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r //. <br />TO I <br />FROM: <br />DATE: <br />Mayor and City Council <br />Ron Moorse, City Administrator <br />•Jf^CILMEEimO <br />December 10, 1993 <br />utC ) 3 1993 <br />CfTYOFORONO <br />SUBJECT: Sewer and Water Rate Update <br />In response to Council direction regarding water and sewer rates <br />the Finance Director is completing a formal rate study to determine <br />the level at which the utility rates will ensure operating revenues <br />match operating expenditures. This study is nearly complete. The <br />sewer rate study may be completed in time to be provided to the <br />Council at the December 13th Council meeting. <br />j