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HomeMy WebLinkAboutAgenda Report - March 29, 2006 D-03 SMAGENDA ITEM tm)"0:5 &1ft CITY OF LODI COUNCIL COMMUNICATION A AGENDA TITLE: Provide direction with regard to a request by Councilmember Beckman to schedule a Town Hall meeting to receive public comment concerning alternatives to pay for PCE/TCE remediation. MEETING DATE: PREPARED BY: March 29,2006 City Manager RECOMMENDED ACTION: Council direction requested. BACKGROUND INFORMATION: Councilmember Beckman has requested that the City Council consider hosting a "Town Hall" style meeting to hear solutions proposed by the public to fund remediation of PCE/TCE contamination other than the use of Water Fund revenues. Consistent with past practice, this request is placed before the Council for direction. On September 21, 2005, the City Council held a Public Hearing and conducted a Protest Hearing to set water rates to pay for PCE/TCE remediation. The net cost to implement the remediation is budgeted at $45.7 million. The adopted alternative provides for a series of stair - stepped rate increases. The estimated cost to absorb clean up costs through the General Fund would require a 7% reduction in current General Fund programs and services. FISCAL IMPACT: Impacts of conducting a Town Hall meeting are unknown at this time. FUNDING AVAILABLE: Not Applicable Blair King, dhOmanager APPROVED: C�- ._ �% Blair King, City Manager