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City Of <br />�. <br />Pequott <br />Lakes— <br />AGENDA ITEM #11.1 <br />REPORT TO <br />CITY COUNCIL <br />Date: September 6, 2011 <br />Subject: Economic Development Commission — <br />Discussion on Water and Sewer Policies and Ordinances <br />Report: The EDC has been working with the City's <br />`- Engineer to get a better understanding of the City's method <br />of charging for water and sewer services and connections. <br />The impetus for this study began a few months ago when <br />the EDC was considering incentives to encourage <br />development in the City. The possibility of discounting or <br />forgiving WAC /SAC fees had been discussed as a possible <br />economic development incentive. At that time the EDC had <br />questions about the City's WAC /SAC policy and use of <br />WAC /SAC funds. Upon discovering that the City did not <br />have a WAC /SAC policy or ordinance, the EDC did not <br />feel comfortable suggesting using WAC /SAC fees as <br />economic development incentives without knowing the <br />purpose or use of those funds. At that point the EDC <br />requested more information on the City's water and sewer <br />�" rates, usage, and capacity. <br />