SUBJECT:
Title
A Resolution of the Town Council of the Town of Erie Adopting an Update to the 2025 Fee Schedule
Body
DEPARTMENT: Finance
Utilities
Department
PRESENTER(S): Sara Hancock, Finance Director
Scott Brown, Operations & Maintenance Manager
First Name Last Name, Title
POLICY ISSUES:
Adjusting the deposit for hydrant (temporary) meters to reflect the Town’s cost of acquiring and maintaining those meters.
STAFF RECOMMENDATION:
Recommendation
Approve the resolution
End
SUMMARY AND BACKGROUND OF SUBJECT MATTER:
Departments analyze their various fees annually to determine if the fees are still meeting the goals of each department. Departmental staff members recommend changing the following fees for 2025:
1. Increase Hydrant Meter Deposit from $3,000 to $4,000.
Generally, Hydrant Meters are rented from the Town of Erie by contractors for the use of water-related construction activities. As part of the rental, the Town of Erie requires a deposit, which is forfeited if the meter is not returned or returned damaged.
These fees reflect the Town's cost of providing, maintaining and replacing the Hydrant meters. There has been a cost increase for repairing and replacement. Also, as part of the replacement program, these meters will have SMART technology to read usage via 5G cellular signal, rather than calling contractors every month. This change in the deposit will cover those costs. They do not generate significant revenue.
COUNCIL PRIORITY(S) ADDRESSED:
ü Prosperous Economy
ü Safe and Healthy Community
ü Effective Governance
ü Fiscally Responsible
ATTACHMENT(S):
1. Resolution 25-
2. Fee Schedule