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OKC Water Trust raises cost-sharing rates for oversized mains and sewers
Summary
The Oklahoma City Water Utilities Trust on Feb. 24 approved updates to its water-main (Policy A) and sanitary-sewer (Policy B) cost-sharing formulas to reflect current construction pricing and authorized the general manager to adjust rates based on market analysis.
The Oklahoma City Water Utilities Trust voted Feb. 24 to update how it shares the cost of privately constructed oversized water mains and sanitary sewers, increasing the per-inch-per-foot rates for common size ranges and authorizing future adjustments by the general manager.
Dustin, the Trust’s private development manager, told trustees the revisions respond to current market pricing and provide clearer bands for reimbursement when a developer installs a larger pipe than their project…
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