The Town shall maintain a Water Rate Schedule which shows the
annual costs per equivalent dwelling unit (EDU) as well as the water
use rate per 1,000 gallons. The Water Rate Schedule shall also indicate
various fees and rates for items, including but not limited to penalties,
tapping fees, capacity and expansion fees, inspection fees, and application
fees. The prices shown shall be updated from time to time by Town
Board resolution.
A. Payment of capital costs shall be determined based upon a fraction,
the numerator for which is the annual debt service for all districts
and extensions and the denominator for which is the total number of
Equivalent Dwelling Units (EDU) within the entire consolidated water
district. Capital costs will be billed as shown on the Town's
Water Billing Rate Sheet.
B. All properties located within a water district, regardless of connection
status, shall be responsible for paying capital costs since said properties
benefit from convenient access to water mains for consumption and/or
fire protection.
C. Payment of operation and maintenance expenses shall be determined
based upon a fraction, the numerator for which is the budgeted operation
and maintenance costs derived from all districts and extensions and
the denominator for which is the estimated total metered water consumption
in gallons and then multiplied by 1,000. Operation and maintenance
costs will be billed based on metered use as shown on the Town's
Water Billing Rate Sheet.
The Town Board shall adopt a resolution whenever necessary,
establishing or amending the water rates for the Town. Such resolution
shall remain in full force and effect until such time as it is repealed
or superseded by a subsequent resolution of the Town Board adopted
pursuant to this chapter. Any such resolution establishing water rates
or amending the water rates shall be adopted during a regularly scheduled
meeting or special meeting to be scheduled with at least seven days
of public notice. Such notice shall be accomplished by publication
in a newspaper of general circulation in the Town. In any such resolution
establishing or amending water rates, the Town Board may establish
an equitable classification of users and establish different rates
for the different classifications. Such classification may include
separate charges for users who are located outside of the corporate
limits of the Town.