Loading...
1985-012w ORDINANCE NO. 85 - 12 AN ORDINANCE AMENDING SECTIONS 13.04.190 AND 13.04.290 of TITLE 13 OF THE VILLAGE OF BUFFALO GROVE MUNICIPAL CODE WHEREAS, the Village of Buffalo Grove is a Home Rule Unit pursuant to the Illinois Constitution of 1970; and WHEREAS, the Village of Buffalo Grove has determined that it is necessary to revise its user rates and fees for the operational and maintenance expenses incurred within the Waterworks and Sewerage Fund, along with the debt servicing charges also incurred within the Fund; and WHEREAS, the Village of Buffalo Grove has prepared a Municipal Water Policy/ Rate Study which was adopted by the President and Board of Trustees on November 15, 1982 and amended on July 18, 1983, the methodology of which lead to the development of the following rate and fee structure; and WHEREAS, the following rates and fees will be required to properly fund the budgeted operational and maintenance expenses and debt servicing requirements for the fiscal year to begin on May 1, 1985. NOW, THEREFORE BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF BUFFALO GROVE, COOK AND LAKE COUNTIES, ILLINOIS, the following: SECTION 1. Section 13.04.190, Rates, Subsections B, C, D, E, and F, of the Village of Buffalo Grove Municipal Code are amended to read as follows: B. In addition to the charges set forth in Subsections C through F, each user consumer of water service shall be billed and pay bimonthly at the rate of one dollar and sixty -two cents ($1.62) per one thousand gallons of water consumed. C. A_basic charge of three dollars ($3.00) per month to each user /consumer of water service in both Cook County and Lake County portions of the Village, which charge is necessary for the purpose of fulfilling the obligation of the debt service and reserve account requirements of the outstanding combined water and sewer revenue bond ordinance of the Village'. D. A basic charge of one dollar and forty -five cents ($1.45) per month to each user /consumer of water service in both Cook County and Lake County portions of the Village, which charge is necessary for the purpose of fulfilling the obligation of the debt service requirements of the outstanding Corporate Purpose Bonds - Series 1981 general obligation bonds authorized under Village Resolution No. 81 -17. 0 0 E. A basic charge of five dollars and ninty -five cents ($5.95) per month to each user /consumer of water service in both Cook County and Lake County portions of the Village, which charge is necessary for the purpose of fulfilling the obligation of the debt service requirements of the outstanding Corporate Purpose Bonds - Series 1984 general obligation bonds authorized under Village Resolution No. 84 -8 F. A basic charge of three dollars and sixty cents ($3.60) per month to each user /consumer of water service in both Cook County and Lake County portions of the Village, which charge is necessary for the purpose of fulfilling the Village's contractual obligation for debt servicing requirements of the Northwest Water Commission revenue bonds authorized for the completion of the capital construction of the Commission's Transmission System. SECTION 2. Section 13.04.290, Sewer Use Charges, Subsection E, User Charge Rate, of the Village of Buffalo Grove Municipal Code is amended to read as follows: E. User Charge Rate. The following unit charge shall be applied to each user's billable flow: 1. The basic unit charge for operation, maintenance, and replacement shall be twenty -three cents ($.23) per one thousand gallons of water consumed. 2. The bimonthly fixed rate for all non - metered residential users shall be four dollars and nineteen cents ($4,19) per bimonthly period. SECTION 3. This ordinance shall be in full force and effect from and after its passage and approval in the manner provided by law as of May 1, 1985• AYES: 6 - Marienthal,. Stone, O'Reilly, Hartstein, Glover, Reid NAYES: 0 - None ABSENT: 0 - None PASSED: March 18 1g85. APPROVED: March 18 ,.1985. 'Vi'llage President ATTEST: Vill6g6 Clerk r ORDINANCE NO. 85 - 12 AN ORDINANCE AMENDING SECTIONS 13.04.190 AND 13.04.290 of TITLE 13 OF THE VILLAGE OF BUFFALO GROVE MUNICIPAL CODE WHEREAS, the Village of Buffalo Grove is a Home Rule Unit pursuant to the Illinois Constitution of 1970; and WHEREAS, the Village of Buffalo Grove has determined that it is necessary to revise its user rates and fees for the operational and maintenance expenses incurred within the Waterworks and Sewerage Fund, along with the debt servicing charges also incurred within the Fund; and WHEREAS, the Village of Buffalo Grove has prepared a Municipal Water Policy/ Rate Study which was adopted by the President and Board of Trustees on November 15, 1982 and amended on July.18, 1983, the methodology of which lead to the development of the following rate and fee structure; and WHEREAS, the following rates and fees will be required to properly fund the budgeted operational and maintenance expenses and debt servicing requirements for the fiscal year to begin on May 1, 1985. NOW, THEREFORE BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF BUFFALO GROVE, COOK AND LAKE COUNTIES, ILLINOIS, the following: SECTION 1. Section 13.04.190, Rates, Subsections B, C, D, f, and F, of the Village of Buffalo Grove Municipal Code are amended to read as follows: B. In addition to the charges set forth in Subsections C through F, each user consumer of water service shall be billed and pay bimonthly at the rate of one dollar and sixty -two cents ($1.62) per one thousand gallons of water consumed. C. A -basic charge of three dollars ($3.00) per month to each user /consumer of water service in both Cook County and Lake County portions of the Village, which charge is necessary for the purpose of fulfilling the obligation of the debt service and reserve account requirements of the outstanding combined water and sewer revenue bond ordinance of the Village. D. A basic charge of one dollar and forty -five cents ($1.45) per month to each user /consumer of water service in both Cook County and Lake County portions of the Village, which charge is necessary for the purpose of fulfilling the obligation of the debt service requirements of the outstanding Corporate Purpose Bonds - Series 1981 general obligation bonds authorized under Village Resolution No. 81 -17. r E. A basic charge of five dollars and ninty -five cents ($5.95) per month to each user /consumer of water service in both Cook County and Lake County portions of the Village, which charge is necessary for the purpose of fulfilling the obligation of the debt service w" requirements of the outstanding Corporate Purpose Bonds - Series 1984 general obligation bonds authorized under Village Resolution No. 84 -8 F. A basic charge of three dollars and sixty cents ($3.60) per month to each user /consumer of water service in both Cook County and Lake County portions of the Village, which charge is necessary for the purpose of fulfilling the Village's contractual obligation for debt servicing requirements of the Northwest Water Commission revenue bonds authorized for the completion of the capital construction of the Commission's Transmission System. SECTION 2. Section 13.04.290, Sewer Use Charges, Subsection E, User Charge Rate, of the Village of Buffalo Grove Municipal Code is amended to read as follows: E. User Charge Rate. The following unit'charge shall be applied to each user's billable flow: 1. The basic unit charge for operation, maintenance, and replacement shall be twenty -three cents ($.23) per one thousand gallons of water consumed. 2. The bimonthly fixed rate for all non - metered residential users shall be four dollars and nineteen cents ($4,19) per bimonthly period. SECTION 3. This ordinance shall be in full force and effect from and after its passage and approval in the manner provided by law as of May 1, 1985. AYES: NAYES: 6 - Marienthal, Stone, O'Reilly, Hartstein, Glover, Reid 0 - None ABSENT: 0 - None PASSED: March 18 1985. APPROVED: March 18 1985• - 'Village President V ATTEST: r. Villdg,6 Clerk 1 1