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G-921 - 04/13/2010 - WATER - Ordinances Supporting DocumentsITEM 6.F.3) AGENDA ITEM Regular Board of Trustees Meeting of April 13, 2010 SUBJECT: Water Rate Adjustment FROM: Michael Hullihan, Public Works Director ! to � E BUDGET SOURCE/BUDGET IMPACT: Impacts Water Fund Revenue RECOMMENDED MOTION: I move that the Village Board approve Ordinance G- 921,AN ORDINANCE AMENDING CHAPTER 5 OF TITLE 8 OF THE VILLAGE CODE OF THE VILLAGE OF OAK BROOK, ILLINOIS RELATING TO WATER CHARGES Back ground /History: The Du Page Water Commission (DWC) has announced a rate hike effective May 1, 2010. This rate increase was necessitated by exhaustion of most of their reserves. The rate increase will amount to $0.60 per thousand gallons of water. The attached ordinance would pass this rate increase to Village of Oak Brook water system customers by increasing all categories of water rates by $0.60 effective May 1, 2010. Residential rates, which were increased to $3.79 per 1000 gallons last November, will now be $4.39 per 1000 gallons. Non - residential rates will be increased from $4.79 to $5.79 per 1000 gallons. Recommendation: I recommend approval of the attached water rate increase ordinance. ,)N\ ORDINANCE 2010 -WA -G -921 AN ORDINANCE AMENDING CHAPTER 5 OF TITLE 8 OF THE VILLAGE CODE OF THE VILLAGE OF OAK BROOK, ILLINOIS RELATING TO WATER CHARGES WHEREAS, the President and Board of Trustees of the Village of Oak Brook, Illinois have heretofore, by ordinance established rates, fees, and service charges for water usage; and WHEREAS, the President and Board of Trustees deem a revision of the water rates, fees, and charges, and the passage of this Ordinance to be in the best interest and in pursuance of the general welfare of the Village; NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF OAK BROOK, DU PAGE AND COOK COUNTIES, ILLINOIS as follows: Section 1: That Section 8 -5 -2 -G of the Village Code of the Village of Oak Brook, Illinois be and is hereby deleted in its entirety and replaced as follows: G. Water Consumption Charges 1) A monthly service charge of seven dollars ($7.00) per customer account is hereby imposed, effective for any billing periods after January 1, 2003, 2) Effective May 1, 2010 water shall be charged at the rate of four dollars and thirty -nine cents ($ 4.39) per thousand gallons for customers in the corporate limits of the Village of Oak Brook and at the rate of five dollars and thirty-nine cents ($5.39) for customers outside the corporate limits of the Village of Oak Brook. 3) Effective May 1, 2010 water drawn from the hydrant at 3003 Jorie Boulevard shall be charged at a rate of six dollars and five cents ($6.05) per thousand gallons. Section 2: That all ordinances in conflict with the provisions of this Ordinance are hereby repealed to the extent of such conflict. Section 3: That this Ordinance shall be in full force and effect from and after passage, approval and publication, as provided by law. Section 4: The Village Clerk is hereby authorized and directed to publish this Ordinance in pamphlet form as required by law. APPROVED THIS 13th day of April, 2010. John W. Craig Village President PASSED THIS 13" day of April, 2010. Nays: ATTEST: Charlotte K. Village Clerk Ordinance 2010 -WA -G -921 Water Rates 2010 Page 2 of 2