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17-07 INTEK/INKOT Special Rate Agreement
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17-07 INTEK/INKOT Special Rate Agreement
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4/25/2017 4:44:43 PM
Creation date
2/22/2017 3:58:06 PM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
2/27/2017
Ord-Res Number
17-07
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Page 2 <br />their rate for both the PILOT and sewer separation capital plan. The rate paid by I/N Tek & Kote <br />provides the City and its residents substantial savings each year. The reason is what I/N Tek & <br />I/N Kote pay lowers the need to collect those resources from customers who do use City services <br />and contribute to the combined sewer /water overflow issues. <br />Finally, the waste water coming from I/N Tek and I/N Kote is pre- treated and is primarily <br />non - biological in nature which is a far less costly effluent for the City to treat. <br />This Agreement easily meets the conditions of the Ordinance, and provides substantial <br />revenue over the next ten (10) years from the City's largest customer. It also settles the issue <br />between I/N Tek & Kote and the City concerning the legality of Ordinance number 10461 -16 <br />passed by the Council on January 23, 2017. <br />We respectfully request the Council approve the Agreement. <br />Sine ely, <br />Thomas W. Cayia <br />President, I/N Tek & Kote <br />
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