THE COAFORATION OF THE CITY OF PORT COQUITLAM ' MEMO Finance Committee. DATE: ‘September 22, 1980 J. Maitland, City Treasurer. 1980 WATER AND SEWER RATES Attached are proposed 1981 provisional budgets for the Water ‘and Sewer Utilities. Rate increases will be needed for both utilities and are as follows: Water Utility - an increase to $5. 50 per month ($66/year) , from $5.25 ($63/year) on the flat rates and a similar 4.76% increase on the , — metered rates/ ' Sewer Utility - Either 1. Start to close the gap in the ratéds _' °. between City installed and developer installed. (see attached 1979 memo) 2. An increase of 25¢ to each of the flat rates to $7 permonth ($84/year) City installed and $5 per month ($60/ ‘year) developer installed. , . I would like to have a by-law in place prior to the end of 1980 so the rates can be in effect for a whole year.- J. Maitland IM/ms _ Attachment