(A) The rates for water supply and sewage disposal shall be established from time to time by resolution of the Village Council. Such rates shall be based on a volume usage charge.
(B) The volume usage charge covers the administration and operation, maintenance and repairs, repayment, and/or refunding of outstanding debt, any reserves required by the bonding instrument and future capital needs of the respective systems. The village applies the charge to every user of water supply service and/or sewage disposal service when the meter registers water flow.
(1984 Code, § 7-01-02-090) (Ord. 277, passed 6-10-1997; Ord. 352, passed 11-10-2002; Ord. 373, passed 3-24-2005; Ord. 392, passed 6-15-2008)