Benzie County - Honor Waste Revenue Sewer Offset Ordinance
Waste Revenue Sewer Offset Ordinance Proposed EnactmentShall the Village of Honor adopt a Waste Revenue Sewer Offset Ordinance ("Ordinance") including the terms summarized below:Section 1. Title and purposeThe purpose of this Ordinance is to reduce sewer utility charges on residential/Business customers by allocating net revenues derived from municipal sold waste collection services to offset sewer system costs.Section 2. DefinitionsThis Section defines terms in the Ordinance.Section 3. Establishment Sewer Offset FundA Sewer Offset Fund is established consisting of Net Waste Revenue which shall be used to offset sewer utility charges.Section 4. Allocation of New Waste RevenueOn at least a quarterly basis, the Village shall transfer Net Waste Revenue into the Sewer Offset Fund and annually the Village Council shall determine, as part of the budget process, the portion of Net Waste Revenue to be applied toward sewer rate offsets.Section 5. Sewer Rate OffsetRevenue from the Sewer Offset Fund shall offset sewer utility charges.Section 6. LimitationsNothing in this Ordinance shall be construed to violate Michigan law or impair any contactual obligations, including bond covenants, or prevent the Village from adjusting sewer rates as necessary to maintain the financial integrity of the Sewer Utility.Section 7. Administration The Village President or/Designated Official shall administer this Ordinance and may promulgate applicable administrative rules.Section 8. SeverabilityIf any part of the Ordinance is held to be invalid or unenforceable, the remaining provisions shall remain in full force and effect.Section 9. Effective DateThis Ordinance shall take effect on the date following adoption and publication as required by law.
