(A) All property upon which any building has been or may hereafter be erected except commercial or industrial property, having a connection with any existing mains or pipes or which may hereafter be constructed and used in connection with the village water system, shall pay the following rates bi-monthly:
Beginning: February 20, 2013
| |
Minimum: | 6,000 gallons/two months |
$4.75 per | 1,000 gallons |
The minimum bi-monthly charge shall be 6,000 gallons times the current water rate. | |
Every subsequent year, starting February 20, 2014, the water rate will be increased $1.00 per 1,000 gallons per year until the Water Fund is self-sufficient and has paid off its General Fund debts. After the Water Fund is self-sufficient and has paid off its General Fund debts, the per usage fee shall be annually indexed by the Village Treasurer to the Illinois Municipal League's Municipal Price Index (MPI), with any such adjustment being calculated as of the start of each May 1st and rounded to the nearest 25-cent amount.
(B) All property upon which any building has been or may hereafter be erected or used for commercial or industrial purposes, having a connection with any existing mains or pipes or which may hereafter be constructed and used in connection with the village water system, shall pay the following rates monthly:
Beginning: February 20, 2013
| |
Minimum: | 3,000 gallons/month |
$5.00 per | 1,000 gallons |
The minimum bi-monthly charge shall be 3,000 gallons times the current water rate. | |
Every subsequent year, starting February 20, 2014, the water rate will be increased $1.00 per 1,000 gallons per year until the Water Fund is self-sufficient and has paid off its General Fund debts. After the Water Fund is self-sufficient and has paid off its General Fund debts, the per usage fee shall be annually indexed by the Village Treasurer to the Illinois Municipal League's Municipal Price Index (MPI), with any such adjustment being calculated as of the start of each February 1st and rounded to the nearest 25-cent amount per 1,000 gallons.
(Ord. 71-140, passed 10-14-1971; Ord. 07-950, passed 12-13-2007; Ord. 07-952, passed 12-13-2007; Ord. 10-1003, passed 1-14-2010; Ord. 11-1036, passed 4-14-2011; Ord. 13-1073, passed 2-14-2013)