§ 39 — Village may establish water rents and regulate the mode of payment

For the purpose of the support of said Water Department, and to insure the payment of the annual interest on said water bonds, and to provide for their final payment, said corporation shall establish rates of annual rents to be charged and paid by the users of said water, at such times and in such manner as shall be determined by said corporation; and may from time to time alter, modify, amend, increase, or diminish such rates, and extend them to any description of property or use, as said corporation may deem proper. Such rates or rents shall be chargeable to, and may be collected of the owners of the property so supplied, unless otherwise agreed upon by said corporation and said owners, and shall be a lien and charge upon the buildings, lots, and other property so supplied, and may be collected in the same manner as any corporation tax. Said corporation may order water rents to be paid in advance, and may make all necessary provisions and orders relating to the supply or stoppage of water as said corporation may think expedient to ensure such advance payments.

Legislative History

(Added 1892, No. 114, § 39.)