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HomeMy WebLinkAboutOrdinance #4073 ORDINANCE NO. 4073 AN ORDINANCE OF THE CITY OF HUNTINGTON BEACH AMENDING CHAPTER 14 12 OF THE HUNTINGTON BEACH MUNICIPAL CODE RELATING TO WATER FEES, RATES AND DEPOSITS The City Council of the City of Huntington Beach does hereby ordain as follows. SECTION 1. Section 14.12.040 of the Huntington Beach Municipal Code is hereby amended to read as follows: 14.12.040 Water Rates—Designated A The water rates to be charged monthly and collected monthly or bimonthly, as may be determined by the City, shall be set by a resolution of the City Council B. A Capital Surcharge to be charged monthly as may be determined by the City shall be set by resolution of the City Council. All monies collected as the Capital Surcharge shall be used for water projects that are consistent with the goals and objectives of the Water Master Plan adopted by the City Council. SECTION 2. Section 14.12.045 of the Huntington Beach Municipal Code is hereby amended to read as follows. 14.12.045 Water Rates—Budget A. It shall be the policy of the City that a balanced budget shall be maintained for the Water Fund Pursuant to Section 602 of the Charter of the City of Huntington Beach, the City Manager shall be required to submit said Water Fund budget in a balanced condition to the City Council, together with the other budget submittals. For the purpose of this section, "balanced budget" shall mean that total appropriations for operating expenses do not exceed total estimated revenues in the annual budget of the Water Fund. Use of Water Fund reserves shall follow established financial policies as adopted in the annual budget. B. Operating expenses shall include appropriations for the depreciation cost of those capital improvements customarily provided for in the operating budget and in accordance with generally accepted accounting principles. Revenues shall exclude bond proceeds, if any, but include interest earnings and other nonoperating revenue in accordance with generally accepted accounting principles. 15-4941/127036 doc I Ordinance No . 4073 SECTION 3 Section 14.12.160 of the Huntington Beach Municipal Code is deleted in its entirety SECTION 4. Section 14.12.170 of the Huntington Beach Municipal Code is amended as follows: 14.12.170 Water Fund All moneys collected from fees and charges under Chapters 14.08 through 14.20 of the Huntington Beach Municipal Code shall be deposited in the treasury of the City in a Water Fund SECTION 5. This ordinance shall become effective 30 days after its adoption. PASSED AND ADOPTED by the City Council of the City of Huntington Beach at a regular meeting thereof held on the 2 n d day of November , 2015. ayor ATTEST: F= INITIATED AND APPROVED: LlI ty Clerk Director of Publi Works REVIEW APPROVED: APPROVED FORM: /VitfyUanager City Attorney 15-4941/127036 doc 2 Ord. No. 4073 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss: CITY OF HUNTINGTON BEACH ) I, JOAN L FLYNN, the duly elected, qualified City Clerk of the City of Huntington Beach, and ex-officio Clerk of the City Council of said City, do hereby certify that the whole number of members of the City Council of the City of Huntington Beach is seven, that the foregoing ordinance was read to said City Council at a Regular meeting thereof held on October 19,2015, and was again read to said City Council at a Regular meeting thereof held on November 2,2015, and was passed and adopted by the affirmative vote of at least a majority of all the members of said City Council AYES: Posey, O'Connell, Katapodis, Hardy, Sullivan, Delgleize, Peterson NOES: None ABSENT: None ABSTAIN: None I,Joan L Flynn,CITY CLERK of the City of Huntington Beach and ex-officio Clerk of the City Council,do hereby certify that a synopsis of this ordinance has been published in the Huntington Beach Wave on November 12,2015 In accordance with the City Charter of said City d s Joan L Flynn, City Clerk City frk and ex-officio CC Senior Deputy City Clerk of the City Council of the City of Huntington Beach, California