Establishing a new schedule of rates and charges for services rendered

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209 N. MAIN STREET SUITE 2O7 SOUTH BEND, INDIANA 46601-1200 PxoNE219/235-9322 FAX 219/235-9728 TDD 219/235-5567 CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR SOUTH BEND WATER WORKS ,JOHN F. STANCATI DIRECTOR July 17, 2001 Ms. Charlotte Pfeifer, President South Bend Common Council 4t1i Floor, County-City Building South Bend, Indiana 46601 Dear Ms. Pfeifer: The enclosed Ordinance requests that the Common Council approve a rate increase which amounts to less than five cents a day, or $1.50 a month, for the average customer. Water is at the forefront these days, not only in Washington D.C., but Wall Street as well. Barrons, a financial weekly magazine, dedicated the March 5, 2001, front cover and athree-page story to water entitled "Precious Liquid". The article states, "With bottled H2O nearly as expensive as gasoline, and water in general growing more dear, some smart firms are buying up supplies all around the world. An investment idea that can't miss." We are sitting on a gold mine, and thanks to the Council, in the past eight years this utility has updated, renovated, remediated and incorporated the best technology available to deliver the highest quality and abundant quantity at one of the lowest water rates in the state. This increase also supports a bond for the following needed improvements: • renovate the Olive Street pumping station • replace old water mains, increase the size of existing mains to improve fire flow and a needed additional river crossing • Edison Filtration Plant: stand-by power, on-site generation, improve filtration media • booster stations at Hickory and at Locust Roads • upgrade Fellows booster station Sincerely, /%~ .~ -- /off hn . Stancati Water Works Director c: G. Gilot, Public Works Director S. Luecke, Mayor f11ed in Clerk's Office JUG. ~ ~ ~OOi tOALTfRJ. -e"~.~O.f3.'Il1Slstt~3.