§ 50.148  WATER TOWER FEE.
   (A)   Upon the effective date of this section, all new water utility customers in the village shall be required to pay a water tower fee. Such water tower fee is to be paid at the time connection permits are issued, and before connection to the water system is made.
   (B)   This water tower fee shall be as set forth in the village's fee schedule, as adopted by reference in § 36.05.
   (C)   The proceeds of this water tower fee shall be held in a separate and distinct fund, designated the "Water Tower Improvement Fund", and shall be encumbered along with interest earned for the purpose of financing capital improvements to the water supply system to meet increased demand, improve system efficiency, or meet federal, state, and local regulations.
(Ord. 95-190, passed 12-4-1995; Ord. 97-104, passed 2-3-1997; Ord. 97-168, passed 11-17-1997; Ord. 2019-043, passed 9-3-2019) Penalty, see § 50.999