§ 78-11. Payments in lieu of taxes.

Pursuant to section 1209 of the City Charter, the water services department shall be assessed and required to make a payment in lieu of taxes to the general fund equal to three percent of the water fund's gross revenues derived from providing water services to the city's residential and commercial customers. Such payment in lieu of taxes shall be considered part of the cost of water services and shall be charged to the city's residential and commercial customers as a charge equal to three percent of the general meter rate, the fire protection rate and the temporary service rate.

(Ord. No. 160166 , § 1, 4-7-16; Ord. No. 170153 , § 1, 3-23-17; Ord. No. 180138 , § 1, 5-1-18; Ord. No. 190167 , § 1, 3-21-19)