Minutes 12/30/1975 - Laserfiche WebLink

Home Browse Search

..1'0 l~ TUESDAY DECEMBER 30, 1975 ,- By letter dated December 17, 1975, Southwestern Virginia Gas Company, pursuant to terms of its franchise granted by the City, notified City Council that said gas company has filed an application with the State Corporation Commission for an emergency increase in applicant's rates, to become effective January 1, 1976, subject to refund if the Commission finds the rate increases unjust or unreasonable. According to the gas company's tabulations, the proposed new rates represent an overall increase of 6.03% over current rates. ,- Council acknowledged receipt of a notice of an allocation or grant by the Federal Environmental Protection Agency toward the cost of upgrading the City's existing 4MGD sewage treatment plant (now providing primary treatment only) to a 6MGD secondary treatment facility, which is estimated to cost $2,392,600.00, said allocation being up to 75% of said total cost, or up to $1,794,450.00, with the State Water Control Board contributing 5% of the total cost, up to $119,630.00, leaving the City's net estimated cost at $478,520.00, of which ($478,520.00) it is estimated--through the City's contract with the Henry County Public Service Authority--that said Authority will share one-third, or $159,506.50, leaving the City the sum of $319,013.50 as a net cost to underwrite. Council was reminded of certain requirements and regulations the City must meet in accepting the EPA allocation, some of which were set forth in resolutions adopted by Council on December 10, 1974 and July 8, 1975; whereupon motion, duly seconded and unanimously carried (by recorded vote), Council authorized City Manager Noland to execute, on behalf of the City, a contract and/or agreement with the Environmental Protection Agency and/or with the State Water Control Board indicating acceptance of the allocation(s) and agreement to comply with all applicable regulations and requirements.