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Item 7H1 ITEM 7H Ordinance No. 901 1st reading, Establish Monthly Stormwater (Drainage) Utility Fees 2 402 Localized $ 26,482,772 17 Secondary $ 5,753,810 20 Primary $ 19,679,074 $ 51,915,656 How Big is the Drainage Problem in Southlake? 3 4 Commercial Fees 5 What will a $7.00 Monthly Fee Fund? $ 8,776,000 Revenues (over 10 Years) Provides for $ 6,988,000 of Projects financed with Revenue Bonds Provides for Debt Service and Reserve Stormwater Engineer (over 10 Years) Cost of Gradall (in FY 2008) 6 Actions Required Establish Residential Rate/Month Questions?