Drafter
Clerk 04/17/2003
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AN ORDINANCE determining the monetary requirements for the disposal of sewage for the fiscal year beginning January 1, 2004, and ending December 31, 2004, setting the sewer rate for the fiscal year beginning January 1, 2004, and ending December 31, 2004, and approving the amount of the sewage treatment capacity charge for 2004; and amending Ordinance 12353, Section 2, as amended, and K.C.C. 4.90.010 and Ordinance 11398, Section 1, as amended, and K.C.C. 28.84.055.
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BE IT ORDAINED BY THE COUNCIL OF KING COUNTY:
SECTION 1. Ordinance 12353, Section 2, as amended, and K.C.C. 4.90.010 are each hereby amended to read as follows:
Sewer rate. Having determined the monetary requirements for the disposal of sewage, the council hereby adopts a ((2003)) 2004 sewer rate of twenty-three dollars and forty cents per residential customer equivalent per month. Once a sewer rate ordinance becomes effective, the clerk of the council is directed to deliver a copy of the ordinance to each agency having an agreement for sewage disposal with King County.
SECTION 2. Monetary requirements for the disposal of sewage for the fiscal year beginning January 1, 2004, and ending December 31, 2004. The council hereby determines the monetary requirements for the disposal of sewage as follows:
Administration, operating, maintenance repair and replace (net of other income): $63,323,751
Establishment and maintenance of necessary working capital reserves: ($1,390,826).
Requirements of revenue bond resolutions (not included in above items and net of interest income): $129,405,318.
TOTAL: $191,338,243.
SECTION 3. Ordinance 11398, Section 1, as amended, and K.C.C. 28.84.055 are each hereby amended as follows:
Metropolitan sewerage facility charge. A. The amount of the 1994 metropolitan sewage facility capacity charge adopted by K.C.C. 28.84.050.O shall be seven dollars per month per residential customer or residential customer equivalen...
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