(a)    It is hereby declared to be in the best interests of the Village of New London to form a structure and procedures designed to better manage storm water and provide for storm drainage improvements, thus reducing combined sewer overflows, recognizing that all real property within the Village will benefit from the installation of an adequate storm drainage system, and that the cost of such a system should, therefore, be assessed against such property.
   (b)    There is hereby established in the Village of New London a storm water drainage utility, the Village hereby declaring its intention to acquire, own, construct, equip, operate, and maintain open drainage ways, underground drains, equipment and appurtenances necessary, useful, or convenient for a  complete storm water drainage system, including the maintenance, extension, construction, reconstruction and improvement of the present storm drainage system.  Notwithstanding the foregoing, the improvement of both public and private storm drainage facilities through or immediately adjacent to a new development shall remain the responsibility of the developer.  Further, nothing in this chapter is intended or shall be construed to create any obligation for the Village to maintain any drainage ways within property not owned by the Village or to alter the legal obligations of private property owners. 
   (c)   The Village Administrator shall manage, conduct, and control the Storm Water Drainage Utility, and is authorized to develop and adopt plans, policies, and regulations necessary or desirable for the regulation and operation of said utility.
   (d)    No portion of this chapter or any statement herein or subsequent Council interpretation or policies shall relieve a property owner of assessments otherwise authorized by law and levied against his property for any public facility improvements projects.
(Ord. 05-02.  Passed 4-5-05.)