Sewer rents for the sewer system
shall be billed quarterly for residential and commercial properties
by the Town. A late payment of 15% shall be added to the sewer rent
bill if not paid in full within 30 days of the due date on the Town
bill.
The sewer rental derived in the manner
aforesaid shall be applied toward:
A. The payment of the cost of the operation,
maintenance and repair of the sewer system.
B. The payment of treatment charges and/or
other charges imposed by the Village of Penn Yan.
C. The payment of interest on and amortization
of or payment of indebtedness which has been or shall be incurred
for the construction of the sewer system or such part or parts thereof
for which sewer rents have been established and imposed (other than
indebtedness, and the interest thereon, which is to be paid in the
first instance from assessments upon benefitted real property).
D. A reserve fund created for the replacement
of any of the parts or portions of the system.
Sewer rents shall constitute a lien
upon the real property served by the sewer system for which sewer
rents have been established. The Town Clerk shall annually on or before
November 1 of each year certify to the Town the amounts of all unpaid
sewer rents, including interest and a fee, to be set by resolution
of the Town Board, per delinquent account to cover the costs of levy
and collection which remain unpaid as of that date. The Town shall
levy such amounts against the real property liable therefor as part
of the annual Town, county and state tax levied in January of each
year, such amount to be set forth as a separate item on the tax roll.
The sewer fund shall be credited with the amount of an unpaid sewer
rent, including interest and fee, when collected.