8-1-5: WATER RATES AND DEPOSITS:
   A.    Monthly Rates: There shall be and there are hereby established monthly rates and charges for water of the Village, based upon the amount of water consumed, as shown by the water meter readings, such rates and charges hereby established being as follows:
      1.   Commencing March 1, 2013, the monthly rate shall increase to thirty four dollars twenty nine cents ($34,29) per one thousand (1,000) cubic feet ($12.00 per 350 cubic feet and $20.57 per 600 cubic feet). Provided that the minimum charge for water service will be twelve dollars ($12.00) for each monthly period or fraction thereof.
      2.   Commencing June 1, 2013, the monthly rate shall increase to thirty five dollars two cents ($35.02) per one thousand (1,000) cubic feet ($12.26 per 350 cubic feet and $21.01 per 600 cubic feet). Provided that the minimum charge for water service will be twelve dollars twenty six cents ($12.26) for each monthly period or fraction thereof.
      3.   The minimum charge for water service shall increase automatically with no further action necessary on the part of the Village Board, as follows: commencing July 1, 2024, the minimum charge will be twenty-two dollars ($22.00) for each monthly period or fraction thereof; commencing July 1, 2025, the minimum charge will be twenty-seven dollars ($27.00) for each monthly period or fraction thereof; commencing July 1, 2026, the minimum charge will be thirty-two dollars ($32.00) for each monthly period or fraction thereof; and commencing July 1, 2027, the minimum charge will be thirty-seven dollars ($37.00) for each monthly period or fraction thereof.
   B.   Outside Corporate Limits: Users of water of the Village located outside of the corporate limits of the Village shall pay double the rate charged for water consumed by users within the Village limits as set forth in subsection A of this section.
   C.   Water Deposit: A deposit of one hundred dollars ($100.00) shall be made with each application for water service, or for the reinstatement of said service, for a residential consumer, and the sum of one hundred dollars ($100.00) shall be made with each application for water service, or for the reinstatement of said service, for a commercial or industrial consumer. The deposit so required shall be returned to the applicant upon termination of the water service and upon payment of all amounts due the Village for water or sewerage service rendered. If at any time payment to the Village for the charges to which the Village is entitled for water services rendered is not made as required, the Village Clerk shall credit the amount owing with all or so much of said deposit as may be necessary to pay said charges. The provisions of this section shall not be taken or deemed to be a waiver of the provisions for nonpayment of bills in section 8-1-7 of this chapter or the right of the Village to refuse water and sewerage service to any person whose account shall be unpaid.
   D.   Potable Water Service Charges; Billing And Administration: The potable water service charge for the use of and for service supplied by the potable water facilities of the Village shall consist of a basic water charge for operation and maintenance plus replacement; and, if applicable, a debt charge.
      1.   The debt service charge shall be computed by dividing the annual debt service of all outstanding revenue bonds by the number of users. Through further divisions, the monthly debt service charge can be computed.
      2.   The adequacy of the basic water charge shall be reviewed, not less often than annually, by certified public accountants for the Village in their annual audit report. The basic water service charge shall be revised periodically to reflect a change in local capital costs or operation and maintenance, plus replacement costs.
   E.   Access To Records: The IEPA or its authorized representative shall have access to any books, documents, papers and records of the Village which are applicable to the Village system of user charges for the purpose of making audit, examination, excerpts and transcriptions thereof to ensure compliance with the terms of the loan agreement and rules of any State loan.
   F.   Appeals: The method for computation of rates and service charges established for user charges herein shall be made available to a user within thirty (30) days of receipt of a written request for such. Any disagreement over the method used or in the computations thereof shall be remedied by the Village Board within thirty (30) days after notification of a formal written appeal outlining the discrepancies. (1979 Code § 7-4-4; amd. Ord. 02-01-08, 2-12-2008; Ord. 05-02-10, 5-11-2010, eff. 5-12-2010; 2017 Code; Ord. 07-01-19, 7-23-2019; Ord. 24-09, 06-25-2024)