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CITY OF SEWARD, ALASKA <br /> RESOLUTION 2009 -117 <br /> WHEREAS, annual rate adjustments will assist in demonstrating the City's commitment <br /> to maintaining a financially sound utility, and will serve to mitigate potential `rate shock' <br /> associated with infrequent rate hikes. <br /> NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE <br /> CITY OF SEWARD, ALASKA that: <br /> Section 1. The Water Tariff is hereby amended to establish a new initial paragraph <br /> prior to "Group A- Residential" on Page 3 -1, to read as follows: <br /> Annual Adjustment: The rates and fees herein provided are adjusted annually <br /> beginning the first billing of each calendar year to reflect the average of the five <br /> previous published years' annual increases in the Consumer Price Index, All Items, <br /> 1982 -84 =100 for all Urban Consumers, Anchorage, Alaska Area ("CPI") as published <br /> by the United States Department of Labor, Bureau of Labor Statistics. (For example, <br /> 2010 rates reflect an increase based on the average CPI for 2003- 2007). <br /> Section 2. All previous Resolutions in conflict herewith are hereby repealed effective <br /> December 31, 2009. <br /> Section 3. The rates, fees, and charges incorporated herein by reference and attached <br /> hereto as "Water Rates and Charges — 2010" are effective January 1, 2010, and as "Water Rates <br /> and Charges — 2011" are effective January 1, 2011, and are hereby ADOPTED. <br /> Section 4. This resolution shall take effect ten days following approval. <br /> PASSED AND APPROVED by the City Council of the City of Seward, Alaska, this <br /> 10 day of November, 2009. <br /> THE CITY OF SEWARD, ALASKA <br /> illard E. Dunham, Mayor <br /> AYES: Valdatta, Bardarson, Smith, Keil, Shafer, Amberg, Dunham <br /> NOES: None <br /> ABSENT: None <br /> ABSTAIN: None <br />