NOTICE OF RATE INCREASE AND PUBLIC HEARING
11/13/2024
NOTICE IS HEREBY GIVEN that on December 9, 2024, the Town Council (the Council) of the Town of Clyde Park, Montana (the Town), will consider a Resolution of Intention to Increase the Monthly Water Rates in order to pay for the escalating costs for the repair, replacement and maintenance of the water system.
The Town currently owns and operates a municipal water treatment and distribution system (the System) and imposes a monthly rate charge on all connections to the System (the Monthly Rate Charge). The costs of the System covered by the Monthly Rate Charge are the amount necessary to pay the costs of operating and maintaining the System, to pay the principal of and interest on any outstanding or authorized debt of the System and to establish and maintain any reserves and other debt service requirements.
The current Monthly Rate Charge for the base rate is $65.00 per 4,000 gallons per month.
The proposed Monthly Rate Charge for the base rate will be $88.71 per 4,000 gallons per month.
The reason for the proposed increase of monthly rates to System users is to pay for the increase in costs for the repair, maintenance and replacement of certain elements of the System when such is necessary.
On November 11, 2024, at 7:00 p.m. at the Town Hall, the Council conducted a public hearing on the Resolution of Intention to Increase the Monthly Water Rates. Comments may be given orally at the hearing or submitted in writing to the address below before 11:00 a.m. on December 7, 2024.
Further information about the proposed rate increases may be obtained by contacting the town clerk, Town of Clyde Park, P.O. Box 177, Clyde Park, Montana 59018, phone: (406) 686-4719, email: [email protected].
Done by Order of the Town Council of the Town of Clyde Park, Montana, this 11th day of November, 2024.