FACILITIES PLAN ~ 13 <br />G°~~~c~ ~ ~n p~c~~~ <br />Current average bill for residential customers effective July 1, 2005 <br />through June 30, 2006 Based on 5,000 gallons per month. <br />'h~D <br />v ~~s <br />X30 <br />~ ~2S <br />C <br />0 <br />~ ,p2Q <br />~d <br />q <br />v pp . ~- <br />DAIS <br />~prp ~n <br />N ~l~ _ _.. <br />v <br />Q ~S _. <br />Eugene Tri-City Springfield Gresham Corvallis Albany Salem <br />(West Linn) <br />Cities chosen for comparison have similar permit requirements and discharge <br />to the Willamette River. <br />The MWMC is investing iTi these facilities to meet water <br />quality standards and protect our community today and in <br />the future. The cost of this investment (in 2004 dollars), is <br />currently estimated between $144-$150 million over the <br />next 20 years, and will be shared by contributions from <br />current and future sewer customers. Funding will include <br />I <br />F~, <br />~~~ l <br />v; '~ <br />l ~.„, <br />user rates and system development charges, which are <br />contributed by new customers connecting to the system. <br />MWMC intends to issue revenue bonds to finance the <br />projects. Using revenue bonds will help minimize ratepayer <br />impacts for current customers by ensuring future users pay <br />for their fair share of the facilities built to serve them. As a <br />result, MWMC's average households can expect to see an <br />increase of approximately $0.68 on their monthly bills in FY <br />2005-06. By focusing on improvements that provide multiple <br />benefits, monthly sewer rates and one-time system development <br />charges can be maintained at levels that are competitive with <br />those paid by comparable wastewater customers statewide. <br />