927.04  RATES.
   (a)   The foregoing rules and regulations are subject to revision from time to time.  Any change in rates shall not apply to the current term for which any consumer may have paid for water.
 
   (b)   Penalty for late payment of quarterly bill shall be ten percent (10%) of billed amount.
 
   (c)   Hydrant charge for bulk water use.  Village reserves the right to meter water used by Contractors or other bulk users.  Charges for bulk water sale shall be governed by Administrative Policy. 
(Ord. 36-86.  Passed 1-27-87; Ord. 9-88.  Passed 4-26-88.)
 
   (d)   Rates.
 
Revised Rate Structure-Five Year Period
Year 1
0-5,000 gallons
$39.98 Minimum
Effective on all billings beginning after May 31, 2018
5001-50,000 gallons
50,001-150,000 gallons
Over 150,000 gallons
$2.15 per 1,000 gallons
$1.82 per 1,000 gallons
$1.65 per 1,000 gallons
Year 2
0-5,000 gallons
$47.97
Effective on all billings beginning after May 31, 2019
5,001-50,000 gallons
50,001-150,000 gallons
Over 150,000 gallons
$2.57 per 1,000 gallons
$2.18 per 1,000 gallons
$2.03 per 1,000 gallons
Year 3
0-5,000 gallons
$57.56
Effective on all billings beginning after May 31, 2020
5,001-50,000 gallons
50,001-150,000 gallons
Over 150,000 gallons
$3.09 per 1,000 gallons
$2.62 per 1,000 gallons
$2.43 per 1,000 gallons
Year 4
0-5,000 gallons
$59.15   
Effective on all billings beginning after May 31. 2021
5,001-50,000 gallons
50,001-150,000 gallons
Over 150,000 gallons
$3.17 per 1,000 gallons
$2.69 per 1,000 gallons
$2.50 per 1,000 gallons
Year 5
0-5,000 gallons
$60.77
Effective on all billings beginning after May 31, 2022
5,001-50,000 gallons
50,001-150,000 gallons
Over 150,000 gallons
$3.26 per 1,000 gallons
$2.77 per 1,000 gallons
$2.57 per 1,000 gallons
Penalty assessed at 10%.
(Ord. 13-18.  Passed 4-10-18.)