HomeMy WebLinkAboutORDINANCES-1994-010-O-94• 10-0-94
AN ORDINANCE
Amending The Evanston City Code
Title 7, Chapter 13, Section 3(A) Relating
to the Sewer User Rates
BE IT ORDAINED BY THE CITY COUNCIL 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 (O,M&R), a Capital Charge, and a Debt Service Charge.
(1) The O,M&R Charge is levied on all users to recover the
operation, maintenance and replacement costs and is computed by
apportioning the annual O,M&R costs less any investment income
derived from operating cash per 100 cubic feet of metered water
sales as recorded by City water meters. Income derived from the
investment of O,M&R revenues shall be used solely for the
operation, maintenance and replacement of the system.
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O,M&R Charge = 0
O.M&R Cost - Investment Income from Ooeratina Cash •
Metered Water Sales
There is hereby established an O,M&R charge of $0.320 per one
hundred (100) cubic feet of water consumed.
This rate shall apply to all water in which bills are issued on
and after March 1, 1994 and shall remain in effect until the
next annual review in accordance with Section 7-13-3(B).
(2) 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 10,
cubic feet of metered water sales as recorded by City water
meters.
Capital Charge =
Capital Costs - Investment Income from Car)ital Cash
Metered Water Sales
There is hereby established a Capital Charge of $0.265
per one hundred (100) cubic feet of water consumed.
This rate shall apply to all water in which bills are issued on
and after March 1, 1994 and shall remain in effect until the
next annual review in accordance with Section 7-13-3(B).
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(3) The Debt Service charge is computed by apportioning the annual
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debt service costs less revenues transferred to the Sewer Fund
from the sale of water to the Northwest Water Commission (NWC),
less any investment income derived from NWC cash transferred to
the Sewer Fund per 100 cubic feet of metered water sales as
recorded by Evanston water meters.
Debt Service Charge =
Debt Cost - NWC Revenues - Investment Income from Revenues
Transferred to the Sewer Fund from the Sale of Water to NWC
Metered Water Sales
There is hereby established a Debt Service Charge of $0.883
per one hundred (100) cubic feet of water consumed. Said rate
is based on a maximum debt service payment of $4,300,600
anticipated for the repayment of loan proceeds necessary for the
currently planned improvements to the Sewerage Collection
System. Provided, however, that all or a portion of said charge
may be abated in accordance with Section 7-13-3(A)3 described
above. For the current fiscal year (FY 1994-95), the
established debt service charge shall be abated by Northwest
Water Commission Revenues as stated in the FY 1994-95 Budget and
shall be $0.615 per one hundred (100) cubic feet of water
consumed.
This rate shall apply to all sewer bills issued on and after
March 1, 1994 and shall remain in effect until the next annual
review in accordance with Section 7-13-3(B).
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(4) The total Sewer User Charge is the sum of the three components
listed in Section 7-13-3 (A)(1) Operation, Maintenance ancO
Replacement, Section 7-13-3(A)(2) Capital, and Section 7-13-
3(A)(3) Debt Services and shall be $1.20 per one hundred (100)
cubic feet of water consumed and shall be adjusted in accordance
with Section 7-13-3(B).
SECTION 2: All ordinances or parts of ordinances in
conflict herewith are hereby repealed.
SECTION 3: This ordinance shall be in full force and effect
from and after its passage, approval and
the manner provided by law.
publication in
Introduced:/(/��%2/� , 1994 \
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Adopted: �V 1994
r
d• 1994
pp
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\ Mayor
I
ATTE
Obi .
pity C rk
App10 ed as t f
,
ora`tion Counsel , •
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