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Resolution 2011-042 RESOLUTION NO. 2011 - 42 A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY, FLORIDA, AS THE GOVERNING BODY OF COLLIER COUNTY AND AS EX OFFICIO THE GOVERNING BOARD OF THE COLLIER COUNTY WATER SEWER DISTRICT, AMENDING SCHEDULE SEVEN OF APPENDIX A TO SECTION FOUR OF THE COLLIER COUNTY ORDINANCE NO. 2001-73, AS AMENDED, TITLED THE COLLIER COUNTY WATER-SEWER DISTRICT UNIFORM BILLING, OPERA TING AND REGULATORY STANDARDS ORDINANCE IN ORDER TO DECREASE THE ALLOWANCE FOR FUNDS PRUDENTL Y INVESTED; AND PROVIDING FOR AN EFFECTIVE DATE OF MARCH 1, 2011, FOR SCHEDULE SEVEN. WHEREAS, On June 24, 2008, the Board adopted Resolution No. 2008-203 amending Ordinance No. 2006-27, and decreasing the water and sewer AFPI fees in Schedule Seven; and WHEREAS, Collier County has retained the Consultant t') review the existing Allowance for Funds Prudently Invested (AFPI) fees and to recommenc; appropriate changes to those rates; and WHEREAS, staff has thoroughly reviewed the Consultant's findings and recommendations and concurs with the recommended changes for water and sewer AFPI fees; and WHEREAS, the Board of County Commissioners finds that it is in the interest of health, safety and welfare of the customers of the district to accept the recommendations of the Consultant and from staff. NOW, THEREFORE BE IT RESOL VED BY THE BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY, FLORIDA, AS THE GOVERNING BODY OF COLLIER COUNTY AND AS EX OFFICIO THE GOVERNING BOARD OF THE COLLIER COUNTY WATER SEWER DISTRICT, that: The Board of County Commissioners, after advertised public hearing: Accepts the Consultant's and staff's recommendation md proclaims that the Allowance for Funds Prudently Invested fees; as set forth in the amer,ded Schedule Seven to Appendix A to Section Four of Collier County Ordinance No. 2001-73, as amended, titled the Collier County Water-Sewer District Uniform Billing, Operating and Regulatory Standards Ordinance, which is incorporated herein.; and this revised rates for Schedule Seven attached as Exhibit A will take effect at 12:01 A.M on Tuesday, March 1,2011. THIS RESOLUTION ADOPTED after motion; second and majority vote favoring adoption this J.'d.Nlday ~2011. ATTESl\\~l) c',,>') DWIGHT E.)3'R.oC~ CLERK j'-() T . ..... .~ , , \ ~ , .. ".,\,"\ ~ '. . " BOARD OF COUNTY ~~~~Is~ip~pRs;,; OF COLLIER COUN1\{~~' FM)ftlPA, AS ':~ THE GOVERNING BeDY t1F. COLLIER :: COUNTY AND AS ~ ~ ~fl~IO: THE -~ GOVERNING BOARD~~ '.JHE '.;COl.LIER " COUNTY WATER SEWSR PI5IRlCT." T~-' 'i' ....."/') ...... -', "'~"" I/J', I J...~ "'!. .. r' \ " '--1 ^ 'II. ,>, .,\,\ ~ W. 'I" illl!!" By:.~ .. _. \" [~ :<' , .. .~' dd.f,'\''', ,,~..~/ , ~.. .-. ....t.ri' I..~ ',,,.. · By: FRED W. COYLE, CHAI Approval as to form and legal Sufficiency: Jenn~~~ ~ Assistant County Attorney ~ ~ 2 PUBLIC UTILITIES DIVISION COLLIER COUNTY WATER-SEWER DISTRICT UNIFOR.'\1 BILLING, OPERATING, AND REGULA TORY STANDARDS ORDINANCE APPENDIX A - FEES, RATES AND CHARGES SCHEDULE 7 - ALLOWANCE FOR FUNDS PRUDENTLY INVESTED (AFPI) FEES Page I of 1 The revised AFPI fee schedule is proposed to become effective on March 1, 2011. AFPI Fee Schedule Per ERC - Water System Payment Calendar Year Month 2010 /11 2011 (I) 2012 2013 2014 2015 2016 January $518.80 $674.44 $741.76 5834.48 5834.48 5834.48 5834.48 February 531.77 687.41 753.35 834.48 834.48 834.48 834.48 March 544.74 625.86 764.94 834.48 834.48 834.48 834.48 April 557.71 637.45 776.53 834.48 834.48 834.48 834.48 May 570.68 649.04 788.12 834.48 834.48 834.48 834.48 June 583.65 660.63 799.71 834.48 834.48 834.48 834.48 July 596.62 672.22 811.30 834.48 834.48 834.48 834.48 August 609.59 683.81 822.89 834.48 834.48 834.48 834.48 September 622.56 695.40 834.48 834.48 834.48 834.48 834.48 October 635.53 706.99 834.48 834.48 834.48 834.48 834.48 November 648.50 718.58 834.48 834.48 834.48 834.48 834.48 December 661.47 730.17 834.48 834.48 834.48 834.48 834.48 AFPI Fee Schedule Per ERC - Wastewater System Payment Calendar Year Month 2010 111 2011 [I) 2012 2013 2014 2015 2016 January $421.60 $548.08 $577.28 $649.44 $649.44 $649.44 $649.44 February 432.14 558.62 586.30 649.44 649.44 649.44 649.44 March 442.68 487.08 595.32 649.44 649.44 649.44 649.44 April 453.22 496.10 604.34 649.44 649.44 649.44 649.44 May 463.76 505.12 613.36 649.44 649.44 649.44 649.44 June 474.30 514.14 622.38 649.44 649.44 649.44 649.44 July 484.84 523.16 631.40 649.44 649.44 649.44 649.44 August 495.38 532.18 640.42 649.44 649.44 649.44 649.44 September 505.92 541.20 649.44 649.44 649.44 649.44 649.44 October 516.46 550.22 649.44 649.44 649.44 649.44 649.44 November 527.00 559.24 649.44 649.44 649.44 649.44 649.44 December 537.54 568.26 649.44 649.44 649.44 649.44 649.44 /1) AFPI fees for January 2010 through February 2011 were established during the previous rate study performed by PRMG in 2008.