City of Boulder Interest on Security Desposits
The Boulder City Council will conduct the next review of the proposed ordinance on January 20. The language supported by the BCAA for the ordinance is as follows:
"Interest rates paid upon the refund of security deposits shall be determined by the city manager by averaging the interest rates being paid on one-year certificates of deposit by three banks doing business within the city that, in the view of the manager, provide indicia of being significant participants in the local banking industry. This average rate will be calculated as of December 15 of each year, or if that date falls on a weekend or holiday, the first business day thereafter. The manager's determinations of the rate shall be final. The rate shall be published in a newspaper of general circulation or posted on a city internet site that is accessible to members of the general public. The average interest rate so determined shall be rounded to more than two decimal points. It shall be come the rate of interest paid on any security deposit that is refunded during the calendar year starting on January 1 of the year immediately following the date of the manager's decision."
Water rates may change
The City of Boulder is considering changes in how they bill for water usage. There are several options under consideration including calculations based upon lot size, average indooor water usage per household, and even different rates for summer and winter. There are two public meetings scheduled at ...
Reminder: City of Boulder Snow Removal Regulations
The City of Boulder regulations require that sidewalks are cleared of snow by noon of the day after a snowfall. Residents are responsible to shovel the sidewalks and can be fined if they don't do so. Violators receive one warning per season, with a summons issued for the next violation. First time violators recieve $100 fines. In the year 2002, 863 snow removal violations tickets were issued.
