HomeMy WebLinkAboutT18-99 • ,r.., Ordinance No. T18-99
Revised
AN ORDINANCE
PROVIDING FOR A SCHEDULE OF PAYMENTS FOR THE
RECAPTURE OF COSTS OF CERTAIN WATER SYSTEM IMPROVEMENTS
TO BENEFITTED PROPERTIES
WHEREAS, the Village of Bartlett extended a watermain,
identified as the Bluff City Boulevard and Lake Street
Watermain Improvement; and
WHEREAS, the installation of said watermain made water
service available to nearby properties and thereby benefitted
said properties; and
WHEREAS, on October 27 , 1986, the City Council of the
City of Elgin adopted Ordinance No. T6-86 requiring
reimbursement to the Village of Bartlett for a portion of the
cost of said watermain which benefitted such properties; and
WHEREAS, Section 3 of Ordinance No. T6-86 requires that
the full amount due for each parcel shall be paid prior to any
connection to the subject watermain for any such parcel; and
WHEREAS, the Ray Graham Association is a not-for-profit
organization which is the owner of one of the benefitted
parcels identified in Ordinance No. T6-86 as Parcel 10 (such
owner of Parcel 10 hereinafter referred to as the "Owner" ) ; and
WHEREAS, there is due and owing from the Owner of such
Parcel 10 as reimbursement costs pursuant to Ordinance No.
T6-86 the total amount of $16,523 . 08; and
WHEREAS, the Owner of Parcel 10 has requested that it be
permitted to pay such recapture costs which are to be
reimbursed to the Village of Bartlett in installments pursuant
to the schedule attached hereto as Exhibit A; and
WHEREAS, the Village of Bartlett has consented to the
reimbursement of such costs to the Village of Bartlett in
installments pursuant to the schedule attached hereto as
Exhibit A; and
WHEREAS, the City Council of the City of Elgin has
determined that it is in the best interests of the city and in
the public interest to allow for the reimbursement of the
subject recapture costs in installments pursuant to the
schedule attached hereto as Exhibit A.
eft
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE
CITY OF ELGIN, ILLINOIS:
Section 1 . That notwithstanding the provisions of
Section 3 of Ordinance No. T6-86 which requires the payment of
the full amount due for each parcel prior to any connection to
said parcel the Owner of Parcel 10 as identified in Ordinance
No. T6-86 may tap on to the subject water main conditioned
upon making the reimbursement of the recapture costs for the
subject watermain pursuant to the installment schedule
attached hereto as Exhibit A, provided further, however, such
departure from Ordinance No. T6-86 to allow for payment
pursuant to an installment schedule shall apply only to a
not-for-profit organization.
Section 2 . That in the event the Owner fails to make the
timely installment payments as provided in the schedule A
attached hereto upon thirty ( 30) days advance notice to the
Owner water service to the subject property shall be
discontinued.
Section 3 . That all ordinances or parts of ordinances in
conflict with the provisions of this ordinance are hereby
repealed.
Section 4 . That this ordinance shall be in full force
and effect form and after its passage in the manner provided
by law.
SOfAeiwe:
Ed Schock, Mayor
Presented: May 26, 1999
Passed: May 26, 1999
Vote: Yeas 5 Nays 0
Recorded: May 27 , 1999
Published:
Attest:
A./(-e. „--
Dolonna Mec m, City Clerk
eft
EXHIBIT A
Installment Payment Plan Agreement
Total Water Related Charges $16,523.08
Less: Deposit (received 5/24/99 - Check#8608) 6,625.00
Amount Subject To Installment $ 9,898.08
Date Amount
7/15/99 $1,649.68
8/15/99 $1,649.68
9/15/99 $1,649.68
10/15/99 $1,649.68
11/15/99 $1,649.68
12/15/99 $1,649.68
Total Installment
Payments $9,898.08