RES 87418 - Laserfiche WebLink

CITY OF PLEASANTON WATER ENTERPRISE As it is the City's present intention to utilize Water Enterprise Fund revenues to pay that portion of Rental Payments allocable to Capital Project I, the Sycamore Water Reservoir and connecting pipeline, the following is presented for informational purposes. However, the City has not pledged such revenues for payment of the Certificates and the Owners will have no rights to such revenues. The Water Enterprise Fund revenues are pledged for payment of the City's $285,000 currently outstanding Water Revenue Bonds. Additionally the City may pledge such revenues in the future thus making them unavailable as a source of payment of the Certificates. Water Enterprise Service Area and Customer Base The City of Pleasanton water system (the "Enterprise") is the sole and exclusive prorider of municipal water service within the corporate limits of the City. As of June 30, 1987, there were 14,151 metered connections to the EnTerprise, including 262 connections within unincorporated areas of Alameda County. A four-year history of metered cCnnections, distributed by user type, is shown in the tabulation below: City of Pleasanton Distribution of Metered Connections By User Type Years Ending June 30 User TyIDe 1984 1985 1986 1987 Single Family Residential 10,090 11,288 11,888 12,420 Multiple Family-Apartment Units 306 315 316 319 Commercial 375 446 525 580 Government Buildings 60 60 61 61 Industrial 36 37 37 37 Trailer Parks 26 26 26 26 Schools 16 16 16 16 Churches 14 14 14 14 Parks 14 14 16 16 Landscape 180 262 324 400 Total: 11,117 12,478 13,223 13,889 Outside City Limits: 260 262 262 262 TOTAL: 11,377 12,740 13,485 14,131 Source: City of Pleasanton Water Department. 13