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S-355 - 03/23/1976 - STREETS - Ordinances ORDINANCE NO. 325_�rj' AN ORDINANCE AMENDING SECTION 2.C.9 : OF ARTICLE VIII OF ORDINANCE NO. 5-2771 AS AMENDED, PROVIDING FOR A. WATER MAIN EXPANSION AND EXTENSION CONNECTION FEE WHEREAS, the Village of Oak Brook provides water to certain areas within and without the Oak Brook Village boundaries; and WHEREAS, the Village maintains, installs and operates certain waterworks to provide the said water; and WHEREAS, the President and Board of Trustees, pursuant to the provisions of Section 11 - Division 150-1 of the Illinois Municipal Code and all laws amendatory thereof and supplementary thereto, did pass and approve Ordinance No. 5-340 on September 23, 1975; and WHEREAS, said Ordinance No. 5-340 did amend Ordinance No. 5-277 by adding thereto Section 2.C.9. of Article VIII of said Ordinance, thereby establishing a Water Main Expansion and Extension Connection Fee; and WHEREAS, the President and Board of Trustees deem the revision and clarification of the provisions establishing a Water Main Expansion and Extension Connection Fee to be in the best interest and pursuant to the general welfare of the Village. NOW, THEREFORE, BE IT ORDAINED by the President and Board of Trustees of the Village of Oak Brook, DuPage and Cook Counties, as follows: SECTION 1: The provisions of the preamble hereinbefore set forth are restated herein as though herein fully set forth. SECTION 2: Section 2.C.9. of Article VIII of Ordinance No. 5-277, as amended, is hereby amended to read as follows: 119 . Water Main Expansion and Extension Connection Fee . A Water Main Expansion and Extension Connection Fee is hereby established to partially reimburse the Village for the cost of extending water lines to serve new and additional users and to increase its capacity to produce and transport water. This fee shall be in addition to any and all other fees provided in this Ordinance No. 5-277, as amended. The Village of Oak Brook may provide, at its own initial expense, for the drilling of wells and the construction of expansions and extensions of its water supply system to certain areas within the Village and in areas outside the Village, but within the accredited area of the Oak Brook Utility Company. In so doing, the Village seeks to provide a material benefit to the property owners abutting such improvements. To partially reimburse the Village for such costs, the Village creates a Water Main Expansion and Extension Connection Fee . Such fee shall be equal to forty-five percent (45%) of the capital cost to the Village involved in the expansion or extension of the system determined on a per-user basis, if paid in the year in which the expansion or extension of the system is accepted by the Village . Such capital cost shall include all costs incurred by the Village in such expansion or extension of the system, including, but not limited to, engineering fees, supervision, legal fees, land costs, material costs, and construction. In the event said fee is not paid in full at the time described above, the fee shall increase at the rate of six percent (6%) per year for each and every subsequent year or fraction thereof until paid, commencing with the year following the year in which the expansion or extension of the system is accepted by the Village . The Village shall determine the potential number of users to connect to the expansion or extension of the system and prorate the total fee over the number of parcels with a potential for connection to the expanded or extended part of the system. Each parcel shall be subject to its prorated share of said fee as determined by the Village . The Village, in lieu of a. lump sum payment, shall consider payment of such fee over a period not to exceed three (3) years, if the same is requested in writing . The revenue received by the Village from the Water Main Expansion and Extension Connection Fee shall be used by the Village for its general corporate purposes, with primary application thereof being made to the necessary expansion of the system to meet the requirements of new or additional users thereof; such fund shall be placed, until they are used, into a fund which shall be known as the "Water System Expansion Connection Fund. The monies to the credit of such fund may be invested from time to time by the Treasurer of the Village as provided by law. All accrued interest on any investments shall be credited to such fund. The Village may accept a donation of construction, expansion, or extension of the works of its system in lieu of all or „ part of the connection fees established by this Ordinance . SECTION 3: All ordinances, rules and regulations of the Village of Oak Brook which are in conflict with the provisions of this Ordinance are hereby repealed to the extent of the conflict. SECTION 4: If any section, sub-section, sentence, clause or phrase of this Ordinance is for any reason held to be invalid, such determination shall not affect the validity of any remaining portion of this Ordinance . SECTION 5: This Ordinance shall be in full- force and effect from and after its passage, approval and publication in pamphlet form as provided by law. PASSED and APPROVED by the President and Board of Trustees of the Village of Oak Brook this day of 1976 APPROVED 'f President ATTEST: Village Clerk AYES: NAYS: ABSENT: Filed in the Office of the Village Clerk and published in pamphlet form by authority of the President and Board of Trustees of the the of Oak Brook this S day of ' , 1976 . APPROVED AS TO FORM: Village Clerk 1 iTj. • Village Attorney -2-