11-25-13 Common Council Meeting Minutes

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REGULAR MEETING NOVEMBER 25, 2013 we talking about here, undoubtedly it won't be just one? Next, what is the percentage of sewer rate payers that live outside the city but do not put out any storm water into those sewers? Next, what are the general areas of basement flooding and based upon the money that we have already paid to begin this project what percentage of those basements that have flooded in the past before 2011, what is the decline in the percentage of houses that have flooding in their basements? Also we are talking about 60—70 overflow events per year hopefully that number has declined over the last few years, what is the percentage decline in that problem. And that's enough for now, thank you very much. Chairperson White: Now we will go back to the administration for rebuttal. I have listed a number of questions that were posed so I don't know at this time if the administration would want to come back for a five minute rebuttal in terms of the questions that were asked. Some of which could, some of the funds that have been allocated for the two-way street could some of these be used to address the issue that is before us? The interest rates from 2014 until 2017 are 9% somehow the numbers did not add up to that? The rates are different than were presented on the screen versus what was mailed. Is $45 or$47 dollars a standard rate? Use of Greentech and other alternative means and 2007 net present dollars as we look 20 years out, what is the bond type and rate? There are a number of questions, and I don't know at this point if the administration would like to come back for a five (5) minute rebuttal and there are four(4) additional questions as well. Eric Horvath: I have some answers and I there are some that I can get you answers for. The rates, I guess maybe if you want to start asking them one at a time. Chairperson White: I don't know if the Clerk's Office was able to the garner some of these questions as well? The first question was could some of the funds that have been allocated for the two-way streets could they be used for this project? Eric Horvath: Probably legally I'm guessing that they could. The idea is to take care of long term control plan with sewer rates and so our proposal is that we would use sewer rates and put the burden on the rate payers for the increase fees. Chairperson White: The second question was the 9% if you were to go back screen, looking at $3.64; $3.96; Councilmember Oliver Davis: I don't think that they heard your first answer. The microphone maybe a little (inaudible) Eric Horvath: I think; I don't know that there is any legal reason not, we could address that with the Council, yes. Councilmember Dr. Fred Ferlic: I think the answer is that there is about $4.5 million dollars for two-way streets the rest of it goes to Memorial etc. $600 million dollars, $4.5 million dollars, even if you took away the two-way streets it's not going to make much difference. So it's probably not a real important aspect. Chairperson White: I am going to ask that the conversation stay at the Council level. There are a number of questions; again I want the administration to have their 5 minute rebuttal. I would recommend that the questions will be typed up and given to the administration, and that this questions and the answers could be posted, but for the residents that are here at this time, you do have five (5) minutes. And you can choose what questions you would like to respond to. Eric Horvath: The average on just this slide(referring to the power point) for a point of clarification, she's right, those four(4) years would not average out to $3.44 per month per year. That's the average over through 2029 so that when we gave you guys that rate sheet that should all the years through 2029 you take the average per year that's $3.44 per year. That's what I was trying to show with that bullet. Rates in the bill, there is a component that goes up on the meter and a component that goes up on the use and the component on the meter went up $1.32; the component on the use went up $2.32, so the combined was $3.64 so it does match what was given to them and sent to them in the mail. So those rates do match, it's just that you've got to figure out how to calculate it based on, what we are talking about, and those rates based on an average user which would be 600 eel Access to sewer insurance is something we can take a 13