FOR: City Council and Rialto Utility Authority Meeting July 23, 2024
TO: Honorable Mayor and City Council
APPROVAL: G. Michael Milhiser, Interim City Manager
FROM: Toyasha Sebbag, Assistant to the City Manager
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Request City Council and Rialto Utility Authority Board 1) Complete the Continued Public Hearing from June 25, 2024, as Required Under Proposition 218; 2) Adopt Resolution No. 8266 and RUA Resolution No. 08-38 Authorizing the Transfer of $30 Million from the City's Unrestricted General Fund Reserve to the Authority's Water Fund and Wastewater Fund, allocating $5 Million to the Water Reserve Fund and $25 Million to the Wastewater Reserve Fund; and 3) Adopt Resolution No. 8267 Suspending the Utility User Tax from January 1, 2025, through December 31, 2025, for Single-family, Multi-family, and Mobile Home Water and Wastewater Accounts.
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RECOMMENDATION:
Staff recommends that the City Council and Rialto Utility Authority Board
1) Complete the Continued Public Hearing from June 25, 2024, as Required Under Proposition 218;
2) Adopt Resolution No. 8266 and RUA Resolution No. 08-38 Authorizing the Transfer of $30 Million from the City's Unrestricted General Fund Reserve to the Authority's Water Fund and Wastewater Fund, allocating $5 Million to the Water Reserve Fund and $25 Million to the Wastewater Reserve Fund; and
3) Adopt Resolution No. 8267 Suspending the Utility User Tax from January 1, 2025, through December 31, 2025, for Single-family, Multi-family, and Mobile Home Water and Wastewater Accounts.
BACKGROUND:
On June 25, 2024, the City Council and Rialto Utility Authority (RUA) Board opened the Public Hearing and heard testimony from residents about the proposed water and wastewater rate adjustments. That staff report is ATTACHMENT 1.
ANALYSIS/DISCUSSION
On April 11, 2023, the City Council/RUA authorized a sole source Professional Services Agreement Contract with F.G. Solutions, LLC to complete Phase 1: Wat...
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