Local Storm Water Drainage Facility Surcharge Rate
The local storm water drainage facility maintenance surcharge will be computed to allocate the annual maintenance cost of storm water drainage facilities accepted for maintenance by the Village to those lots served by such facilities. The charge per lot to be established by the Village Council at the time such facility is accepted by the Village. The charge is subject to adjustment upon an annual review by the Department of Finance and Operations.
Each affected user/consumer of the Fair Meadows Drainage Facility shall be charged at the flat rate of $1.42 per month.
Flood Control Surcharge Rate
The flood control surcharge will be computed to allocate the annual financing costs of certain flood control improvements designated by the Mayor and Village Council (as amended from time to time) and generally consistent with resolution adopted by the Corporate Authorities (R-53-02) or any amendments thereto. The surcharge shall consist of a monthly charge imposed upon each residential, commercial, industrial and institutional unit located within the incorporated limits of the Village. For purposes of this surcharge, a "unit" shall be defined as each utility customer within the incorporated limits of the Village.
The surcharge is subject to adjustment and/or abatement by the Village Council based upon an annual review by the Department of Finance and Operations.
Each affected user/consumer shall be charged at the flat rate of five dollars ($5) per month.