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WHEREAS, The City Commission of the City of Casselberry, Florida, has <br />engaged the firm of Burton and Associates which has studied and analyzed the rates for <br />sewer, reclaimed water and water that are necessary to meet the projected revenue <br />requirements, beginning January 1, 2013, and then starting on October 1St for <br />subsequent fiscal years, and ending in the year 2017; and <br />WHEREAS, the existing rates and charges for sewer, reclaimed water and water <br />service are projected to produce revenue deficiencies for the fiscal years 2013 through <br />2017; and <br />WHEREAS, the major reasons for the projected deficiencies are primarily <br />decreased revenues due to effective water conservation activities and increased costs <br />for operations and maintenance, and increased debt service and capital costs due to <br />customer growth and required capital improvements, because of more stringent federal <br />and state mandated standards and requirements, and the ages of portions of the sewer <br />and water systems; and <br />WHEREAS, The City Commission finds that it is necessary to establish new <br />sewer, reclaimed water and water rates to continue to provide for the health, safety, and <br />general welfare of the sewer, reclaimed water and water customers of the City of <br />Casselberry. <br />NOW, THEREFORE, BE IT ENACTED BY THE CITY COMMISSION OF THE <br />CITY OF CASSELBERRY, FLORIDA: <br />