HomeMy WebLinkAboutORDINANCES-1999-003-O-993-0-99
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 the City 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.
40 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 Ooeratine_ Cash
Metered Water Sales
There is hereby established an OM&R charge of $0.55 per one hundred (100) cubic feet of water
consumed.
This rate shall apply to all water consumed on or after March 1, 1999 and shall remain in effect
until the next annual review in accordance with Section 7-13-3(B).
2. Capital Charge: The capital charge is levied on users to provide for capital improvement,
extensions or reconstruction of the sewer collection system. 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.
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Capital Charge =
M Capital Costs - Investment Income from Capital Cash
Metered Water Sales
There is hereby established a Capital Charge of $0.18 per one hundred (100) cubic feet of water
consumed.
This rate shall apply to all water consumed on and after March 1, 1999 and shall remain in effect
until the next annual review in accordance with Section 7-13-3(B).
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 $2.04 per one hundred (100) cubic feet of
water consumed. Said rate is based on a maximum debt service payment of $8,683,000
anticipated for the repayment of loan proceeds necessary for the currently planned
improvements to the sewerage collection system. For the current fiscal year (FY 1999-00), the
established debt service charge shall be $2.04 per one hundred (100) cubic feet of water
consumed.
This rate shall apply to all water consumed on and after March 1, 1999 and shall remain in effect
until the next annual review in accordance with Section 7-13-3(B).
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 $2.77 per one hundred
(100) cubic feet of water consumed and shall be adjusted in accordance with Section 7-13-3(B).
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