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HomeMy Public PortalAboutOrdinance 1174w ' ORDINANCE N0. 1174 CHAPTER 8 SECTION 8 AN ORDINANCE ESTABLISHING A WATER AND SEWER EXPANSION AND EXTENSION CONNECTION FEE WHEREAS, a water and sewer expansion and extension connection fee is hereby established to reimburse the Village of Plainfield far its cost in extending sewer and water lines to serve new and additional users and to increase its capacity to produce and transport water and to transport and treat sewage. WHEREAS, the Village may provide, at its own initial expense, for the drilling of wells and the construction of expansions and extensions of its water supply system and for the increase in size of its sewage treatment plant and the extension and expansion of its sewer mains to certain areas within the Village of Plainfield. WHEREAS, in doing so, the Village of Plainfield seeks to provide a material benefit to the property owners abutting such improvements and to encourage the development of such property. WHEREAS, to reimburse the Village of Plainfield for funds so expended the Village hereby establishes a water and sewer expansion and connection fee. NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF PLAINFIELD AS FOLLOWS: That Chapter 8, Section 8-56 is amended in its entirety to read as follows: I. A water and sewer expansion and extension connection fee is hereby instituted and shall be based upon prorated share of the cost of said exploration, construction, and extension, which cost was required to provide the sewer and water services being made available to the new or additional users and to reimburse the Village of Plainfield for funds so expended. II. The water and sewer expansion and extension connection fee shall be based upon all such costs including but not limited to engineering fees, supervision, legal fees, financing, land costs, and construction. III. That upon the completion of any water or sewer trunk line extension such costs shall be divided by the total population equivalent to be served, here and after referred • M to as " P.E.", and as adopted in the Village's Chapter 8, Section 8-56. defa.ned per the schedule previously sewer tap on fee Ordinance No. 1171, IV. The water and sewer expansion and extension connection fee P.E. commonly known as the "Trunk Main Service Charge", shall be determined by multiplying the number of P.E. times the above described costs per P.E. V. Such charge shall be in addition to any tap on fees as set forth in Chapter 8 Section 8-56 of the Code of ordinances of Village of Plainfield as well as any other usage charges assessed or established elsewhere in the Code of Ordinances. VI. Dis osition of Revenue Received. Revenue from the water and sewer connection tap on fees and water and sewer expansion and extension connection fees shah. be deposited into a fund known as, "The Water Works and Sewer Expansion and Extension Connection Fund". The funds shall be used to retire debt service and to otherwise pay for the costs as set forth in Section II of this Ordinance as incurred in the expansion and extension of the water and sewer system, the monies to the credit of such fund may be invested from time to time by the Treasurer of the Village of Plainfield as provided by law and all accrued interest on any investment shall be credited to such fund. VI. This Ordinance shall be effective _ 1988 and numbered as Ordinance No. 1174 The foregoing ordinance was adopted on October 3, 1988 roll call vote as follows: Ayes: 5 - D. Gullicksen, K. Callanan, D. Lewin J. Dement, L. Kelly Nays: 0 Approved: ober 3 1988 i? y V' age resident October 4,