Town of Vici Ordinance No. 9-26

ORDINANCE NO. 9-26

AN ORDINANCE OF THE TOWN OF VICI, OKLAHOMA, AMENDING TITLE 9, CHAPTER 1, SECTION 3 OF THE CODE OF ORDINANCES OF THE TOWN OF VICI BY ESTABLISHING A NEW SUBSECTION 9-1-3(C); PROVIDING FOR AN ANNUAL ADJUSTMENT TO WATER RATES; ESTABLISHING AN ANNUAL INCREASE OF THREE PERCENT (3%); PROVIDING FOR ADMINISTRATION OF THE RATE ADJUSTMENT; PROVIDING FOR SEVERABILITY; REPEALING CONFLICTING PROVISIONS; AND DECLARING AN EFFECTIVE DATE.

BE IT ORDAINED BY THE BOARD OF TRUSTEES OF THE TOWN OF VICI, OKLAHOMA:

SECTION 1. PURPOSE

The Board of Trustees finds that the continued operation, maintenance, repair, improvement, and replacement of the Town’s water system requires adequate and dependable revenues.

The purpose of this Ordinance is to establish a predictable annual adjustment to water rates to assist the Town in meeting increasing costs associated with providing safe and reliable water service and maintaining the Town’s water infrastructure.

SECTION 2. AMENDMENT TO TOWN CODE - ESTABLISHMENT OF SECTION 9-1-3(C)

Title 9, Chapter 1, Section 3 of the Code of Ordinances of the Town of Vici, Oklahoma, is hereby amended by establishing a new subsection 9-1-3(C), which shall read as follows:

9-1-3(C). ANNUAL WATER RATE ADJUSTMENT.

Beginning Jan 1, 2027, and on the same date each year thereafter, all water usage rates and monthly water service charges established by the Town of Vici automatically increase by three percent (3%) over the rates and charges in effect immediately prior to the annual adjustment.

Each annual increase shall be calculated using the water rates and charges then in effect so that the three percent (3%) adjustment is cumulative from year to year.

Following calculation of the annual three percent (3%) adjustment, the resulting rate or charge may be rounded to the nearest cent for billing purposes.

The Town Clerk and other appropriate Town personnel are authorized and directed to calculate and implement the annual water rate adjustment established by this subsection. The updated rates shall be incorporated into the Town’s utility billing system without the necessity of adopting a separate ordinance each year, unless otherwise required by law.

SECTION 3. BOARD AUTHORITY

Nothing in this Ordinance or in Section 9-1-3(C) of the Code of Ordinances shall prevent the Board of Trustees from reviewing the financial condition of the water utility or from amending, increasing, decreasing, suspending, or otherwise modifying water rates by subsequent ordinance when the Board determines such action to be necessary or appropriate.

SECTION 4. SEVERABILITY

If any section, subsection, sentence, clause, phrase, or portion of this Ordinance is for any reason held invalid or unconstitutional by a court of competent jurisdiction, such portion shall be deemed a separate, distinct, and independent provision, and such holding shall not affect the validity of the remaining portions of this Ordinance.

SECTION 5. REPEALER

All ordinances or parts of ordinances in conflict with the provisions of this Ordinance are hereby repealed to the extent of such conflict.

SECTION 6. EFFECTIVE DATE

This Ordinance shall become effective January 1, 2027 following its passage, approval, and publication as required by law.

PASSED AND APPROVED by the Board of Trustees of the Town of Vici, Oklahoma, this 21 day of September 21, 2026.

/s/Nick Campbell

Chairman, Board of Trustees

ATTEST:

/s/Kari Lipham

Town Clerk

Approved as to form and legality:

/s/Ryan Meacham

Town Attorney