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An Ordinance Amending Service Charges Regarding Water Rates

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An Ordinance Amending Service Charges Regarding Water Rates

Ordinance No. 2015-04, Village Of Yellow Springs, Ohio

Interested persons will take note that the Village Council of Yellow Springs on Monday, March 2, 2015, gave first reading to an ordinance, text to follow.

Council will consider said ordinance for a second reading and a public hearing to begin at 7:10 p.m., Monday, March 16, 2015, in the Bryan Community Center, 100 Dayton St.

WHEREAS, the Village water fund is the least healthy of the various Village funds, and

WHEREAS, foreseeable capital improvement requirements will further stress the resources of the water fund, and

WHEREAS, scheduled rate increases established in 2014 are proving insufficient to fund the needs of the water utility,

NOW, THEREFORE, THE COUNCIL OF THE VILLAGE OF YELLOW SPRINGS, OHIO DOES HEREBY ORDAIN THAT:

Section 1. The rate increase previously enacted on April 1, 2014 is hereby repealed.

Section 2. In its place, a new rate to take effect on May 1, 2015 is hereby enacted as follows:

Monthly readiness for service charge: $6.80

Consumption charge per 1000 gallons: $5.77

Section 3. This ordinance shall be in full force and effect 30 days following
its adoption by Council.

Karen Wintrow, President

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