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89-R-63RESOLUTION NO. 89-R-63 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF EDGEWATER, FLORIDA, AUTHORIZING THE APPROPRIATE OFFICIALS OF THE CITY OF EDGE - WATER, FLORIDA, TO EXECUTE AMENDMENT NO. 1989- 13, "ENGINEERING SERVICES ASSOCIATED WITH CONDUCTING A WATER AND WASTEWATER RATE AND CHARGE STUDY FOR THE CITY OF EDGEWATER" WITH DYER, RIDDLE, MILLS & PRECOURT, INC.; REPEAL- ING ALL RESOLUTIONS IN CONFLICT HEREWITH AND PROVIDING FOR AN EFFECTIVE DATE. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EDGEWATER, FLORIDA: SECTION 1: The City Council of the City of Edgewater, Florida, hereby authorizes the appropriate officials of the City of Edgewater, Florida to execute Amendment No. 1989-13, "Engineering Services Associated with Conducting a Water and Wastewater Rate and Charge Study for the City of Edgewater" with Dyer, Riddle, Mills & Precourt, Inc. SECTION 2: A copy of said Amendment is attached to this Resolution and by reference incorporated herein as if fully set forth and marked Exhibit "A". SECTION 3: That all resolutions or parts of resolutions in conflict herewith be and the same are hereby repealed. SECTION 4: That this Resolution shall take effect immedi- ately upon its adoption by the City Council of the City of Edge- water, Florida, at a Regular meeting of said Council held on the 30 day of August ,198 9 , and approved as provided by law. This Resolution was introduced and sponsored by councilman Fish and was read and passed by a vote of the City Council of the City of Edgewater, Florida, at a Regular meeting of said Council held on the 30 day of August ,1989 and authenticated as provided by law. ROLL CALL VOTE ON RESOLUTION NO. 89-R-63 AS FOLLOWS: Authenticated this 30 day of 19�8 MAYOR --ram, O. NEY i� C;.MAN - ZONE THREE %r I :OUNCILMAN - ZONE FOUR -2- Res. No. 89-R-63 AMENDMENT NO. 1989-13 ENGINEERING SERVICES ASSOCIATED WITH CONDUCTING A WATER AND WASTEWATER RATE AND CHARGE STUDY FOR THE CITY OF EDGEWATER This AMENDMENT made and entered into this day of amends the consulting engineering AGREEMENT for professional services between the CITY COUNCIL OF THE CITY OF EDGEWATER, FLORIDA (hereinafter referred to as "CITY"), and DYER, RIDDLE, MILLS & PRECOURT, INC. (hereinafter referred to as "CONSULTING ENGINEER") to perform engineering services relative to conducting a Water and Wastewater Rate and Charge Study for the CITY; WHEREAS, this AMENDMENT shall incorporate all of the conditions and requirements of the original CONTRACT between the CONSULTING ENGINEER and the CITY, dated October 19, 1987; Provisions delineated in the October 19, 1987 AGREEMENT shall remain in full force without modification. In case of conflict this AMENDMENT shall prevail. This AMENDMENT provides for certain professional consulting engineering services relative to the CITY's water and wastewater utility. The services provided in this AMENDMENT include, but are not limited to, providing engineering services to the CITY related to the analysis and design of water and wastewater rates and charges. As directed by the designated CITY representative to the CONSULTING ENGINEER, confirmed by the CITY's work order, the scope of services and professional engineering compensation as included herein are made part of this AMENDMENT. DRMP 887-400.23 IN WITNESS WHEREOF, the parties hereto have accepted, made and executed this AMENDMENT No. 1989-13 upon the terms and conditions stated in the AGREEMENT dated October 19, 1987. Dyer, Riddle, Mills Br Precourt, Inc. B l• vice r stdent CITY OF EDGEWATER, FLORIDA is B mess ayor EXNIBIT A CITY OF EDGEWATER DRMP WORK ORDER DESCRIPTION Project Title: 1989 Water and Wastewater Rate and Charge Study Project Objective: The City of Edgewater currently is in the process of implementing a significant capital improvement program, the objective of which is, among others, to provide water and sewer service to the Florida Shores subdivision, to allow for the expansion of water supply and wastewater treatment facilities, and to provide for the construction of major drainage and stormwater facilities. As a result of the implementation of the capital improvement program, the City issued a short term debt instrument (Bond Anticipation Notes) to initially fund a portion of the construction program. It is anticipated that the short term debt will be paid from the proceeds of a longer term utility revenue bond issue. As a result of issuing the short term indebtedness and in order to provide a surety to the payment of the debt, a comprehensive utility rate and charge study needs to be performed. The objective of the study Is to determine rates consistent with future customer and expenditure needs, to satisfy the future debt service requirements, and to adequately reflect the costs of the anticipated capital Improvement program. Additionally, the results of the rate study will provide a basis for data which may be reflected in a Consulting Engineer's Report anticipated to be Included in an Official Statement supporting a long term revenue bond issue and will be a reference document associated with the marketing of such Bonds. Project Scope: The prosecution of the rate study is anticipated to be performed in two general phases under this separate amendment as follows: Phase I - Water and Wastewater Rate Study Phase E - Water and Wastewater Impact Fee Study Phase I - Water and Wastewater Rate Study The preparation of rates for water and wastewater service will include the following tasks: 1. Preparation of water and wastewater customer and sales forecast to determine future revenue estimates, costs, and growth of the system. 2. Estimate system revenue requirements necessary to fund system operations (i.e., treatment, transmission and distribution, collection, etc.), customer billing, administrative costs, capital improvements, system indebtedness and any other requirements as may be mandated by bond resolution, ordinance and/or loan agreements. The system revenue requirements will include changes In operation consistent with the implementation of the capital improvement program. 3. Design of the required rates necessary to meet the revenue requirements discussed above. The rate structure design will provide user fees for each respective utility system based on the rate structure of the City's existing rates. It Is anticipated that the rate analysis will include a five fiscal year period ending September 30, 1990 through 1994, or a period consistent with the requirement of the anticipated long term debt Instrument. 4. Rate comparisons with utilities of similar size and complexity will be prepared to provide the City an indication of the competitiveness of the proposed rates with other Florida utilities. 5. Preparation of a debt service coverage calculation in order to meet rate covenant tests as required by the Resolution authorizing the City's outstanding indebtedness at the time of the study or anticipated to be in effect in the next fiscal year. 6. Preparation of a final report detailing the anlytical methods, results obtained, and conclusions and recommendations regarding rate modifications. Phase II - Water and Wastewater Impact Fees The preparation of impact fees for water and wastewater capacity will include the following tasks: 1. Determination of the capital costs associated with system expansion in order to determine the funding requirements of the fee. This analysis may include a review of current construction or capital improvement plans or budget, analyses of existing plant in service, capacity requirement of the system facilities, and other analyses as deemed appropriate for the task. 2. Determination of the Equivalent Residential Unit (ERU) capacity requirements, and segregation of customers by meter size and/or functional capacity requirements. 3. Impact fee design as determined from the estimated incremental cost per ERU. The impact fee design shall provide an estimate of the funds anticipated based on the City's projected growth rate. 4. Comparison of the City's proposed impact fees to other utilities of similar size and complexity to provide the City an indication of the competitiveness of the fees with other Florida utilities. 5. Preparation of a final report detailing the analytical methods, results obtained and conclusions and recommendations regarding impact fee modifications. The final report will be included with the rate analysis report as a single bound report. Project Duration: It is anticipated that the preparation of the water and wastewater rate study should be completed within twelve to sixteen weeks after notice to proceed is given. Project Compensation: This project will be invoiced on a monthly basis in accordance with the conditions and requirements of the original contract between DRMP and the CITY, dated October 19, 1987. The total maximum billing amount for this project is $15.000.