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HomeMy WebLinkAbout2002-10-24 - Resolution No. 02-06RESOLUTION NO. 02-06 RESOLUTION OF THE BOARD OF DIRECTORS OF THE YORBA LINDA WATER DISTRICT SETTING WATER RATES FOR FISCAL YEAR 2002-03 AND RESCINDING SECTION TWO OF RESOLUTION NO. 01-17 WHEREAS, the Board of Directors of the Yorba Linda Water District are responsible for setting and adjusting the rate charged for water sold by the District; and WHEREAS, the Board of Directors of the Yorba Linda Water District have, from time to time, adjusted water rates, most recently by Resolution No. 01-17 adopted on November 20, 2001; and WHEREAS, Resolution No. 01-17 stated that in the event financial conditions change and/or consideration of different rates are justified and necessary the General Manager shall report the changed facts to the Board of Directors; and WHEREAS, on October 24, 2002 the Board of Directors accepted the Audit Report for the year ending June 2002; and, WHEREAS, based on information contained in the Audit Report and planned operations for fiscal year 2002-03, the District will not implement the rate increase authorized by Section 2 of Resolution No. 01-17 scheduled to go into effect on January 1, 2003; and, WHEREAS, the water rates adopted by Section 1 of Resolution 01-17 shall remain in effect. NOW THEREFORE BE IT RESOLVED by the Board of Directors of the Yorba Linda Water District to rescind the water rates set forth in Section 2 of Resolution No. 01-17. PASSED AND ADOPTED this 24 day of October, 2002, by the following called vote: AYES: Abramowitz, Armstrong, Beverage, Korn, Summerfield NOES: None ABSENT: None ABSTAIN: None Secretary, Willies J. Robertson Yorba Linda Water District President, Arthur C. K0 Yorba Linda Water District