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HomeMy WebLinkAbout9 Adoption Annual Water and Electric Standby Charges Agenda Item # 9 TRUCKEE DONNER b+ �k Public Utility DistrIct CONSENT To: Board of Directors From: Kathleen Neus Date: May 04, 2011 Subject: Consideration of Scheduling a Public Hearing Related to Adoption of the Annual Water and Electric Standby Charges 1. WHY THIS MATTER IS BEFORE THE BOARD This matter involves scheduling a public hearing related to adoption of water and electric standby charges for the 2011-2012 tax year. This requires Board action. 2. HISTORY The purpose of the standby charge is to collect revenues annually to help pay operating and maintenance expenses. The reason for these charges is that vacant lots benefit by being in close proximity to water and electric lines, and should, therefore, contribute to maintenance of those lines. Standby rates have not been changed in many years, and there are no proposed changes at this time. 3. NEW INFORMATION This item relates to holding a public hearing to consider renewing the existing water and electric standby charges on vacant parcels in the District. Public notice of the hearing requires publication once a week for two successive weeks with two publications in a newspaper publicized once a week or more frequently, with at least five days intervening between the respective publication dates. The first notice will be published on May 18th, and the second notice will be published one week prior to the hearing on May 25th. 4. FISCAL IMPACT The estimated revenue for this action is: Nevada County Standby Charges for 2011-2012 Water $167,920 Electric $ 27,600 Total Parcels: 2,519 Placer County Standby Charges for 2011-2012 Water $4,960 Electric $ 540 Total Parcels: 95 5. RECOMMENDATION Schedule a public hearing on June 1, 2011 at 6:00 PM for the u p rpose of receiving input on the adoption of annual water and electric standby charges. Michael D. Holley General Manager