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 that the Board approve the resolutions establishing the draft rate structure and authorizing the Manager to execute the interlocal agreement. It is recommended that the resolution authorizing the interlocal agreement be contingent on approval of the resolution establishing a rate structure.