Explanation
BACKGROUND: The Department of Public Utilities recommends refunding fees to Homewood Corporation, 2700 Dublin Granville Rd., Columbus, Ohio 43231 (547108-1435922) for overpayment of system capacity charges and water meter fees. The customer has a credit balance of $37,919.50 due to an adjustment resulting from the Patrick's Square Apartments construction project being cancelled. On December 16, 2015, Homewood paid for a 3” domestic water meter and system capacity fees which cost $37,919.50. On March 3, 2016, they requested a cancellation of the charges and a refund because the project had been cancelled.
Contract Compliance is not required as this refund is necessary to our customer to whom we have agreed to provide water services.
FISCAL IMPACT: There is no budgetary impact because we are returning a portion of funds the customer paid. Revenues are not significantly impacted by this legislation.
Title
To authorize the Director of Public Utilities to refund fees to Homewood Corporation for overpayment of water meter fees and system capacity charges; and to authorize a revenue reduction transaction of $37,919.50 for water meter fees and system capacity charges. ($37,919.50)
Body
WHEREAS, the Department of Public Utilities recommends refunding fees to Homewood Corporation, 2700 Dublin Granville Rd., Columbus, Ohio 43231 (547108-1435922) for overpayment of water meter fees and system capacity changes, and
WHEREAS, the adjustment was made after the customer paid for a 3” domestic water meter and system capacity charges which cost $37,919.50. After making payment, the customer requested a cancellation of the charges and a refund because the construction project they were purchased for had been cancelled.
WHEREAS, it has become necessary in the usual daily operation of the Department of Public Utilities to authorize the Director of Public Utilities to refund fees to Homewood Corporation, 2700 Dublin Granville Rd., Columbus, Ohio 43231 (54...
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