1-20-4: GUARANTEE REQUIREMENTS:
 
Title
Classification
Type
Form
Amount
Code Section
Title 7: Public Ways And Property
 
 
 
 
 
 
Water rates
Temporary water meter rate
Security deposit
2 xs the village water rate for temporary meters
 
 
Public ways and property, village waterworks system, temporary building construction water security deposit
Not less $1,000.00 nor more $5,000.00
 
7-5-6
(C)1
 
 
Public ways and property, village waterworks system, temporary construction contractors’ security deposit for water meter to take water from hydrants, permit fee, meter rental charge, water rate
Security deposit (based on meter size - in inches):
- $250.00
¾ - $250.00
1 - $300.00
1½ - $500.00
2 - $1,600.00
3 - $2,000.00
 
7-5-6
(D)3(b)
 
 
Water main construction performance guarantee
 
110% of the estimated cost of improveme nts
 
(Ord. 2021-4921, 9-20-2021; amd. Ord. 2021-4944, 1-17-2022)