TITLE: Title
Public Hearing on Draft Stormwater Utility Rate Structure
PURPOSE: The purpose of this item is to hold a public hearing on the draft stormwater utility rate structure, and consider adoption of the rate structure and an interlocal agreement for billing.
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DEPARTMENT: Public Works
CONTACT INFORMATION: Randy Dodd, Stormwater Utility Manager, (919) 918-7341; Bob Hornik, Town Attorney (919) 929-3905
INFORMATION: In March, 2018, the Board of Aldermen: referred a draft stormwater utility rate study and rate structure to the Stormwater Advisory Commission, and subsequently to three additional advisory boards; directed staff to pursue outreach on the draft rate structure, and an interlocal agreement for stormwater billing with Orange County; and scheduled a public hearing on the draft rate structure. The Board must receive public input before taking action on the draft rate structure. A staff memo (Attachment A) summarizing actions taken in follow up to the Board's direction is provided, along with: advisory board recommendations (Attachment B); public input received (Attachment C); a draft of an update to the Town Code with the draft rate structure (Attachment D); the rate study report (Attachment E); a resolution recommending establishment of the rate structure (Attachment F); a draft interlocal agreement for billing with Orange County (Attachment G); and a resolution authorizing the Manager to execute the Interlocal Agreement (Attachment H). It is recommended that the resolution authorizing the Interlocal Agreement be contingent on approval of Attachment F establishing a rate structure.
FISCAL & STAFF IMPACT: Establishing the rate structure is estimated to result in $805k of dedicated annual revenue for the Stormwater Utility's infrastructure, planning, community, field, and administrative services. The interlocal agreement includes a 3% of revenue collected fee for the billing service.
RECOMMENDATION:r It is recommended...
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