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80A - JOINT - SAFA - WATER SYS BONDS
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80A - JOINT - SAFA - WATER SYS BONDS
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Last modified
7/10/2014 4:49:13 PM
Creation date
7/10/2014 4:25:56 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Finance & Management Services
Item #
80A
Date
7/15/2014
Destruction Year
2019
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The table below sets forth a comparison of average monthly bill for a single family residential unit with <br />a 5/8 -inch meter in the City to those of surrounding communities (utilizing 18,700 gallons of water per month): <br />TABLE 8 <br />City of Santa Ana <br />Monthly Bill Comparison <br />(As of July 1, 2014) <br />Community <br />Monthly Residential Bill <br />Anaheim, City of <br />$ 53.63 <br />East Orange CWD Retail Zone <br />87.39 <br />Huntington Beach, City of <br />55.19 <br />Mesa WD <br />80.25 <br />Newport Beach, City of <br />83.36 <br />Serrano WD <br />92.51 <br />Yorba Linda WD <br />74.73 <br />Brea, City of <br />73.17 <br />Buena Park, City of <br />49.10 <br />Fountain Valley, City of <br />75.36 <br />Fullerton, City of <br />60.12 <br />Garden Grove, City of <br />73.23 <br />Golden State WC <br />101.44 <br />La Habra, City of <br />73.97 <br />La Palma, City of <br />66.26 <br />Orange, City of <br />51.82 <br />Santa Ana, City of <br />72.95 <br />Santa Margarita WD <br />62.10 <br />Seal Beach, City of <br />67.63 <br />South Coast WD <br />106.30 <br />Tustin, City of <br />57.87 <br />Westminster, City of <br />65.70 <br />El Toro WD <br />68.80 <br />Emerald Bay Serv. Distr. <br />96.89 <br />Irvine Ranch WD <br />36.15 <br />Laguna Beach CWD <br />103.89 <br />Moulton Niguel WD <br />47.58 <br />Source: City of Santa Ana <br />Collection Procedures <br />The City is on a bi- monthly billing cycle for water charges. Payment is due within 30 days, and is <br />considered delinquent if not paid by that date. If payment is not received, a 7 day urgent delinquent notice is <br />sent, after which time water service is disconnected. The City has not had any material charges considered <br />uncollectible in the past several years. If services are shut -off, a re- establishment fee of $134.58 if such re- <br />establishment is required after hours, the fee to reestablish service includes payment of all delinquent fees and a <br />range of $62.31 through $416.62 reconnect fee depending upon the meter size. <br />Outstanding Water System Indebtedness <br />As of the date of issuance of the Bonds, the only indebtedness secured by Net System Revenues will be <br />the Installment Payments securing the Bonds (See "INTRODUCTION - Security for the Bonds "). <br />80A -172 <br />32 <br />
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