Adopted by the Board June 20, 2006, Effective July 1, 2006
For the many years the Palomino Lakes Mutual Water Company
has granted credits to a property owner’s or renter’s water bill as a result of
water leaks on individual properties. The
current policy concerning leak credits is unclear and thus subject to
interpretation, has resulted in a burden on the Board, and has been poorly
communicated to property owners and renters.
We have revised the existing policy so that PLMWC will have a more
useful and understandable water leak adjustment procedure. In revising the policy the Board relied
heavily on the City of
When, on a rare occasion, a water leak occurs as a result of a crack, breech, or flaw in the property owner’s system, the PLMWC will grant a limited leak credit under certain conditions. All of the following conditions must be met.
Water leak credits are limited to $200 and only one credit will be granted to a property owner during any five-year period. While renters may request and be granted credit, the five year period is based upon the property owner’s length of ownership and not the renter’s tenancy.
To determine normal usage, consumption will be compared to
the same period of the
past previous year. If the account is new and does not have a previous
year history the PLMWC board will estimate consumption.
The decision to grant leak credits rests solely with the PLMWC board.