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0554 000043 RESOLUTION NO, 554 ( #14 - 01) A RESOLUTION ENCODURAGING THE CENTRAL ARKANSAS WATER UTILITY TO INCLUDE THE COST OF WATER LINE IMPROVEMENTS AND MAJOR WATER LINE RENOVATION PROJECTS IN THE RATE BASE FOR THE METROPOLITAN AREA AND OPPOSING THE CONCEPT OF IMPACT FEES FOR NEW DEVELOPMENT; AND, FOR OTHER PURPOSES. WHEREAS, Central Arkansas Water has done a very commendable job of organizing and • merging the Little Rock and North Little Rock Water Departments, and we appreciate the regional approach that Central Arkansas Water has taken in regard to water rates for Central Arkansas; WHEREAS, Central Arkansas Water's governing body is considering the enactment of impact fees for new construction in the area, and the Jacksonville City Council is concerned about the negative effect those fees may have on future growth in the Central Arkansas area; WHEREAS, by imposing impact fees to the areas that Central Arkansas Water serves, those areas would be at a competitive disadvantage with other surrounding cities; and, • WHEREAS, a slower growth rate for new development translates into a reduced real estate tax base, decreased sales tax base for the Central Arkansas area, and the reduced tax base will adversely affect our schools and other municipal services in Central Arkansas. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF JACKSONVILLE, ARKANSAS, THAT: SECTION ONE: The City Council hereby expresses its opposition to the imposition of impact fees for future growth in the areas served by Central Arkansas Water and encourages Central Arkansas Water to include the cost of water line improvements and major renovation projects in the rate base. SECTION TWO: All Resolutions or parts of Resolutions in conflict herewith are hereby repealed to the extent of said conflict. APPROVED AND ADOPTED THIS t0 DAY OF DECEMBER, 2001. • � e MAYOR TOMM / SWAIM ATTEST: SUSAN DAV , ITV CLERK ■ «P•O ED AS •1•R /' a• /4 I lalitak■ j`At; ROBE'T E. BANG 'TTORNE