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Home My WebLink About015981 RESOLUTION NO. 1598 A RESOLUTION ESTABLISHING A POLICY FOR THE PAYMENT OF FIRE HYDRANT CHARGES 2 526 2728, ti rn G C) r �� m 4 07 ti WHEREAS, for many years the City of Pueblo and the Board of Water Works have disagreed as to the charges to be made for fire hydrant "rentals" with the result that the Board of Water Works has accummulated unpaid charges of $192,276.00 against the City of Pueblo as of June 1, 1963; and, WHEREAS, it is in the best interest of the City and the Board of Water Works to forgive all outstanding charges and agree upon a reasonable basis for future charges; r1ow, therefore, BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1. The normal life expectancy of a fire hydrant is here- by stated to be 25 years. SECTION 2. All fire hydrants in the City of Pueblo shall be classified as follows: UNDEPRECIATED - All fire hydrants which have been in place 25 years or less. DEPRECIATED - All fire hydrants which have been in place 25 years or more. SECTION 1. The total number of hydrants in existence in the City of Pueblo on June 1, 1963 is 1314; of this number 522 are declared to be depreciated, and 792 are declared to be undepreciated. Commencing January 1, 1964, and on January 1 of each year thereafter, 31 undepreciated hydrants shall be charged off and shall be added to the depreciated hydrants until all 792 hydrants are fully depreciated. SECTION 4. rash new additional or replacement hydrant shall be added to the list of undepreciated hydrants as installed. Commencing July 1, 1963, and on the first day of each month thereafter, the Board of Water Works shall furnish the City of Pueblo a list of hydrants (showing location) added to the water works system or replacing existing hydrants within the City limits during the preceding calendar month. SECTION 5. For the balance of 1963, the City of Pueblo agrees to continue to pay to the Board of Water Works a fire hydrant "rental" of $1.50 per hydrant per month. Commencing January 1, 1964, a "readiness to serve" charge in lieu of all other rentals and charges shall be paid by the City of Pueblo to the Board of Water Works for each fire hydrant located within the City of Pueblo as follows: UNDEPRECIATED HYDRANTS - $2.25 per month. DEPRECIATED HYDRANTS - 97¢ per month. SECTION 6. Upon this resolution becoming effective, the Board of Water Works releases and discharges all outstanding accummulated charges now unpaid by the City of Pueblo. SECTION 7. The City of Pueblo shall not pay for installation and material costs of any fire hydrant. SECTION 8. Such "readiness to serve" charges shall be readjust- ed at least every five years by agreement between the City Council and the Board of Water Works. Such adjustment shall - 2 - bear a reasonable relation to the actual cost to the Water Works for installing, maintaining, and supplying water for such hydrants at the time of readjustment. SECTION 9. This resolution shall become effective upon the adoption of a companion resolution by the Board of Water Works. INTRODUCED AND PASSED JV � , 1963 BY GLEM S. TU RNER Councilman APPROVED: I N ZM i 11 i "N' -1 161 M VA 6 ATTEST: ity Clerk - 3 - r ' 9 o jiltr. O tt� �! � qtr• ' �- ��: . 01rr U4 1 &) 3 ?t'F44 cM, s 0 A moLurzom ESTAELISHIM A POLICY FOR THE PAYMENr OF PE HYDRA" CHARGES WHEREAS,. f or many years the City .of Pueblo and the Board of Water works have disagreed as to the changes to be made for fire hydrant "rentals* with the result that the Board of 1:'ater Works has accummzl.ated unpaid charges of: $192,276.00 against the City of Pueblo as of June 1, 1963# arid, WHEREAS, it is in the best interest of the 0 ty and the Board of Idater Works to forgive all outstanding charges and agree upon a aasonable basis for future charged and, WHEREAS, the City of Pueblo, by Resolution No, 1598i, adopted July 8., 1963, established a policy f or the payment of fire hydrant charges which is agreeable to the Board of Water Workst now., therefore,. BE IT RESCUED by Board of eater Works of Puebla,. Colorado, that: n The normal life expectancy of a fire hydrant is hereby stated to be 25 yearso .:.�� All fire hydrants in the City of Pueblo .shall be classified as follows: UNDEPRE.CIATED - All fire hydrants which have been in ,place 23 years or less. DEPRECIATED - All fire hydrants which have been in place 25 yaws or more. The total number of hydrants in existence in the City of Pueblo on June 1, 1963 is 13141 of this number 522 are decl.az*d to be depreciated, and 79 are declared to be undepreciated. Commencing January 1, 1964, and on January l of each year. thereafter, 31 undepreclated hydrants shall be charged off and shall. Oe added to the depreciated hydrants until. all 792 hydrants are fully depreciated, Each new additional or replacement, hydrant shall, be added to the list: bf undepxeciated hydrants as installed, Cow ncing July l., 1063, and on the fIrst day of each month thereafter, the Boaard of Water Works shall f urni.sh the City of Pueblo a list of hydrants (showing l.ocat .on) added to the - water works syatom or r_plaa~ing existing hydrants v4thfn the. City limits durinc� the preceding calendar month. For the bal.once of 1963, the City of Pueblo agrees to continue to pay to the Board of Water Works a fire hydrant rental" of $1. per hydrant per month* Commencing January 1, 1 964, a "readiness to seve" chaz In l ieu of all tither rentals and chax9es shall be paid by the City of ,Pueblo to the Board of Water Works for each fire hydrant located within. the City of Pueblo as fo.11:owsa UNDEPRECIATED HYDRANTS a $2.25 per month. DEPRECUTED MRANTS mo 97* per aaonth. The ward of Water Works releases and discharges all outstanding accummularted oharges now unpaid by the City of Pueblo. ." "_ l► The City of Pueblo shall not pay for installation and Material costs, of any fire hydrant. Such *readl oas to setae" charges shall, be readJusted at least every five years by ag.reeaent between the City Council ,.2'" and the Board of Wato Works. Such adjustment shall b ear a xeasonable xelation to the actual asst to the water works for I nstalling , maintaining, and supp water f or such hydrants at the time of readjustment. Y � /