Approval of Fort Pierce Utilities Authority Rate Increase Resolutions; each Resolution shall be approved as a separate agenda item.

Pursuant to City Charter, Article XII, Section 176(6), the authority shall fix rates to be charged for gas, electricity, water, sanitary sewer, and other utilities services sold and services rendered. Provided, however, said utilities authority shall submit any rate changes or any changes in the formula by which rates are determined to the city commission. 

If a four-fifths ( 4/5 ) majority vote of the city commission does not disapprove of the proposed rate changes within thirty (30) days of the date of submission of said change or changes in the formula to the city commission, the rates or the formulas by which the rates are determined shall be deemed approved and shall become effective.

If a four-fifths ( 4/5 ) majority vote of the city commission disapproves any rate change or any change in the formulas by which the rates are determined within thirty (30) days, said rates shall not become effective and the previous rates or the formulas by which the rates were determined which were previously established shall remain in effect. If any rate changes or any changes in the formulas by which the rates are determined are not approved by the city commission, the city commission shall state the reasons for said disapproval. The city commission may by majority vote waive the thirty-day period for disapproval and approve same by a majority vote. Any rate adjustment resulting from fuel adjustment changes made in accordance with a previously approved formula will not have to be submitted to the city commission.

The city commission may, by majority vote, waive the thirty-day period for disapproval and approve same by a majority vote.

Javier Cisneros, Director of Utilities

Linda W. Cox, City Clerk