HomeMy WebLinkAboutORDINANCES-2005-094-O-05• 8/15/2005
8/2/2005
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AN ORDINANCE
Amending the Evanston City Code
Title 7, Chapter 13, Section 3(A) Relating
To the Sewer User Rates
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF
THE CITY OF EVANSTON, COOK COUNTY, ILLINOIS:
SECTION 1: That Section 7-13-3(A) of the City Code of Evanston be
and is hereby amended to read as follows:
7-13-3: SEWER USER RATES:
(A) There is hereby established a sewer user charge for the use of, and for
• service supplied by, the wastewater collection facilities of the City which shall
consist of an operation, maintenance and replacement charge (OM&R), a capital
charge, and a debt service charge.
1. Operation Maintenance and Replacement Charge (OM&R): The
OM&R charge is levied on all users to recover the operation, maintenance and
replacement costs and is computed by apportioning the annual OM&R costs less
any investment income derived from operating cash per one hundred (100) cubic
feet of metered water sales as recorded by City water meters. Income derived from
the investment of OM&R revenues shall be used solely for the operation,
maintenance and replacement of the system.
OM&R Charge =
OM&R Cost — Investment Income from Operatina Cash
Metered Water Sales
There is hereby established an OM&R charge of $1.13 (one and 13/100 dollar) per
one hundred (100) cubic feet of water consumed. This rate shall apply to all water
consumed on or after August 31, 2005.
2. Capital Charge: The capital charge is levied on users to provide for
capital improvement, extensions or reconstruction of the sewer collection system.
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The capital charge is computed by apportioning the annual capital costs less any •
investment income derived from cash reserved for capital expenditures per one
hundred (100) cubic feet of metered water sales as recorded by City water meters.
Capital Charge =
Capital Costs — Investment Income from Capital Cash
Metered Water Sales
There is hereby established a Capital Charge of $0.19 (19/100 dollar) per one
hundred (100) cubic feet of water consumed. This rate shall apply to all water
consumed on and after August 31, 2005.
3. Debt Service Charge: The debt service charge is computed by
apportioning the annual debt service costs per one hundred (100) cubic feet of
metered water sales as recorded by Evanston water meters.
Debt Service Charge =
Debt Cost
Metered Water Sales
There is hereby established a debt service charge of $2.62 (two and 62/100 •
dollars) per one hundred (100) cubic feet of water consumed. Said rate is based on
a maximum debt service payment of $12,349,530.00 (twelve million three hundred
forty-nine thousand five hundred thirty and no/100 dollars) anticipated for the
repayment of loan proceeds necessary for the currently planned improvements to
the sewerage collection system. For the fiscal year 2005-2006, the established
debt service charge shall be $2.62 (two and 62/100 dollars) per one hundred (100)
cubic feet of water consumed.
This rate shall apply to all water consumed on and after August 31, 2005.
4. Total Sewer User Charge: The total sewer user charge is the sum
of the three components listed in subsection 7-13-3 (A)(1) "Operation, Maintenance
and Replacement", subsection 7-13-3(A)(2) "Capital', and subsection 7-13-3(A)(3)
"Debt Services", and shall be $3.94 (three and 94/100 dollars) per one hundred
(100) cubic feet of water consumed on or after August 31, 2005.
SECTION 2: That all ordinances or parts of ordinances in conflict
herewith are hereby repealed.
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• SECTION 3: That this ordinance shall be in full force and effect from
and after its passage, approval, and publication in the manner provided by law.
Introduced:ItAj.
I , 2005
Adopted: IS , 2005
Attest:
City ee�q
Ap, o,/ed as to f rm:
•
Corporation Counsel
•
frrai
ved: i�o 2005
ne H. Morton, Mayor
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