Title
Approval of a resolution to increase water and sewer rates
Body
SUMMARY: At the June 11 Council Meeting, Council discussed an increase for water and sewer rates. They previously were advised by MTAS and the City’s Finance Director that an increase would be necessary to continue to be profitable and prevent the State of Tennessee from enforcing a higher rate increase in the future. A motion was made and passed to increase water and sewer rates by 7% for customers inside and outside of City limits. A resolution is necessary to increase the rates.
BUDGET ACCOUNT:
Recommended Action
NECESSARY COUNCIL ACTION: approve this resolution