(A) The city administration shall present information to the corporate authorities of the city concerning the water rates provided for in this subchapter on an annual basis, for the purpose of determining whether the rates need to be adjusted.
(B) The water rates provided for in this subchapter shall not be increased more than 5% per year.
(1990 Code, § 30-112) (Ord. 98-1862, passed 10-19-1998; Ord. 03-2094, passed 3-17-2003)