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HomeMy WebLinkAboutT18-99 Revised Ordinance No. T18-99 Revised AN ORDINANCE PROVIDING FOR A SCHEDULE OF PAYM1NTS FOR THE RECAPTURE OF COSTS OF CERTAIN WATER S STEM IMPROVEMENTS TO BENEFITTED PROPERTIP S WHEREAS, the Village of Bartlett e, tended a watermain, identified as the Bluff City Bouleva d and Lake Street Watermain Improvement; and WHEREAS, the installation of said atermain made water service available to nearby properties a d thereby benefitted said properties; and WHEREAS, on October 27, 1986, the City Council of the City of Elgin adopted Ordinance N. . T6-86 requiring reimbursement to the Village of Bartlett for a portion of the cost of said watermain which benefitted su h 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 an, such parcel; and WHEREAS, the Ray Graham Association is a not-for-profit organization which is the owner of on: of the benefitted parcels identified in Ordinance No. T6-8: as Parcel 10 (such owner of Parcel 10 hereinafter referred to as the "Owner" ) ; and WHEREAS, there is due and owing fr•m the Owner of such Parcel 10 as reimbursement costs pursua t 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 cost- which are to be reimbursed to the Village of Bartlett in nstallments pursuant to the schedule attached hereto as Exhibit A; and WHEREAS, the Village of Bartlett h.s consented to the reimbursement of such costs to the Vil age 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 interes s of the city and in the public interest to allow for the •eimbursement of the subject recapture costs in installmen•s pursuant to the schedule attached hereto as Exhibit A. NOW, THEREFORE, BE IT ORDAINED BY T E CITY COUNCIL OF THE CITY OF ELGIN, ILLINOIS: Section 1 . That notwithstanding the provisions of Section 3 of Ordinance No. T6-86 which r:quires the payment of the full amount due for each parcel prior to any connection to said parcel the Owner of Parcel 10 as i•entified in Ordinance No. T6-86 may tap on to the subject wter main conditioned upon making the reimbursement of the redapture costs for the subject watermain pursuant to the installment schedule attached hereto as Exhibit A, provided f rther, however, such departure from Ordinance No. T6-86 to allow for payment pursuant to an installment schedule sh=1l apply only to a not-for-profit organization. Section 2 . That in the event the 0 ner fails to make the timely installment payments as provide• in the schedule A attached hereto upon thirty (30) days .dvance notice to the Owner water service to the subject property shall be discontinued. Section 3 . That all ordinances or p.rts 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 the manner provided by law. s/ Ed Schock Ed Schock, Mayor Presented: May 26, 1999 Passed: May 26, 1999 Vote: Yeas 5 Nays 0 Recorded: May 27, 1999 Published: Attest: s/ Dolonna Mecum Dolonna Mecum, City Clerk EXHIBIT A Installment Payment Plan Ag eement Total Water Related Charges $16,523.08 Less: Deposit (received 5/24/99 - Check#„608) 6,625.00 Amount Subject To Installment $ 9,898.08 Date Am o unt 7/15/99 $1,64.68 8/15/99 $1,64.68 9/15/99 $1,64:.68 10/15/99 $1,64".68 11/15/99 $1,60.68 12/15/99 '. 1 .4!.68 Total Installment Payments ',9 89:.08