Special Council

1. THAT the 2024 Draft Rate Supported Water and Wastewater Operating Budget and Capital Forecast, be received; 2. AND THAT the 2024 Rate Supported Water Operating Budget be approved, with a net revenue requirement from user rates of $8,335,810; 3. AND THAT the 2024 Rate Supported Wastewater Operating Budget be approved, with a net revenue requirement from user rates of $7,704,830; 4. AND THAT any 2024 rate supported net operating surpluses/deficits be contributed to or from the Water or Sewer Rate Stabilization Reserves, to a maximum reserve balance of 25% of applicable rate revenue, with amounts exceeding 25% for four years in a row contributed to the applicable Capital Replacement Reserve Fund; 5. AND THAT the appropriate by-laws be passed to reflect changes in User Fees and Miscellaneous Charges, as identified in Operating Appendix C, of the 2024 Draft Rate Supported Water and Wastewater Operating Budget and Capital Forecast, effective January 1st, 2024; 6. AND THAT the budgets and related financing be approved for the proposed 2024 water and wastewater capital expenditures, in the amount of $71,372,900, with projected debenture financing of $0; The Corporation of Haldimand County Special Council Minutes – December 7, 2023 2 7. AND THAT the Capital Forecast for Rate Supported Services, for the years 2025 to 2033 be approved in principle, in the amount of $156,256,040 with projected debenture financing of $0; 8. AND THAT Development Related Debt be issued on existing and fu

THAT By-law 1, as listed, be enacted.

THAT the Confirming By-law be enacted.

THAT this meeting is now adjourned at 11:19 p.m.