ORDINANCE #5-20-2024B

AN ORDINANCE AMENDING CHAPTER 92 WATER RATES OF THE MUNICIPAL CODE OF MT. VERNON, IOWA

BE IT ENACTED BY THE CITY COUNCIL OF THE CITY OF MT. VERNON, IOWA:
SECTION 1. AMENDMENT. Chapter 92.02 Usage Rate, is hereby amended as follows:
92.02 USAGE RATE. Beginning on July 1, 2012, each customer will pay water service charges in the amount of $45.54 per 1000 cubic feet of water attributable to the customer for the property served but in no event less than $10.00 per month (a 10% increase over the previous rate of $9.09). Beginning on July 1, 2013 and on July 1st of each succeeding year until June 30, 2024 2030, the water service charge shall increase 3% and the minimum service charge will increase 3%. In any fiscal year in which revenues are expected to exceed expenditures by 25%, the Council, by resolution, shall suspend the rate increase, in whole or in part, so long as revenues exceed operations and maintenance expenditures by 25%. Beginning August 1, 2016, the water service charge will increase 5%. This increase is in addition to the automatic 3% increase effective July 1, 2016.
SECTION 2. SAVINGS CLAUSE. If any section, provision, sentence, clause, phrase or part of this Ordinance shall be adjudged invalid or unconstitutional, such adjudication shall not affect the validity of the Ordinance as a whole or any provision, section, subsection, sentence, clause, phrase or part hereof not adjudged invalid or unconstitutional.
SECTION 3. EFFECTIVE DATE. This Ordinance shall be in full force and effect from and after its passage, approval and publication as provided by law.
Approved and adopted this 1st day of July, 2024.
______________________________
ATTEST: Thomas M. Wieseler – Mayor
_________________________________
Marsha Dewell – City Clerk
I certify that the foregoing was published as
Ordinance #5-20-2024B on the 11th day of July, 2024.
Marsha Dewell, City Clerk

Published in the MVL Sun, July 11, 2024