or present objections to the proposed water rate increases. The proposed rate increases expand the current rate structure from four to seven tiers, see attachment 1; establishes a capital project fee solely dedicated for non-debt financed capital improvement projects; provides far a new pass- through adjustment to account for unanticipated third party charges related to the purchase of electricity and/or imported water; and establishes Water Demand Reduction Stages (WDRS) that would enable the City to comply with wholesale water use restrictions in response to regional water shortage conditions as necessary. The WDRS was included within the official Proposition 218 notice of Public Hearing to ensure proper noticing and compliance. Only upon specific City Council authorization can a WDRS be declared and put into action. The proposed rate increases would be effective August 5, 2009 for fiscal year 2009- 2010 and July 15t in subsequent fiscal years. The typical residential customer would experience an increase of 10.8% in FY 2009-10, 10.5% in FY 2010-2011, and 7% in FY 2011-2012 through FY 2013-2014. Additionally, the pass-through adjustment is restricted to-not-exceed 7% of the annual water charges. RECOMMENDATION: It is recommended that City Council take the following actions: 1. Conduct a public hearing to receive testimony on the proposed water rate increases for fiscal year 2009-2010 through fiscal year 2013-2014; and 2. Adopt Resolution No. 09-41 approving the proposed water rate increases and changes if there is no majority protest. ADOPTION OF RETAIL WATER RATES -PUBLIC HEARING RESOLUTION NO. 09-41 August 4, 2009 Page 2 FISCAL IMPACT: The proposed water rate increases will generate the necessary revenue to meet ongoing operations and maintenance expenses; existing debt service payments and bond covenants; pay-as-you capital improvement; major capital debt financing; establish and maintain reserves; assurance from unanticipated third party increases; and eliminate General Fund subsidy to the Water Enterprise Fund to cover projected revenue shortfalls. BACKGROUND: The City of Tustin's water rates were last adjusted in January 2008. The most recent rate increases were adopted on May 1, 2006, and did not generate sufficient revenues to meet operational and capital needs. Attachment 2 shows the history of rate increases since 1980. During Fiscal Year 2008-2009 budget development, it became evident that revenues derived from existing rates would be inadequate to meet the operating and capital needs of the system and a rate adjustment would be required. In order to provide for the continued operation of a water system on a sound financial basis, revenues must be sufficient to meet the cash requirements of operation, maintenance, capital needs, administrative, debt service payments and ensure necessary debt coverage ratios pursuant to the 2003 Water Refunding bond. In addition, revenues in excess of expenses should be sufficient to provide and maintain cash reserves in the event of emergencies and short term fluctuations in revenue due to drought and other factors affecting water supplies and sales. Projected operating and maintenance expenses are driven by various costs including personnel, utilities, customer billing, meter reading, purchased water, ground water replenishment assessments, water treatment, routine maintenance, production and various materials and supplies. Attachment 3 illustrates the current financial status of the Water Enterprise fund and the projected financial status with the implementation of the proposed rate increases. The Water Enterprise is currently operating at a loss. The factors used to develop the revenue requirements for the Water Enterprise are: - Imported and ground water costs - Electrical costs - Operation and maintenance costs Debt service coverage - New debt service issuance - Rebuilding the reserve Capital improvement program The proposed water rates and charges will yield adequate revenues to cover operating expenses; repairs; capital improvement program costs; debt service payments and depreciation of water facilities owned and operated by the City in providing water service to its customers; and establish and maintain cash reserves. ADOPTION OF RETAIL WATER RATES -PUBLIC HEARING RESOLUTION NO. 09-41 August 4, 2009 Page 3 In the notice of Public Hearing sent to all Water Service customers and property owners, several tables were included which shows the proposed consumption tiers and charges, service capacity charges, and capital charge. The impact of the proposed rate increase on the "typical" residential user with a 5/8 x 3/4 inch meter and consuming about 40 units (one unit =one hundred cubic-feet = 748 gallons) is 10.8% in FY 09/10, 10.5% in FY 10/11, and 7% in FY 11/12 through FY 13/14. The pass-through charge has been added to the proposed rate increase to offset the increasing costs of purchasing and pumping water imposed by third party agencies. Imported water rates are established by Metropolitan Water District of Southern California (MWD) and additional fees are added to those rates by wholesale water purveyors, MWDOC and East Orange County Water District (EOCWD). Ground water rates are established by the Orange County Water District (OCWD) and electricity rates are established by Southern California Edison. The proposed pass-through would allow the Water Enterprise to assess and recoup the costs of providing water beyond current budget appropriation. The pass-through is restricted to-not-exceed 7% (approximately $0.14 per unit in FY 09-10) of the annual water charges to a "typical" residential user in any given fiscal year. The pass-through charge could be added to or subtracted from (when the production cost is less than estimated) the consumption charge. All water customers would receive a notification prior to the assessment of these charges. The Water Demand Reduction Stages (WDRS) has been added to the proposed rate increase to enable the City to comply with wholesale water use restrictions in response to regional water shortage conditions, as necessary. The WDRS would only be declared and put into action by specific City Council direction. The WDRS reduces the unit allocation of each tier at different stages. Stage 1 reduces the allocation by 10%; Stage 2 reduces the allocation by 20%; Stage 3 reduces the allocation by 30%; and Stage 4 reduces the allocation by 40%. According to the 2008 Water Rate Survey conducted by the Municipal Water District of Orange County (MWDOC), approximately 20 of the 31 water service providers within the County utilize a tiered rate structure. Attachment 4 is from the MWDOC rate survey that shows that the City's 2008 water rates were below the median rates at the time the survey was conducted. The City's proposed rate for FY 2009-2010 would still be below the countywide median. The Water Enterprise's Capital Improvement Program is designed to reduce its reliance on imported water, and improve the water system's storage, production, treatment, and distribution capabilities. The Water Service will continue its program objectives of proactively managing the quantity and the quality of its groundwater supplies, and to rehabilitate or replace older facilities as needed. The proposed rates would enable the Water Enterprise to obtain $30 million in debt financing for the construction of the Rawlings Reservoir, Tustin Avenue Well, Simon Ranch Reservoir and Booster Station, and Beneta Well. The new capital charge will be dedicated to non-debt financed capital projects. The capital charge was previously a component of the consumption charges that has now been separated to provide a dedicated funding source for capital projects. ADOPTION OF RETAIL WATER RATES -PUBLIC HEARING RESOLUTION NO. 09-41 August 4, 2009 Page 4 On May 28, 2009, the Audit Commission received a presentation on the proposed water rate increase. The commission made the unanimous recommendation that the water rate increase be forwarded to City Council for consideration. Staff is recommending that the City Council adopt eve consecutive rate increases at one time in order to address short term reserves, debt service coverage, and enable the Water Enterprise to obtain debt financing. If approved the first increase would be effective August 5, 2009, with subsequent increases going into effect July 1St of each fiscal year. ~_ .. Pamela Arends-King Finance Director ~. Stack Public Works Director S n Tran Senior Financial Analyst Attachment(s): Attachment 1 -Change in tier structure Attachment 2 -History of rate increase Attachment 3 -Water Enterprise's financial status Attachment 4 - 2008 MWDOC rate survey Attac)•unent 1 Change in Tier Structure Current Tier Structure: Residential /Commercial Tiers Units 1 g Tier 0-12 2" Tier 13-40 3` Tier 41-60 4 Tier 61 + New Tier Structure: Residential /Commercial Tiers Units 1 S Tier 0-10 2" Tier 11-20 3` Tier 21-30 4 Tier 31-40 5 Tier 41-50 6 Tier 51-60 7 Tier 61 + Multiple Unit Tiers Units 1 s Tier 0-10 2" Tier 11-32 3` Tier 33-48 4 Tier 49 + Multiple Unit Tiers Units 1 S Tier 0-8 2" Tier 9-16 3` Tier 17-24 4 Tier 25-32 5 Tier 33-40 6 Tier 41-48 7 Tier 49 + N z W x u H _a ~ ~ Nn N ~ 7 ~ C ~ C7 ~ N ~ ~ C m ~ ~ ~ U ~ Z . 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T~' pm UW c m w ro~ a u. a E an d ~ °~ ~i rn ~ °aT6w ~~ a~ ~i0 d~ ~ ~~ ~ ~ ~ ~ ~~U ~-S ~ Z w ~ a,~ wa ~ Azua > ~rJ .c m °' N~'gU~Ba T8 4L' > m~LL c(n K y E ~n c ~~~ o u~ia g ~w ~=.p tn' m c ~'p ~ ~ ~ 'U~:ex ~ ~ E~ yD °' .°r~ ~ ~ c c yy ~ g~ L Ea m m_.. Ot ° c` V c fA c°~ ~ Ot ~ v~ Q h f >. LL .v u) g ul c w W a y c ~ N tofl,~ x~c~~'S°U~ c F~t~4Zav c m~ w c~ p °' ~p U E~ Q W ~, W~ A m '~3 >, d m y~ in U t~ `~~j Z c !Eq a d ~ a~i c a~i O m R ~ ~ ,c ny m 4~ vii W~ C c10~- ~ ~`~ ~gy Cyr ~ Q > 51 ~ LL OQ ILpv Q:~ N .~a O~ m ~ c~x'o~o ~~~a'oaWb O 4Er0w2 o a°' ~4 ~ .`tqc° «c~ ca ~ fop ~3"isc ~u.c~S~ ~~~c~~ ~ ~ c-spa r d d ~ tae Az .~.~ o cU ~ ~ cz~a ~ Q Z Z Z SYI U U U W a W Q ATTACHMENT 4 2008 MUNICIPAL WATER DISTRICT OF ORANGE COUNTY SURVEY OCWD Basin Agency 10 ccf 20 ccf Anaheim; City of $19.90 $34.80 Buena Park, City of $21.89 $35.43 East Orance CWD Retail $35.40 $51.80 Fountain Valley, City of $20.22 $37.51 Garden Grove, City of $25.54 $46.04 Golden State WC $32.92 $54.83 Huntington Beach, City of $26.47 $42.04 Irvine Ranch WD High ET $17.08 $29.92 Irvine Ranch WD Low ET $17.24 $34.36 La Palma, City of $23.20 $43.60 Mesa Consolidated WD $32.50 $57.50 Newport Beach, City of $25.30 $46.10 Orange, City of $16.35 $24.53 Orange Pk Acres Mut. WC $39.84 $63.02 Santa Ana, City of $26.34 $49.18 Seal Beach, City of $31.56 $57.96 Serrano WD $34.05 $55.75 Tustin, City of $20.31 $35.91 Westminster, City of $19.82 $42.39 Yorba Linda WD $26.25 $44.15 Non-Basin Agency Brea, City of $24.65 $47.11 EI Toro WD $24.55 $40.25 Emerald Bay Services Distr $37.80 $66.20 La Habra, City of $26.33 $44.53 Laguna Beach CWD $41.00 $72.55 Moulton Niguel WD $15.20 $24.80 San Clemente Summer $24.68 $46.72 San Clemente Winter $25.50 $66.25 San Juan Capistrano July $37.34 $63.44 San Juan Capistrano Jan $37.34 $82.64 Santa Margarita WD $20.26 $35.86 South Coast WD $36.59 $67.57 Trabuco Canyon WD Warm $27.25 $47.15 Trabuco Canyon WD Cool $27.55 $47.63 Median: $25.90 $46.41 Tustin's Proposed Rates: FY 2009-2010 FY 2010-2011 FY 2011-2012 FY 2012-2013 FY 2013-2014 * does not include pass-through $25.20 $39.80 $27.42 $43.82 $29.82 $47.22 $31.85 $50.35 $34.08 $53.68 ATTACHMENT 8 i.-• AGENDA REPORT Agenda Item Reviewed: City Manager Finance Director MEETING DATE: SEPTEMBER 1, 2009 TO: WILLIAM A. HUSTON, CITY MANAGER FROM: PAMELA ARENDS-KING, FINANCE DIRECTOR DOUGLAS S. STACK, ACTING PUBLIC WORKS DIRECTOR/CITY ENGINEER SUBJECT: ADOPTION OF RETAIL WATER RATES SUMMARY: At the August 4, 2009 meeting City Council directed staff to provide additional water rate options. To meet the current and future needs of the Water Enterprise System staff has developed one additional water rate increase option. Option 1 remains the same water rate increase as presented at the August 4, 2009 meeting. Option 2 flattens the water rate increases more uniformly over the proposed five year period. Each option essentially produces the same results after five years. However, Option 2 will delay, even further, needed capital improvement by 18-24 months. RECOMMENDATION: It is recommended that City Council take the following action: 1. Adopt Option 1 water rate increase resolution as presented on August 4, 2009. ALTERNATIVE RECOMMENDATION: The City Council may consider and take the following action: 2. Adopt Option 2 water rate increase resolution. If either recommendation is approved, rates will be effective September 2, 2009. FISCAL IMPACT: Option 1: The water rate increase would provide an adequate revenue stream to proceed with the debt issuance for major capital projects February 2010 and fiscal year 12/13; complete pay-as-you-go capital improvements and meet existing bond covenants. Option 2: The smoothed or flattened water rate increases will delay debt issuance for major capital projects to October 2010 and fiscal year 13/14, and defer pay-as-you-go capital improvements for two years. ADOPTION OF RETAIL WATER RATES RESOLUTION NO. 09-41 SEPTEMBER 1, 2009 Page 2 BACKGROUND: The City Council held a public hearing on the proposed water rate increases at its meeting on August 4, 2009. The rate increases presented to the City Council were based on the City's adopted 2000 Water Master Plan. The adopted 2000 Water Master Plan is one of four pillars of the City's "Water Business Plan", the other three include the Urban Water Management Plan, Seven-year Capital Improvement Plan, and the annual Operating & Maintenance budget. The Water Master Plan essentially serves as the short and long term strategic planning document that gives the basis and assurance that capital dollars/investment are prioritized in the most effective fashion. The Water Master Plan contains very detailed and descriptive evaluations of demand, supply, storage, distribution/production, system analysis, and water capital improvement. The Master Plan as well as previous engineering studies in evaluating the Foothill, Rawlings, and Simon Ranch reservoirs noted that these reservoirs have not and will not ever completely comply with current seismic and code requirements due to age, condition and dated construction/design practices. Seismic tends to be over shadowed by the threat of fire only until there is an earthquake. At the public hearing the City Council directed staff to return to Council with additional rate options; Option 1 (Attachment 1) is the original water rate increase presented on August 4, 2009. This option has higher increases for the first two years (10.83% and 10.49% for 40 units) and significantly lower increases for the last three years for the five year rate cycle (6.94% to 6.95% for 40 units). Option 2 (Attachment 2) is a smoothed water rate increase with increases of 9.57% and 9.59% for the first two years and 8.70% to 8.07% for the last three years of the rate cycle. Both options have the pass through provision to offset the increasing costs of purchasing and pumping water imposed by third party agencies. The pass through is restricted to not exceed 7% of the annual water charges to a "typical" residential user in any given fiscal year. Customers will be notified in advance on their bill of the pass through and the charge will be a separate item on the bill. Option 2 would reduce the Water Enterprise's ability to expeditiously obtain debt financing for the construction of Rawlings Reservoir and Tustin Avenue Well. Additionally, the reduced revenue capacity in the first two years necessitates the delay of non-debt finance capital improvement projects by two years to build the necessary cash reserves. The delay in the Water Enterprise's ability to proceed with critical capital infrastructure could lead to higher operating costs in terms of more expensive purchased water should the City's wells fail. The increased costs to provide water might also increase the pass through charges. ADOPTION OF RETAIL WATER RATES RESOLUTION NO. 09-41 SEPTEMBER 1, 2009 !~~ Pamela Arends-King Finance Director Page 3 II~sJ S. Stack g ublic Works Director/City Engineer Attachment(s): Attachment 1 -Water Rate Increase Option 1 Attachment 2 -Water Rate Increase Option 2 Attachment 3 -Construction Dates of Water Storage and Well Facilities Attachment 4 -Water Capital Projects Completed Attachment 5 -August 4, 2009 Water Rate PowerPoint Presentation ATTACHEMENT 3 WATER STORAGE AND WELL FACILITIES . ~ Foothill . • ~~ 1959 Rawlings 1971 Simon Ranch 1960 Newport Avenue (new roof in 1985) 1926 John Lyttle 1975 Main Street 2001 Newport Avenue • ~ ~~ 1926 Walnut Avenue 1930 Tustin Avenue 1952 Prospect Avenue 1955 Yorba Avenue 1961 Main Street (#3) 1972 Main Street (#4) 1999 17t Street (#2) 1972 17t Street (#4) 2002 Beneta Way 1977 Columbus Tustin ~ 1985 Vandenberg 1993 Pasadena Avenue 2008 Replacement of facilities is based on capacity needs, condition, system analysis and seismic code requirements Attachment 4 Water Capital Projects Completed Between Fiscal Years 06/07 and 08/09 CIP 6161 -Hewes Avenue water main replacment (793 ft) CIP 6130 -Pasadena Avene Well CIP 6147 -Edinger Avenue water main replacment CIP 6151 -Prospect Avenue water main replacement (1,450 ft) CIP 6154 - Liane, Valhala, water main replacement (2,620 ft} CIP 6157 -Main Street Treatment Plant Well #4 rehabilitation Repair of 17th St. treatment plant, Well#4 Pump Repair Pumps at Walnut, Prospect, Yorba, and Beneta Wells; and Simon Booster Station Repair Motors at Columbuts-Tustin, Vandenberg, Prospect, and Newport Wells; and Simon Booster Station Project Cost 147,155.07 4,313,553.91 604,932.93 582,955.96 677,053.29 142,890.09 131,854.70 275,992.83 21,149.43 Total Project Costs $ 6,897,538.21 a ~~M `i/ ~"'~ W U Z Q Z ~~~:`, ' ~~ s+sar~ ~~ ~~~ =~° ~~~a , ;= . ~a ~~s N ~ r, ae ~„#~ ~. :, f/~ N N N ~ ~ ~ Q W U ~ a ~ J ~ O ~ a U D W W DC a J V r~ ~~ ~~ ____ {. 4 _ ~ r ~: ~, ~ .~ ~~ V ~..~ ^ ~ ~ V ~ .a ~, ~ffij ~ Z ~~ ~ ~ ~ Y' .+Y +M ~ ~ 6 , ,, Z1 O O N ., ~~ Q gg ~. ~.. `~'~ ?~~' ~g ~i 8~~2~ i~ J~ y ~ e~ ~ne8'~~"~ ~ r,~ ~ dP ,, I ~ ~ g3 2~ $ ux ~ ,~ w U w N ~ ~ w Z ~ w - ~ J ~ U ~ Q U L.L a u .i (/~ a~ a c~ l~ O O .~ .~ ~_ 4J O O ,~J, V a~ N a~ .~ c~ m r~'J~ V w~ s u O N c~ O 0 0 00 O ._ +~ Q O O m ~- D U O w O .u 0 U _~ Q Q L O Q .~~ v I ~J V O V 00 ~O i oC 4J c~ O cn O .u O u u ~1 4J w N T a~ cti X 4- O O d' O ~ w cn ~ O „Q O °C ~ U ~ Z p~ W Q Z °~ O ~~ w Q oC W ~~/ Fil C~ '~.~ W a ~ a N X j} v ~ L:. 0 0 ~" w 0 0 w 0 0 ~. 0 0 w 0 a ~. w ° o ° o ° 0 0 0 0 o o o 0 0 0 0 0 0 0 0 0 ° ° ° ° ° ° ° ° ° o o o o o o o o o O V1 O V1 O V1 O v? 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N O ~ ~ M In 0 0 0 ~ ~ ~ ~ ~ .-. d ~ ~ N N d Q ~ N ~ X C C ER W .-. > Q N ~ . d d K ~ ~ ~ W ~ ~ y d ~ ~ ~ ~ J L L ~ Q ~ Q Q O 0 ~ ~ = O ~ Z Gs O O O ~ ~ ~ H z z o :; 's I ;y ;; .~` U N $~r Q~ Q~ ~ '~ c~ ¢' . ,-~ N ~ N ~ O ~ . ~ .~ ~ ~ N ~ CC3 , ~ ~ ~ -1--' C~ ~ S-. ~ b1J ~ 'N U N N t~ ~ ca._, U O ~ O U .~ O O ~ v~ a $,,,~ ~, ~ .~ ~ ~ ~ p ~ O ~ O ~ N ~ ~ ~ ~ ~ U i ~ ~ ~ ~ ~ ~ c~ ~ ~' ~ `O d- ~ ~, ~ N a ``~'' ~ O ~ ~ O N ~~ ~ ~ ~ 4J ~ O "C~ •.-+ N ~ N ~ ~ ~ U ~ . ~ w w w ~/ W Q E"{ ''~ • • • w H Q W F'- W J J a N N N N ~ ~ ~ ~ E-~ 0 0 ~ ~ _ ~ ~' ~ ~ N ~ v `~ '~ '~ ~ ~ ~ M ~ ~ ~-+ O . ~ ~ . ~ ~ [--~ ~ [••I M ,~ r--+ ~ ~ ~ ~ ~ N ~ ~ ~ ~ ' O ~ O 6,g O 00 O i-~ ~ `O ~- ~~ ~ 00 O~ ~ ~ N - N N M M ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ 6 ~ \D ~". ~ ~ ~~" C C~ i ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ i ~ ~ ~ ~ M ~ ~ O .~ G~ M ~ ~ ~ ~ N ~ v M U~ O .~ ~, N [-~ < .-~ ~ ~ ~ ~ ~ N 4~ ~" Z O ~ ~ ~ ~ ~ O ,~, c ~ ~ c c N .~ w O H U w u Q w Q Q~ y~ n ~ 0 ~ „~ ~~ , ^ ,, ~ U ~ ~ N h--1 ~ (~ ~ ~ U • • • r~+ N O ~-. ~ N ~ ~ .~; O '"' 00 ~4 C ~, N M U N ~ O ~ ~ ~' N N _O .~ ~ ~ ~ Ef3 M '~ ~ ~ ~ o0 ~ ~ 69 ~Q "'aL ~ >' ~ ~ r'~".., ~ bR3 O O~ O ,~ C~ ~ rn ~ ~ O~ d' l~ d' O N l--~ ,--~ O ~ ~ O I~ O ~ M O ~ ~ O M V O ^' ~--' N N N pp 64 H9 bH bR 69 C v~ ~ : ~ ~ 00 ~ ~ ~ '--~ N ~ ,-~ ~ v~ d' N ~ M ~ rt' 00 ~ O~ 3 ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ O ~p l~ O N .-~ 64 M ~t M .-~ 64 N M d' .-~ ff3 ~ N ~ .--~ bF3 ~ N ~O '-+ 6r1 .~ ~ ~ ~ oho oNO N ~ M o~ ~ O ~ ~ N 69 O~ O ~+ 64 ~ --+ r-, E~9 ~ N ,--i 6f3 M m ,--i 64 00 t~f) is ~ '~ ~ V7 d' ~ d' O ~ ~D O ~ 6F3 ~ 64 ~ 69 _O 64 _O ~ O r--1 N M ~ j,, ~ ~ ~"{ ~ r-I ~ r-~I ~ ~ ~ ~ ~ O~ O O ~ ~ ~ N ~--i M ~ ' .r .~ ~~~'' o ~ \° \° \° o ~ O d ~ ~ ~ .°d. °.~ - ~ N ~. : ? ~ ~' d ~ ~ ~ ~ ~ ~ ~ o °O ~ ~ ~ ~ ~ ~ ~' ~ o \° \° \° ~~ ~ O N N N °, ~ O ~ :~'~ o o \ o \ o y ~ 01 ~ ~p M N ~ ~ V \ o o ~i N ~ O ~ ~ `O ~ ~ ~ d' O~ O ~--i N M d' ~ 00 ~ C1 ~ O ~ .-~ ~ N ~ M ~ r,,, O O •-~ r-+ ~ •-~ ~ N Z O O '~ N ~ M ~ ~ O ~ r 00 N ~ ~- ~ ~" ~ ~ ~ ~ ~ ~ E!? (f} M .-. N ch ~ ti N ~ r I~ N ~ ~ ~rj ~ r ~ ~ ~ ~ ~ Ef? K> N .-~ r a? ~ In ~ N -a r In N ~rj r- nj d ~ _ ~ ~ ~ + + V V- Ef3 d4 d 'o r i ~ M O ~ Ij O d o ~ ~''~ c~ ~ r r d' N N ~ ~ ~ r ~ ~} dL} ~ ~ ~ LL O ~ .-. C1 ~`? a? M ~[? r O N ~ p O O O ~ ~ ~ O LC) Lf) O I~ ti ap C9 ~ M d: I` O O r r O r- ~.. ~ ~ ~ ~ ~ LL O ~ .-. ~ O ~ CO r ~ ~ O r M V O r r p O O Q } ~ H? d4 ~ Ef} E!> ~ .... ~~ a~ N C N O 7 N .~ ~ Q k ~ _ G1 G1 N r2 d X 3 7 ~ W ~ C N d c~6 ~ ~ ~ J C1 d ~ Q- G1 ~ O O O a C C Q ~ ~ Q O . r ~+ Z d O O y f- H ~ ~ d d O p Z i- Z C~ ~ ~ ~ N ^~' ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~-r ~ ~ y'' ~/] '~' N U ~ N GQ ~ O • . ~ O ~~" '""i ~ C~ $-- ~ ~ ~H '--i V] ~ O ~ v ~ ~ ~ • ~ o ., ~ U • ~ ~ CC3 ~ ~ . ~ ~ ~ ~ ~ ,~ C~ A-I ~ ~ CC3 C~ C~ • H F--~ H • • • M ,--, ry w F- Q W W J J Q (/'I N N ~' O~ N i L ~ ~~ 00 0 ~ ~ r--~ r..i ~ ~I ~,y Q .~ ~ ~ ~ ~ V '~ '~ '-~ ~ ~ ~ ~ ~ M ~ ~ ~+ O • ~ `O .^? ~ ~ v~ ~ M ~ ~ ~ ~ ~ N ~ ~ ~ ~ r ~ / ~ ~ ~ . ~ ~ ~ ~ ~ 00 + ~ am' ~ ~ N ( d l ~ ~ N N N M M ~ ~3 64 6f3 bFl ~} O ,~ ~ ~ E..~ ,-~ ~ c ~ .~ E o .~ ~ .-~ ~n ~..~ c - E ~ ~ ~ ~ o ~ ~ ~ ~i- E, ~ i E ~ M r.. ~' U ~. ~ o N M ~ C/1 I.r ~ H ~ ~ N [.~ .-~ ~ .--+ ~ N O .--~ i O y ~ d' w O H U w u Q w Q 4J ~ ~ 4~ N . ~ ~ ~ ~ ~ U ~ ~ ~ ~ ~ _ U ~ ~ ~ ~ ~ •~ ~ ~ ~ ~ ~ ~ U • ~' N O ~-. ~ N r~ d- ~ p '-' pp 6~} N r--~ M M~ N V ° ~ ~ `~ N G~ ~ N .`~ ~ ~ O ~ ~ 6~3 M p'~ ~ N ,~ ~ ~ 6r} ~ ~ ~ ~ 6~4 O O O • • '' ~ o ~ ~ o ~ ~ l~ ~ ~ 00 ~ ~ ~ 00 O r-+ M O ~+ ~--~ N N N y p p fro 6~? b9 ffl fd4 ~ cet d1 tt ~t ~ ~ ~ N V ~ M l~ ~--+ ~ ~'-'~ d- v~ t~ oo O v~ O .--~ .--~ .--a r, N ~ [~ Ef3 69 b~} C~ bF3 :~ ~ ~ .~"' ~ 0 0 N ~ 00 O N ~ ~ ~ ~ ~ ~ ~ .~ M ~ N ~ _ r-+ N ~ ~ ~ ~ ~ ~ _ 69 C ~ ~ 64 69 6~} ~ N t~ ~~' ~ 00 `O M _ O O ~ ~ ~ ~ O , 6F3 69 6~3 b9 ~ d O ~ '~ ~ O ~--i N M ~ ~ ~ ~ ~ ~ ~ O~ O ~ N M ~~~ _ ~~ ~s E ~ ,_ ~~~ ~ ~~ ~l~s . o ~ c ~ ~ 0 oho 0 N ~ ~ ~ °~° . ~ o0 00 00 ~ \° \° \° T.r ~ M 00 O M 0 00 0 M 0 .--i M ~ ~ ~ o0 00 00 ~ ~ r"' o o ° ° \ o ~ '"'' \ ~ \ M r-+ N a ~ ~ ~ o0 00 00 ~ O ~ ~ ~ Si ~ ~ O ~ ° ~ O~ 0 ~ O~ 0 ~ o0 0 M 00 0 O 00 ~ ~' '~ ~ ~ ~ ~ ~ o ~ ~ 0 t~ ~ 0 O~ ~ 0 O ['~ 0 O M o [~ O O N N O a1 ~ o0 00 00 ~ ~ ~ 01 O ~ N M d' O ~--~ ~ ~ ~ r--i ~ 00 O~ O •-~ N M O O ~ ~ ~ ."~ G ~` w H Q W W w u Q J nL W ~~ ~ /'~ ~lJ L -~ N ~ • • n` ~ ~ nL nW, W it O ~ ~ 'r _~ b4 is ~ O :: l~ ~ ~ d' ~ ~., ~ ~ M ~ >~ Sr ~ r ~ ~ ~ ~ ~ ~ E.1 M ^~ '"~ ~+ '-+ ~ 64 ~ N it ~Lr ~ V N ~ ~ ~ ~ d. ~' h O 69 0 0 ~, ~ v~ oo ~t o0 00 ~-• oo ~n ~ t~ N o o~ ~ :a -f- H 01 ~ ~ N ~ t` ~ N Q1 00 ~ N ~--~ oo ~t ~ ~. 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RESOLUTION NO. 09-41 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUSTIN, CALIFORNIA, ADJUSTING WATER SERVICE RATES (OPTION 1) WHEREAS, the City Council of the City of Tustin finds and determines as follows: 1. An analysis of the Tustin Water Enterprise's water supply, storage, and distribution system improvements has been completed; and 2. The analysis revealed that major storage system improvements are required to maintain system reliability; and 3. The analysis determined that additional funding will be required in order to complete the necessary improvements; and 4. The Tustin Water Enterprise has experienced increase operational costs; and 5. A study of the Tustin Water Enterprise Rate Structure and Financing Plan has been completed; and 6. The study has determined that it has become necessary to adjust water service rates to maintain operations, meet bond covenants, and to finance the recommended capital improvements; and 7. It will be necessary to increase rates for next five years; and 8. The revised rates as set forth herewith are reasonable and are necessary to cover the costs of operations of the Tustin Water Service delivery for the next five years. NOW, THEREFORE, the City Council of the City of Tustin does hereby resolve as follows: The bi-monthly water usage tiers, rates, charges, and water demand reduction stages are hereby established as follows: WATER CONSUMPTION TIERS: Residential /Commercial Multiple Unit Tiers Units 1 S Tier 0-10 2" Tier 11-20 3~ Tier 21-30 4 Tier 31-40 5 Tier 41-50 6 Tier 51-60 7 Tier 61 + FIXED CHARGE: Tiers Units 1S Tier 0-8 2" Tier 9-16 3~ Tier 17-24 4 Tier 25-32 5 Tier 33-40 6 Tier 41-48 7 Tier 49 + Meter Size 10/7/2009 7/1/2010 7/1/2011 7/1/2012 7/1/2013 5/8" x 3/4" $24.50 $26.94 $29.64 $32.60 $35.86 1" $61.24 $67.36 $74.08 $81.50 $89.64 1 1 /2" $122.46 $134.70 $148.18 $163.00 $179.28 2" $195.92 $215.52 $237.06 $260.78 $286.86 3" $367.36 $404.08 $444.50 $488.94 $537.84 4" $612.24 $673.46 $740.82 $814.90 $896.38 6" or Lar er $1224.48 $1346.92 $1481.64 $1629.80 $1792.76 Multiple Unit $19.60 $21.56 $23.72 $26.08 $28.68 CAPITAL CHARGE: Meter Size 10/7/2009 7/1 /2010 7/1 /2011 7/1 /2012 7/1 /2013 5/8" x 3/4" $10 $10 $11 $11 $11 1" $12 $12 $13 $13 $14 11/2" $16 $16 $17 $17 $18 2" $22 $23 $23 $24 $25 3" $33 $34 $35 $36 $37 4" $53 $55 $56 $58 $60 6" or Lar er $90 $93 $95 $98 $101 Multiple Unit $8 $8 $9 $9 $9 CONSUMPTION CHARGE: Small Meter Consum ption Char a unde r 2" meter size Tiers 1S Tier 2" Tier 3` Tier 4 Tier 5 Tier 6 Tier 7 Tier Units 0-10 11-20 21-30 31-40 41-50 51-60 61 + 10/07/2009 $0.58 $1.01 $1.31 $1.61 $1.91 $2.21 $2.51 07/01/2010 $0.65 $1.14 $1.47 $1.81 $2.15 $2.49 $2.82 07/01/2011 $0.69 $1.21 $1.56 $1.92 $2.28 $2.64 $2.99 07/01 /2012 $0.73 $1.28 $1.66 $2.04 $2.42 $2.79 $3.17 07/01 /2013 $0.78 $1.35 $1.76 $2.16 $2.56 $2.96 $3.36 Lar a Mete r Consum tion Char a 2" meter size & reater Tiers 1 S Tier 2" Tier 3` Tier 4 Tier 5 Tier 6 Tier 7 Tier Units 0-10 11-20 21-30 31-40 41-50 51-60 61 + Hi h $0.70 $1.22 $1.59 $1.95 $2.31 $2.67 $3.04 10/07/2009 Normal $0.64 $1.11 $1.44 $1.77 $2.10 $2.43 $2.76 Low $0.58 $1.01 $1.31 $1.61 $1.91 $2.21 $2.51 ` Hi h $0.79 $1.38 $1.78 $2.19 $2.60` $3.01 .$3.42 07/01/2010 Normal $0.72 $1.25 $1.62 $1.99 $2.36 $2.74 $3.11 Low $0.65 $1.14 $1.47 $1.81 $2.15 $2.49 $2.82 Hi h $0.84 $1.46 $1.89 $2.32 $2.76 $3.19 $3.62 07/01/2011 Normal $0.76 $1.33 $1.72 $2.11 $2.51 $2.90 $3.29 Low $0.69 $1.21 $1.56 $1.92 $2.28 $2.64 $2.99 Hi h $0.89' $1.55 $2.00 $2.46 $2.92 $3.38 $3.84 07/01/2012 Normal $0..81 $1.41 $1.82 $2.24 $2.66 $3.07 $3.49 Low $0.73 $-1.2.8 $1.66 $2.04 $2..42 $2.79 $3:17 Hi h $0.94 $1.64 $2.12 $2.61 $3.10 $3.58 $4.07 07/01/2013 Normal $0.86 $1.49 $1.93 $2.37 $2.82 $3.26 $3.70 Low $0.78 $1.35 $1.76 $2.16 $2.56 $2.96 $3.36 Hi h Greater than 110% of rior ear consumption Normal 90% - 110% of prior ear consumption Low Less than 90% of prior ear consumption PASS-THROUGH CHARGE: The pass-through charge is cost per unit charge calculated based on the difference between the projected base production cost and the actual production costs, which is divided by total annual consumption. The pass-through charge would not exceed 7% of the annual water charges. See projected production cost table and formula below: The projected base production cost used for the pass-through calculations is $5,025,979 Formula: Actual Production Cost) - (Projected Base Production Cost) Total Annual Consumption WATER DEMAND REDUCTION STAGES: Residential /Commercial STAGES 1S 2" 3~ 4 5 6 7 Tier Tier Tier Tier Tier Tier Tier No Mandatory Reduction 0-10 11-20 21-30 31-40 41-50 51-60 61 + in units STAGE 1 -Water Watch 0-9 10-18 19-27 28-36 37-45 46-54 55+ Voluntary Compliance 10-20% Reduction STAGE 2 -Water Alert 0-8 9-16 17-24 25-32 33-40 41-48 49+ Mandatory Compliance 20-30% Reduction STAGE 3 -Water 0-7 8-14 15-21 22-28 29-35 36-42 43+ Warning Mandatory Compliance 30-40% Reduction STAGE 4 -Water 0-6 7-12 13-18 19-24 25-30 31-36 37+ Emergency Mandatory Compliance 40%+ Reduction Multiple Unit STAGES 15 2" 3~ 4 5 6 7 Tier Tier Tier Tier Tier Tier Tier No Mandatory Reduction 0-8 9-16 17-24 25-32 33-40 41-48 49 + in units STAGE 1 -Water Watch 0-7 8-14 15-21 22-28 29-35 36-42 43 + Voluntary Compliance 10-20% Reduction STAGE 2 -Water Alert 0-6 7-12 13-18 19-24 25-30 31-36 37 + Mandatory Compliance 20-30% Reduction STAGE 3 -Water 0-6 7-12 13-18 19-24 25-30 31-36 37 + Warning Mandatory Compliance 30-40% Reduction STAGE 4 -Water 0-5 6-10 11-15 16-20 21-25 26-30 31 + Emergency Mandatory Compliance 40%+ Reduction PASSED AND ADOPTED at a regular meeting of the City Council of the City of Tustin, California, held on the 6th day of October, 2009. DOUG DAVERT, Mayor ATTEST: PAMELA STOKER, City Clerk STATE OF CALIFORNIA ) COUNTY OF ORANGE ) SS CITY OF TUSTIN ) I, Pamela Stoker, City Clerk and ex-officio Clerk of the City Council of the City of Tustin, California, do hereby certify that the whole number of the members of the City Council of the City of Tustin is five; that the above and foregoing Resolution No. 09-41 was duly assed and adopted at a regular meeting of the Tustin City Council, held on the 6th day of October, 2009, by the following vote: COUNCILMEMBER AYES: COUNCILMEMBER NOES: COUNCILMEMBER ABSTAINED: COUNCILMEMBER ABSENT: PAMELA STOKER City Clerk RESOLUTION NO. 09-41 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUSTIN, CALIFORNIA, ADJUSTING WATER SERVICE RATES (OPTION 2) WHEREAS, the City Council of the City of Tustin finds and determines as follows: 1. An analysis of the Tustin Water Enterprise's water supply, storage, and distribution system improvements has been completed; and 2. The analysis revealed that major storage system improvements are required to maintain system reliability; and 3. The analysis determined that additional funding will be required in order to complete the necessary improvements; and 4. The Tustin Water Enterprise has experienced increase operational costs; and 5. A study of the Tustin Water Enterprise Rate Structure and Financing Plan has been completed; and 6. The study has determined that it has become necessary to adjust water service rates to maintain operations, meet bond covenants, and to finance the recommended capital improvements; and 7. It will be necessary to increase rates for next five years; and 8. The revised rates as set forth herewith are reasonable and are necessary to cover the costs of operations of the Tustin Water Service delivery for the next five years. NOW, THEREFORE, the City Council of the City of Tustin does hereby resolve as follows: The bi-monthly water usage tiers, rates, charges, and water demand reduction stages are hereby established as follows: WATER CONSUMPTION TIERS: Residential /Commercial Multiple Unit Tiers Units 1S Tier 0-10 2" Tier 11-20 3~ Tier 21-30 4 Tier 31-40 5 Tier 41-50 6 Tier 51-60 7 Tier 61 + Tiers Units 1 S Tier 0-8 2" Tier 9-16 3~ Tier 17-24 4 Tier 25-32 5 Tier 33-40 6 Tier 41-48 7 Tier 49 + FIXED CHARGE: Meter Size 10/7/2009 7/1 /2010 7/1 /2011 7/1 /2012 7/1 /2013 5/8" x 3/4" $24.50 $26.94 $29.64 $32.60 $35.86 1" $61.24 $67.36 $74.08 $81.50 $89.64 1 1 /2" $122.46 $134.70 $148.18 $163.00 $179.28 2" $195.92 $215.52 $237.06 $260.78 $286.86 3" $367.36 $404.08 $444.50 $488.94 $537.84 4" $612.24 $673.46 $740.82 $814.90 $896.38 6" or Lar er $1224.48 $1346.92 $1481.64 $1629.80 $1792.76 Multiple Unit $19.60 $21.56 $23.72 $26.08 $28.68 CAPITAL CHARGE: Meter Size 10/7/2009 7/1/2010 7/1/2011 7/1/2012 7/1/2013 5/8" x 3/4" $10 $10 $11 $11 $11 1" $12 $12 $13 $13 $14 11/2" $16 $16 $17 $17 $18 2" $22 $23 $23 $24 $25 3" $33 $34 $35 $36 $37 4" $53 $55 $56 $58 $60 6" or Lar er $90 $93 $95 $98 $101 Multiple Unit $8 $8 $9 $9 $9 CONSUMPTION CHARGE: Small Meter Consum ption Char a unde r 2" meter size Tiers 1 S Tier 2" Tier 3` Tier 4 Tier 5 Tier 6 Tier 7 Tier Units 0-10 11-20 21-30 31-40 41-50 51-60 61 + 10/07/2009 $0.58 $0.99 $1.28 $1.57 $1.86 $2.15 $2.44 07/01/2010 $0.64 $1.10 $1.42 $1.74 $2.07 $2.39 $2.71 07/01/2011 $0.70 $1.20 $1.55 $1.90 $2.25 $2.60 $2.96 07/01/2012 $0.76 $1.30 $1.68 $2.06 $2.44 $2.82 $3.20 07/01/2013 $0.82 $1.40 $1.81 $2.23 $2.64 $3.05 $3.46 Lar a Meter Consum ption Charge 2" meter size & reater Tiers 1 S Tier 2" Tier 3` Tier 4 Tier 5 Tier 6 Tier 7 Tier Units 0-10 11-20 21-30 31-40 41-50 51-60 61 + Hi h $0.70 $1.19 $1.55 $1.90 $2.25 $2.60 $2.95 10/07/2009 Normal $0.63 $1.09 $1.40 $1.72 $2.04 $2.36 $2.68 Low $0.58 $0.99 $1.28 $1.57 $1.86 $2.15 $2.44 Hi h $0.78 $1.33 $1.72 $2.11 $2.50 $2.89 $3.28 07/01/2010 'Normal $0.71 $1.21 $1.56 $1.92 $2.27 $2.63 $2.98 Low $0.64 $1.10 $1.42 $1.74 $2.07 $2.39 $2.71 Hi h $0.85 $1.45 $1.87 $2.30 $2.73 $3.15 $3.58 07/01/2011 Normal $0.77 $1.32 $1.70 $2.09 $2.48 $2.87 $3.25 Low $0.70 $1.20 $1.55 $1.90 $2.25 $2.60 $2.96 Hi h $0.92 $1.57 $2.03 $2.49 $2.95 $3:41 $3.87 07/01/201'2 Normal $0.83 $1.43 $1.84 $2.26 $2.68 $3.1'0 $3.52 Low $0.76 $1.30 $1.68 $2.06 $2.44 $2.82 $320 Hi h $0.99 $1.70 $2.19 $2.69 $3.19 $3.69 $4.19 07/01/2013 Normal $0.90 $1.54 $2.00 $2.45 $2.90 $3.35 $3.81 Low $0.82 $1.40 $1.81 $2.23 $2.64 $3.05 $3.46 Hi h Greater than 110% of prior ear consumption Normal 90% - 110% of prior ear consumption Low Less than 90% of prior ear consum tion PASS-THROUGH CHARGE: The pass-through charge is cost per unit charge calculated based on the difference between the projected base production cost and the actual production costs, which is divided by total annual consumption. The pass-through charge would not exceed 7% of the annual water charges. See projected production cost table and formula below: The projected base production cost used for the pass-through calculations is $5,025,979 Formula: Actual Production Cost) - (Projected Base Production Cost) Total Annual Consumption WATER DEMAND REDUCTION STAGES: Residential /Commercial STAGES 15 2" 3~ 4 5 6 7 Tier Tier Tier Tier Tier Tier Tier No Mandatory Reduction 0-10 11-20 21-30 31-40 41-50 51-60 61 + in units STAGE 1 -Water Watch 0-9 10-18 19-27 28-36 37-45 46-54 55+ Voluntary Compliance 10-20% Reduction STAGE 2 -Water Alert 0-8 9-16 17-24 25-32 33-40 41-48 49+ Mandatory Compliance 20-30% Reduction STAGE 3 -Water 0-7 8-14 15-21 22-28 29-35 36-42 43+ Warning Mandatory Compliance 30-40% Reduction STAGE 4 -Water 0-6 7-12 13-18 19-24 25-30 31-36 37+ Emergency Mandatory Compliance 40%+ Reduction Multiple Unit STAGES 1S 2" 3~ 4 5 6 7 Tier Tier Tier Tier Tier Tier Tier No Mandatory Reduction 0-8 9-16 17-24 25-32 33-40 41-48 49 + in units STAGE 1 -Water Watch 0-7 8-14 15-21 22-28 29-35 36-42 43 + Voluntary Compliance 10-20% Reduction STAGE 2 -Water Alert 0-6 7-12 13-18 19-24 25-30 31-36 37 + Mandatory Compliance 20-30% Reduction STAGE 3 -Water 0-6 7-12 13-18 19-24 25-30 31-36 37 + Warning Mandatory Compliance 30-40% Reduction STAGE 4 -Water 0-5 6-10 11-15 16-20 21-25 26-30 31 + Emergency Mandatory Compliance 40%+ Reduction PASSED AND ADOPTED at a regular meeting of the City Council of the City of Tustin, California, held on the 6th day of October, 2009. DOUG DAVERT, Mayor ATTEST: PAMELA STOKER, City Clerk STATE OF CALIFORNIA ) COUNTY OF ORANGE ) SS CITY OF TUSTIN ) I, Pamela Stoker, City Clerk and ex-officio Clerk of the City Council of the City of Tustin, California, do hereby certify that the whole number of the members of the City Council of the City of Tustin is five; that the above and foregoing Resolution No. 09-41 was duly assed and adopted at a regular meeting of the Tustin City Council, held on the 6th day of October, 2009, by the following vote: COUNCILMEMBER AYES: COUNCILMEMBER NOES: COUNCILMEMBER ABSTAINED: COUNCILMEMBER ABSENT: PAMELA STOKER City Clerk RESOLUTION NO. 09-41 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUSTIN, CALIFORNIA, ADJUSTING WATER SERVICE RATES (OPTION 3) WHEREAS, the City Council of the City of Tustin finds and determines as follows: 1. An analysis of the Tustin Water Enterprise's water supply, storage, and distribution system improvements has been completed; and 2. The analysis revealed that major storage system improvements are required to maintain system reliability; and 3. The analysis determined that additional funding will be required in order to complete the necessary improvements; and 4. The Tustin Water Enterprise has experienced increase operational costs; and 5. A study of the Tustin Water Enterprise Rate Structure and Financing Plan has been completed; and 6. The study has determined that it has become necessary to adjust water service rates to maintain operations, meet bond covenants, and to finance the recommended capital improvements; and 7. It will be necessary to increase rates for next five years; and 8. The revised rates as set forth herewith are reasonable and are necessary to cover the costs of operations of the Tustin Water Service delivery for the next five years. NOW, THEREFORE, the City Council of the City of Tustin does hereby resolve as follows: The bi-monthly water usage tiers, rates, charges, and water demand reduction stages are hereby established as follows: WATER CONSUMPTION TIERS: Residential /Commercial Tiers Units 1 S Tier 0-10 2" Tier 11-20 3~ Tier 21-30 4 Tier 31-40 5 Tier 41-50 6 Tier 51-60 7 Tier 61 + Multiple Unit Tiers Units 1 S Tier 0-8 2" Tier 9-16 3~ Tier 17-24 4 Tier 25-32 5 Tier 33-40 6 Tier 41-48 7 Tier 49 + FIXED CHARGE: Meter Size 10/7/2009 7/1/2010 7/1/2011 7/1/2012 7/1/2013 5/8" x 3/4" $24.50 $26.94 $29.64 $32.60 $35.86 1" $61.24 $67.36 $74.08 $81.50 $89.64 11/2" $122.46 $134.70 $148.18 $163.00 $179.28 2" $195.92 $215.52 $237.06 $260.78 $286.86 3" $367.36 $404.08 $444.50 $488.94 $537.84 4" $612.24 $673.46 $740.82 $814.90 $896.38 6" or Lar er $1224.48 $1346.92 $1481.64 $1629.80 $1792.76 Multiple Unit $19.60 $21.56 $23.72 $26.08 $28.68 CAPITAL CHARGE: Meter Size 10/7/2009 7/1/2010 7/1/2011 7/1/2012 7/1/2013 5/8" x 3/4" $10 $10 $11 $11 $11 1" $12 $12 $13 $13 $14 11/2" $16 $16 $17 $17 $18 2" $22 $23 $23 $24 $25 3" $33 $34 $35 $36 $37 4" $53 $55 $56 $58 $60 6" or Lar er $90 $93 $95 $98 $101 Multiple Unit $8 $8 $9 $9 $9 CONSUMPTION CHARGE: Small Meter Consum ption Char a unde r 2" meter size Tiers 1S Tier 2" Tier 3~ Tier 4 Tier 5 Tier 6 Tier 7 Tier Units 0-10 11-20 21-30 31-40 41-50 51-60 61 + 10/07/2009 $0.56 $0.89 $1.12 $1.37 $1.72 $2.04 $2.36 07/01 /2010 $0.64 $1.02 $1.29 $1.57 $1.98 $2.34 $2.71 07/01/2011 $0.64 $1.02 $1.29 $1.57 $2.06 $2.43 $2.81 07/01/2012 $0.64 $1.02 $1.29 $1.57 $2.14 $2.52 $2.92 07/01/2013 $0.69 $1.10 $1.39 $1.70 $2.31 $2.73 $3.16 Lar a Mete r Consum ption Charge (2" meter size & reater Tiers 1 S Tier 2" Tier 3~ Tier 4 Tier 5 Tier 6 Tier 7 Tier Units 0-10 11-20 21-30 31-40 41-50 51-60 61 + Hi h $0.68 $1.08 $1.35 $1.66 $2.08 $2.47 $2.85 10/07/2009 Normal $0.61 $0.98 $1.23 $1.51 $1.89 $2.24 $2.59 Low $0.56 $0.89 $1.12 $1.37 $1.72 $2.04 $2.36 Hi h $0.78 $1.24 $1.56 $1.90 $2.39- $2.84 $3.28 07/01/2010 .Normal $0.71 $1.12 $1.42 $1.73 $2.17 $2.58 $2.98 Low $0.64 $1.02 $1.29 $1.57 $1.98 $2.34 $2.71 Hi h $0.78 $1.24 $1.56 $1.90 $2.49 $2.95 $3.40 07/01/2011 Normal $0.71 $1.12 $1.42 $1.73 $2.26 $2.68 $3.09 Low $0.64 $1.02 $1.29 $1.57 $2.06 $2.43 $2.81 Hi fi $0.78 $1.24 $1.56 $1.90 $2.59 , $3.05 $3.54 07/01/2012 Normal $0.71 $1.12 $1.42 $1.73 '$2.35 $2.78 $3.21 Low $0.64 $1.02 $1.29 $1.57 $2.14 $2.'52 $2.92 Hi h $0.84 $1.34 $1.68 $2.06 $2.79 $3.30 $3.82 07/01/2013 Normal $0.76 $1.21 $1.53 $1.87 $2.54 $3.00 $3.47 Low $0.69 $1.10 $1.39 $1.70 $2.31 $2.73 $3.16 Hi h Greater than 110% of prior year consumption Normal 90% - 110% of prior ear consumption Low Less than 90% of prior ear consumption PASS-THROUGH CHARGE: The pass-through charge is cost per unit charge calculated based on the difference between the projected base production cost and the actual production costs, which is divided by total annual consumption. The pass-through charge would not exceed 7% of the annual water charges. See projected production cost table and formula below: The projected base production cost used for the pass-through calculations is $5,025,979 Formula: (Actual Production Cost) - (Projected Base Production Cost) Total Annual Consumption WATER DEMAND REDUCTION STAGES: Residential /Commercial STAGES 15 2" 3` 4 5 6 7 Tier Tier Tier Tier Tier Tier Tier No Mandatory Reduction 0-10 11-20 21-30 31-40 41-50 51-60 61 + in units STAGE 1 -Water Watch 0-9 10-18 19-27 28-36 37-45 46-54 55+ Voluntary Compliance 10-20% Reduction STAGE 2 -Water Alert 0-8 9-16 17-24 25-32 33-40 41-48 49+ Mandatory Compliance 20-30% Reduction STAGE 3 -Water 0-7 8-14 15-21 22-28 29-35 36-42 43+ Warning Mandatory Compliance 30-40% Reduction STAGE 4 -Water 0-6 7-12 13-18 19-24 25-30 31-36 37+ Emergency Mandatory Compliance 40%+ Reduction Multiple Unit STAGES 15 2" 3` 4 5 6 7 Tier Tier Tier Tier Tier Tier Tier No Mandatory Reduction 0-8 9-16 17-24 25-32 33-40 41-48 49 + in units STAGE 1 -Water Watch 0-7 8-14 15-21 22-28 29-35 36-42 43 + Voluntary Compliance 10-20% Reduction STAGE 2 -Water Alert 0-6 7-12 13-18 19-24 25-30 31-36 37 + Mandatory Compliance 20-30% Reduction STAGE 3 -Water 0-6 7-12 13-18 19-24 25-30 31-36 37 + Warning Mandatory Compliance 30-40% Reduction STAGE 4 -Water 0-5 6-10 11-15 16-20 21-25 26-30 31 + Emergency Mandatory Compliance 40%+ Reduction PASSED AND ADOPTED at a regular meeting of the City Council of the City of Tustin, California, held on the 6th day of October, 2009. DOUG DAVERT, Mayor ATTEST: PAMELA STOKER, City Clerk STATE OF CALIFORNIA ) COUNTY OF ORANGE ) SS CITY OF TUSTIN ) I, Pamela Stoker, City Clerk and ex-officio Clerk of the City Council of the City of Tustin, California, do hereby certify that the whole number of the members of the City Council of the City of Tustin is five; that the above and foregoing Resolution No. 09-41 was duly assed and adopted at a regular meeting of the Tustin City Council, held on the 6t" day of October, 2009, by the following vote: COUNCILMEMBER AYES: COUNCILMEMBER NOES: COUNCILMEMBER ABSTAINED: COUNCILMEMBER ABSENT: PAMELA STOKER City Clerk RESOLUTION NO. 09-41 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUSTIN, CALIFORNIA, ADJUSTING WATER SERVICE RATES (OPTION 4) WHEREAS, the City Council of the City of Tustin finds and determines as follows: 1. An analysis of the Tustin Water Enterprise's water supply, storage, and distribution system improvements has been completed; and 2. The analysis revealed that major storage system improvements are required to maintain system reliability; and 3. The analysis determined that additional funding will be required in order to complete the necessary improvements; and 4. The Tustin Water Enterprise has experienced increase operational costs; and 5. A study of the Tustin Water Enterprise Rate Structure and Financing Plan has been completed; and 6. The study has determined that it has become necessary to adjust water service rates to maintain operations, meet bond covenants, and to finance the recommended capital improvements; and 7. It will be necessary to increase rates for next five years; and 8. The revised rates as set forth herewith are reasonable and are necessary to cover the costs of operations of the Tustin Water Service delivery for the next five years. NOW, THEREFORE, the City Council of the City of Tustin does hereby resolve as follows: The bi-monthly water usage tiers, rates, charges, and water demand reduction stages are hereby established as follows: WATER CONSUMPTION TIERS: Residential /Commercial Tiers Units 1 S Tier 0-10 2" Tier 11-20 3~ Tier 21-30 4 Tier 31-40 5 Tier 41-50 6 Tier 51-60 7 Tier 61 + Multiple Unit Tiers Units 1 S Tier 0-8 2" Tier 9-16 3~ Tier 17-24 4 Tier 25-32 5 Tier 33-40 6 Tier 41-48 7 Tier 49 + FIXED CHARGE: Meter Size 10/7/2009 7/1/2010 7/1/2011 7/1/2012 7/1/2013 5/8" x 3/4" $24.50 $26.94 $29.64 $32.60 $35.86 1" $61.24 $67.36 $74.08 $81.50 $89.64 11/2" $122.46 $134.70 $148.18 $163.00 $179.28 2" $195.92 $215.52 $237.06 $260.78 $286.86 3" $367.36 $404.08 $444.50 $488.94 $537.84 4" $612.24 $673.46 $740.82 $814.90 $896.38 6" or Lar er $1224.48 $1346.92 $1481.64 $1629.80 $1792.76 Multiple Unit $19.60 $21.56 $23.72 $26.08 $28.68 CAPITAL CHARGE: Meter Size 10/7/2009 7/1/2010 7/1/2011 7/1/2012 7/1/2013 5/8" x 3/4" $10 $10 $11 $11 $11 1" $12 $12 $13 $13 $14 11/2" $16 $16 $17 $17 $18 2" $22 $23 $23 $24 $25 3" $33 $34 $35 $36 $37 4" $53 $55 $56 $58 $60 6" or Lar er $90 $93 $95 $98 $101 Multiple Unit $8 $8 $9 $9 $9 CONSUMPTION CHARGE: Small Meter Consum ption Char a (under 2" meter size Tiers 1S Tier 2" Tier 3` Tier 4 Tier 5 Tier 6 Tier 7 Tier Units 0-10 11-20 21-30 31-40 41-50 51-60 61 + 10/07/2009 $0.56 $0.91 $1.15 $1.39 $1.74 $2.04 $2.34 07/01/2010 $0.56 $0.91 $1.15 $1.39 $1.81 $2.12 $2.43 07/01/2011 $0.64 $1.03 $1.30 $1.57 $2.10 $2.42 $2.77 07/01 /2012 $0.64 $1.03 $1.30 $1.57 $2.19 $2.52 $2.89 07/01/2013 $0.64 $1.03 $1.30 $1.57 $2.28 $2.63 $3.02 Lar a Mete r Consum ption Char a 2" meter size & reater Tiers 1 S Tier 2" Tier 3` Tier 4 Tier 5 Tier 6 Tier 7 Tier Units 0-10 11-20 21-30 31-40 41-50 51-60 61 + Hi h $0.68 $1.11 $1.40 $1.69 $2.11 $2.47 $2.84 10/07/2009 Normal $0.62 $1.00 $1.27 $1.53 $1.92 $2.25 $2.58 Low $0.56 $0.91 $1.15 $1.39 $1.74 $2.04 $2.34 Hi h :$0.68. $1.,.11 $1..40 . ...$1.69 $2.19 $2.57 $2.94 0.7/01/2010 Normal $0.62 $1.00 $1.27 $1.53 $1.99 $2.34 $2.68 Low $0.56 $0.91 $1.15 $1.39 $1.81 $2.12 $2.43 Hi h $0.77 $1.25 $1.58 $1.91 $2.54 $2.93 $3.35 07/01/2011 Normal $0.70 $1.14 $1.43 $1.73 $2.31 $2.66 $3.05 Low $0.64 $1.03 $1.30 $1.57 $2.10 $2.42 $2.77 Hi h $0.77 $1.25 $1.58 $1.91 $2.65 $3.05 $3.50 07/01/2012 Normal $'0.70 $1.14 $1..43 $1.73 $2.41 $2.77 $3.18 Low $0.64 $1.03 $1.30 $1.57 $2.19 $2.52 $2.89 Hi h $0.77 $1.25 $1.58 $1.91 $2.76 $3.18 $3.65 07/01/2013 Normal $0.70 $1.14 $1.43 $1.73 $2.51 $2.89 $3.32 Low $0.64 $1.03 $1.30 $1.57 $2.28 $2.63 $3.02 Hi h Greater than 110% of prior ear consumption Normal 90% - 110% of prior ear consumption Low Less than 90% of prior ear consumption PASS-THROUGH CHARGE: The pass-through charge is cost per unit charge calculated based on the difference between the projected base production cost and the actual production costs, which is divided by total annual consumption. The pass-through charge would not exceed 7% of the annual water charges. See projected production cost table and formula below: The projected base production cost used for the pass-through calculations is $5,025,979 Formula: (Actual Production Cost) - (Projected Base Production Cost) Total Annual Consumption WATER DEMAND REDUCTION STAGES: Residential /Commercial STAGES 15 2" 3~ 4 5 6 7 Tier Tier Tier Tier Tier Tier Tier No Mandatory Reduction 0-10 11-20 21-30 31-40 41-50 51-60 61 + in units STAGE 1 -Water Watch 0-9 10-18 19-27 28-36 37-45 46-54 55+ Voluntary Compliance 10-20% Reduction STAGE 2 -Water Alert 0-8 9-16 17-24 25-32 33-40 41-48 49+ Mandatory Compliance 20-30% Reduction STAGE 3 -Water 0-7 8-14 15-21 22-28 29-35 36-42 43+ Warning Mandatory Compliance 30-40% Reduction STAGE 4 -Water 0-6 7-12 13-18 19-24 25-30 31-36 37+ Emergency Mandatory Compliance 40%+ Reduction Multiple Unit STAGES 15 2" 3~ 4 5 6 7 Tier Tier Tier Tier Tier Tier Tier No Mandatory Reduction 0-8 9-16 17-24 25-32 33-40 41-48 49 + in units STAGE 1 -Water Watch 0-7 8-14 15-21 22-28 29-35 36-42 43 + Voluntary Compliance 10-20% Reduction STAGE 2 -Water Alert 0-6 7-12 13-18 19-24 25-30 31-36 37 + Mandatory Compliance 20-30% Reduction STAGE 3 -Water 0-6 7-12 13-18 19-24 25-30 31-36 37 + Warning Mandatory Compliance 30-40% Reduction STAGE 4 -Water 0-5 6-10 11-15 16-20 21-25 26-30 31 + Emergency Mandatory Compliance 40%+ Reduction PASSED AND ADOPTED at a regular meeting of the City Council of the City of Tustin, California, held on the 6th day of October, 2009. DOUG DAVERT, Mayor ATTEST: PAMELA STOKER, City Clerk STATE OF CALIFORNIA ) COUNTY OF ORANGE ) SS CITY OF TUSTIN ) I, Pamela Stoker, City Clerk and ex-officio Clerk of the City Council of the City of Tustin, California, do hereby certify that the whole number of the members of the City Council of the City of Tustin is five; that the above and foregoing Resolution No. 09-41 was duly assed and adopted at a regular meeting of the Tustin City Council, held on the 6th day of October, 2009, by the following vote: COUNCILMEMBER AYES: COUNCILMEMBER NOES: COUNCILMEMBER ABSTAINED: COUNCILMEMBER ABSENT: PAMELA STOKER City Clerk RESOLUTION NO. 09-41 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUSTIN, CALIFORNIA, ADJUSTING WATER SERVICE RATES (OPTION 5) WHEREAS, the City Council of the City of Tustin finds and determines as follows: 1. An analysis of the Tustin Water Enterprise's water supply, storage, and distribution system improvements has been completed; and 2. The analysis revealed that major storage system improvements are required to maintain system reliability; and 3. The analysis determined that additional funding will be required in order to complete the necessary improvements; and 4. The Tustin Water Enterprise has experienced increase operational costs; and 5. A study of the Tustin Water Enterprise Rate Structure and Financing Plan has been completed; and 6. The study has determined that it has become necessary to adjust water service rates to maintain operations, meet bond covenants, and to finance the recommended capital improvements; and 7. It will be necessary to increase rates for next five years; and 8. The revised rates as set forth herewith are reasonable and are necessary to cover the costs of operations of the Tustin Water Service delivery for the next five years. NOW, THEREFORE, the City Council of the City of Tustin does hereby resolve as follows: The bi-monthly water usage tiers, rates, charges, and water demand reduction stages are hereby established as follows: WATER CONSUMPTION TIERS: Residential /Commercial Multiple Unit Tiers Units 1 S Tier 0-10 2" Tier 11-20 3` Tier 21-30 4 Tier 31-40 5 Tier 41-50 6 Tier 51-60 7 Tier 61 + FIXED CHARGE: Tiers Units 1 S Tier 0-8 2" Tier 9-16 3` Tier 17-24 4 Tier 25-32 5 Tier 33-40 6 Tier 41-48 7 Tier 49 + Meter Size 10/7/2009 7/1/2010 7/1/2011 5/8" x 3/4" $24.50 $26.94 $29.64 1 " $61.24 $67.36 $74.08 1 1 /2" $122.46 $134.70 $148.18 2" $195.92 $215.52 $237.06 3" $367.36 $404.08 $444.50 4" $612.24 $673.46 $740.82 6" or Lar er $1224.48 $1346.92 $1481.64 Multiple Unit $19.60 $21.56 $23.72 CAPITAL CHARGE: Meter Size 10/7/2009 7/1/2010 7/1/2011 5/8" x 3/4" $10 $10 $11 1" $12 $12 $13 11/2" $16 $16 $17 2" $22 $23 $23 3" $33 $34 $35 4" $53 $55 $56 6" or Lar er $90 $93 $95 Multiple Unit $8 $8 $9 CONSUMPTION CHARGE: Small Meter Consum ption Char a unde r 2" meter size Tiers 1 S Tier 2" Tier 3` Tier 4 Tier 5 Tier 6 Tier 7 Tier Units 0-10 11-20 21-30 31-40 41-50 51-60 61 + 10/07/2009 $0.56 $0.89 $1.12 $1.37 $1.72 $2.04 $2.36 07/01 /2010 $0.64 $1.02 $1.29 $1.57 $1.98 $2.34 $2.71 07/01/2011 $0.64 $1.02 $1.29 $1.57 $2.06 $2.43 $2.81 Lar a Mete r Consum ption Char a 2" meter size & reater Tiers 1 S Tier 2" Tier 3` Tier 4 Tier 5 Tier 6 Tier 7 Tier Units 0-10 11-20 21-30 31-40 41-50 51-60 61 + Hi h $0.68 $1.08 $1.35 $1.66 $2.08 $2.47 $2.85 10/07/2009 Normal $0.61 $0.98 $1.23 $1.51 $1.89 $2.24 $2.59 Low $0.56 $0.89 $1.12 $1.37 $1.72 $2.04 $2.36 Hi 'h ` $0.78 $1.24 $1.56 $1.90 $2.39 $2.84 $3.28 07/01/201:0 Normal $0.71 $1.12 $1.42 $1.73 $2.17 $2.58 $2.98 Low $0.64 $1.02 $1.29 $1.57 $1.98 $2.34 $2.71 Hi h $0.78 $1.24 $1.56 $1.90 $2.49 $2.95 $3.40 07/01/2011 Normal $0.71 $1.12 $1.42 $1.73 $2.26 $2.68 $3.09 Low $0.64 $1.02 $1.29 $1.57 $2.06 $2.43 $2.81 Hi h Greater than 110% of prior ear consumption Normal 90% - 110% of rior ear consum tion Low Less than 90% of prior ear consumption PASS-THROUGH CHARGE: The pass-through charge is cost per unit charge calculated based on the difference between the projected base production cost and the actual production costs, which is divided by total annual consumption. The pass-through charge would not exceed 7% of the annual water charges. See projected production cost table and formula below: The projected base production cost used for the pass-through calculations is $5,025,979 Formula: (Actual Production Cost) - (Protected Base Production Cost) Total Annual Consumption WATER DEMAND REDUCTION STAGES: Residential /Commercial STAGES 15 2" 3~ 4 5 6 7 Tier Tier Tier Tier Tier Tier Tier No Mandatory Reduction 0-10 11-20 21-30 31-40 41-50 51-60 61 + in units STAGE 1 -Water Watch 0-9 10-18 19-27 28-36 37-45 46-54 55+ Voluntary Compliance 10-20% Reduction STAGE 2 -Water Alert 0-8 9-16 17-24 25-32 33-40 41-48 49+ Mandatory Compliance 20-30% Reduction STAGE 3 -Water 0-7 8-14 15-21 22-28 29-35 36-42 43+ Warning Mandatory Compliance 30-40% Reduction STAGE 4 -Water 0-6 7-12 13-18 19-24 25-30 31-36 37+ Emergency Mandatory Compliance 40%+ Reduction Multiple Unit STAGES 1S 2" 3~ 4 5 6 7 Tier Tier Tier Tier Tier Tier Tier No Mandatory Reduction 0-8 9-16 17-24 25-32 33-40 41-48 49 + in units STAGE 1 -Water Watch 0-7 8-14 15-21 22-28 29-35 36-42 43 + Voluntary Compliance 10-20% Reduction STAGE 2 -Water Alert 0-6 7-12 13-18 19-24 25-30 31-36 37 + Mandatory Compliance 20-30% Reduction STAGE 3 -Water 0-6 7-12 13-18 19-24 25-30 31-36 37 + Warning Mandatory Compliance 30-40% Reduction STAGE 4 -Water 0-5 6-10 11-15 16-20 21-25 26-30 31 + Emergency Mandatory Compliance 40%+ Reduction PASSED AND ADOPTED at a regular meeting of the City Council of the City of Tustin, California, held on the 6th day of October, 2009. DOUG DAVERT, Mayor ATTEST: PAMELA STOKER, City Clerk STATE OF CALIFORNIA ) COUNTY OF ORANGE ) SS CITY OF TUSTIN ) I, Pamela Stoker, City Clerk and ex-officio Clerk of the City Council of the City of Tustin, California, do hereby certify that the whole number of the members of the City Council of the City of Tustin is five; that the above and foregoing Resolution No. 09-41 was duly assed and adopted at a regular meeting of the Tustin City Council, held on the 6th day of October, 2009, by the following vote: COUNCILMEMBER AYES: COUNCILMEMBER NOES: COUNCILMEMBER ABSTAINED: COUNCILMEMBER ABSENT: PAMELA STOKER City Clerk RESOLUTION NO. 09-41 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUSTIN, CALIFORNIA, ADJUSTING WATER SERVICE RATES (OPTION 6) WHEREAS, the City Council of the City of Tustin finds and determines as follows: 1. An analysis of the Tustin Water Enterprise's water supply, storage, and distribution system improvements has been completed; and 2. The analysis revealed that major storage system improvements are required to maintain system reliability; and 3. The analysis determined that additional funding will be required in order to complete the necessary improvements; and 4. The Tustin Water Enterprise has experienced increase operational costs; and 5. A study of the Tustin Water Enterprise Rate Structure and Financing Plan has been completed; and 6. The study has determined that it has become necessary to adjust water service rates to maintain operations, meet bond covenants, and to finance the recommended capital improvements; and 7. It will be necessary to increase rates for next five years; and 8. The revised rates as set forth herewith are reasonable and are necessary to cover the costs of operations of the Tustin Water Service delivery for the next five years. NOW, THEREFORE, the City Council of the City of Tustin does hereby resolve as follows: The bi-monthly water usage tiers, rates, charges, and water demand reduction stages are hereby established as follows: WATER CONSUMPTION TIERS: Residential /Commercial Multi le Unit Tiers Units 1 S Tier 0-10 2" Tier 11-20 3~ Tier 21-30 4 Tier 31-40 5 Tier 41-50 6 Tier 51-60 7 Tier 61 + FIXED CHARGE: Meter Size 10/7/2009 5/8" x 3/4" $24.50 1 " $61.24 1 1 /2" $122.46 2" $195.92 3" $367.36 4" $612.24 6" or Lar er $1224.48 Multiple Unit $19.60 CAPITAL CHARGE: Meter Size 10/7/2009 5/8" x 3/4" $10 1" $12 1 1 /2" $16 2" $22 3" $33 4" $53 6" or Lar er $90 Multiple Unit $8 Tiers Units 1S Tier 0-8 2" Tier 9-16 3~ Tier 17-24 4 Tier 25-32 5 Tier 33-40 6 Tier 41-48 7 Tier 49 + CONSUMPTION CHARGE: Small Meter Consum ption Char a under 2" meter size Tiers 1S Tier 2" Tier 3~ Tier 4 Tier 5 Tier 6 Tier 7 Tier Units 0-10 11-20 21-30 31-40 41-50 51-60 61 + 10/07/2009 $0.57 $0.95 $1.21 $1.49 $1.89 $2.21 $2.53 Lar a Mete r Consum ption Char a 2" meter size & reater Tiers 1S Tier 2" Tier 3~ Tier 4 Tier 5 Tier 6 Tier 7 Tier Units 0-10 11-20 21-30 31-40 41-50 51-60 61 + Hi h $0.69 $1.15 $1.46 $1.80 $2.29 $2.67 $3.06 10/07/2009 Normal $0.63 $1.04 $1.33 $1.64 $2.08 $2.43 $2.78 Low $0.57 $0.95 $1.21 $1.49 $1.89 $2.21 $2.53 Hi h Greater than 110% of prior ear consumption Normal 90% - 110% of prior ear consum tion Low Less than 90% of prior year consumption PASS-THROUGH CHARGE: The pass-through charge is cost per unit charge calculated based on the difference between the projected base production cost and the actual production costs, which is divided by total annual consumption. The pass-through charge would not exceed 7% of the annual water charges. See projected production cost table and formula below: The projected base production cost used for the pass-through calculations is $5,025,979 Formula: Aci:ual Production Cost) - (Projected Base Production Cost) Total Annual Consumption WATER DEMAND REDUCTION STAGES: Residential /Commercial STAGES 1S 2" 3~ 4 5 6 7 Tier Tier Tier Tier Tier Tier Tier No Mandatory Reduction 0-10 11-20 21-30 31-40 41-50 51-60 61 + in units STAGE 1 -Water Watch 0-9 10-18 19-27 28-36 37-45 46-54 55+ Voluntary Compliance 10-20% Reduction STAGE 2 -Water Alert 0-8 9-16 17-24 25-32 33-40 41-48 49+ Mandatory Compliance 20-30% Reduction STAGE 3 -Water 0-7 8-14 15-21 22-28 29-35 36-42 43+ Warning Mandatory Compliance 30-40% Reduction STAGE 4 -Water 0-6 7-12 13-18 19-24 25-30 31-36 37+ Emergency Mandatory Compliance 40%+ Reduction Multiple Unit STAGES 1S 2" 3~ 4 5 6 7 Tier Tier Tier Tier Tier Tier Tier No Mandatory Reduction 0-8 9-16 17-24 25-32 33-40 41-48 49 + in units STAGE 1 -Water Watch 0-7 8-14 15-21 22-28 29-35 36-42 43 + Voluntary Compliance 10-20% Reduction STAGE 2 -Water Alert 0-6 7-12 13-18 19-24 25-30 31-36 37 + Mandatory Compliance 20-30% Reduction STAGE 3 -Water 0-6 7-12 13-18 19-24 25-30 31-36 37 + Warning Mandatory Compliance 30-40% Reduction STAGE 4 -Water 0-5 6-10 11-15 16-20 21-25 26-30 31 + Emergency Mandatory Compliance 40%+ Reduction PASSED AND ADOPTED at a regular meeting of the City Council of the City of Tustin, California, held on the 6th day of October, 2009. DOUG DAVERT, Mayor ATTEST: PAMELA STOKER, City Clerk STATE OF CALIFORNIA ) COUNTY OF ORANGE ) SS CITY OF TUSTIN ) I, Pamela Stoker, City Clerk and ex-officio Clerk of the City Council of the City of Tustin, California, do hereby certify that the whole number of the members of the City Council of the City of Tustin is five; that the above and foregoing Resolution No. 09-41 was duly assed and adopted at a regular meeting of the Tustin City Council, held on the 6th day of October, 2009, by the following vote: COUNCILMEMBER AYES: COUNCILMEMBER NOES: COUNCILMEMBER ABSTAINED: COUNCILMEMBER ABSENT: PAMELA STOKER City Clerk