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HomeMy WebLinkAbout2003-05-29 Water and Sewer Advisory Committee Minutes-yn WATER & SEWER ADVISORY COMMITTEE MINUTES' May 29, 2003 2-q p fF A meeting of the Water & Sewer Advisory Committee was held at 7:40 PM on Thursday, May 29, 2003, in the Berger Room, Reading Town Hall, 16 Lowell Street, Reading, MA. In attendance were Chairman Richard Moore, Secretary Stephen Crook, Committee members Robert Salter, Steven Oston and John Wood, Selectmen Liaison Gail Wood, Finance Committee Liaison Paul Bolger, DPW Business Supervisor David Lee, and DPW Director Ted McIntire. Water/Sewer Financing Plan David Lee presented the financing plan for Fiscal Year 2004 - Fiscal Year 2013 to the Water and Sewer Advisory Committee. He highlighted the changes which had been directed by the Water and Sewer Advisory Committee at its May 21, 2003 meeting. Increases in water rates in FY04 and sewer rates in FY09 were reduced below 20%. This was accomplished by revising the use of reserve fund transfers throughout the plan. Paul Bolger, Finance Committee Liaison, asked what were the increases in water rates. It was explained that the major projects are the upgrade of the water treatment plant, the MWRA water works system buy-in cost and the water distribution system upgrades. The MWRA water works service is optional but we are proceeding under the direction of the Board of Selectmen. The Committee and Staff updated Paul on the history of the feasibility study, treatment options, and resultant estimated costs for those options. It was moved by Steven Oston, seconded by John Wood and approved by a vote 5-0 to recommend the Water and Sewer Financing Plan as presented. Water/Sewer Rates It was moved by Steven Oston, seconded by Stephen Crook and approved by a vote 5-0 to recommend the FY04 water rate at $4.25 per one hundred cubic feet with a minimum bill of $8.50, effective with the September 10, 2003 billing. It was moved by Steven Oston, seconded by Stephen Crook and approved by a vote 5-0 to recommend the FY04 sewer rate at $5.28 per one hundred cubic feet with a minimum bill of $10.56, effective with the September 10, 2003 billing. The Committee discussed the presentation of the Financing Plan and Water and Sewer Rates to the Board of Selectmen which is scheduled for June 3, 2003. Chairman Moore will make opening remarks and turn the presentation over to Ted McIntire to outline the details of the financing plan and the water and sewer rates. Chairman Moore will make closing remarks before the question and answer period. Itwas moved by Steven Oston, seconded by -Stephen Crook and approved by a vote of 5-0 to - - adjourn the meeting at 8:30 PM. Minutes - WSAC May 29, 2003.doc Page 1 of I