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HomeMy WebLinkAboutResolution #3193s~ RESOLIITION N0. 3193 A RESOLIITIOH APPROVING AN AGREEMENT BETWEEN THE CITY OF CANTON AND .TEFFREY HAIIK AND CATHERINE HADS WHEREAS, Legal and Ordinance Committee has determined that it is necessary and in the best interest of the City of Canton that the attached Agreement regarding regarding the extension of a water main be entered into by the City of Canton; and, WHEREAS, the Canton City Council has made a similar determination. HOW, THEREFORE, BE IT RESOLVED BY THE CITY CODNCIL OF THE CITY OF CANTON, Fulton County, Illinois as follows: 1. That the Canton City Council hereby finds the foregoing recitals to be fact. 2. That the Agreement, a copy of which is attached as Exhibit A, is hereby approved by the Canton City Council and the Mayor is hereby directed to execute and deliver the same on behalf of the City of Canton. 3. That this Resolution shall be in full force and effect immediately upon its passage by the City Council of the City of Canton, Fulton County, Illinois, and approval by the Mayor thereof . PASSED by the City Council of the City of Canton, Fulton County, Illinois at a regular meeting this 5th day of October, 1993, upon a roll call vote as follows: AYES: HAYS: ABSENT: Aldermen Chapman, May, Bohler, Sarff, Phillips Molleck. None. Aldermen Meade, Coay. AP VED: Donald Edwards, Mayor ATTEST Nancy White , City Clerk. r' r AGRE~T FOR SPECIAL TAP FEgS This agreement is made at Canton, Illinois on the date shown at the end hereof and is by and between the City of Canton, an Illinois municipal corporation ("City") and Jeffrey Hauk and Catherine Hauk ("Hauk") and sets forth the understanding of the parties pertaining to tap on fees for the extension of a water line. Whereas, Jeffrey Hauk and Catherine Hauk have privately caused an extension to be made of a 6" water line from East Sycamore Street to their residence and the line was financed in whole by Hauks at a cost of $k,367.86 as shown on Exhibit A hereto or $2,867.8b in excess of the cost of running a line for themselves only; and, Whereas, the City Council of the City has agreed to waive the requirement of Section 8-21-1 of the Canton Municipal Code that a written agreement shall be in existence and in the City's files before any construction start; NOW, THEREFORE it is agreed that hereafter, any person or entity desiring to connect to the 6 inch water line herein described before connecting shall pay to the City a tappage fee in addition to the normal tappage fee based upon the $2,867.86 in additional cost incurred by the Hauks to construct the larger line. Payments shall be made to the City Treasurer for reimbursement as hereafter provided. This agreement shall be fora period of ten (10) years from the issuance of the Illinois E.P.A. permit for the line. Reimbursement shall be calculated as follows: the first person to tap on shall pay $2,867.86 (coat) divided by two (properties served) or $1,433.93. The money so received shall be divided among the earlier investor(s). When a third investor wishes to tap on (s)he shall pay (original coat) $2,867.86 less (amount previously paid) $1,433.93 or $1,433.93 divided by three (properties served) or $477.98• This sum shall then be divided among the two earlier investors et seq. so that if all properties in the area are sold, each will share equally in the extension coat. Each year the principal amount shall be adjusted by the Consumer Price Index (CPI) all CPI increases shall go to the City for maintenanes and administration. In witness the parties have executed this agreement on this day of October, 1993. Jeffrey Hauk Catherine Hauk Donald E. Edwards, Mayor Attest: Nancy Whites ~~ U/ATCR I INF FXTFN.CIPIN F CVC'A~~(1RF .CTRFFT r11 rv`fCVVI i ti vUii~iCCKii vv CDA f1DAlA/IA1/'_ ~~n nn ILLIfVIJIJ Ct'N rvTr-r. ~ n ~ ~ ~ ~ Trn ~ ~ e u i I'~rl'1 \ I IT ~ nn nn ~;~~ ~~vv vrnl..l~ ~vlnuv ruuvu+ ~.:.v.vv c:HUCK KINSEL EXCATING iV1A I CKINL ~ L/ibVK tC~UU.UU DCTI IDAJC/'111AATCDIAL "fQp 1A CONCRETE REMOVAL 190.00 ~Hivu ti4.`~ Ii i In}nic w}E-rEA MATERIAL 8 LABOR 723.35 CCDDCC ^/1AICTDI Ir"TInAI MATFRIAI R I ARnR C'C)NC;RFTF KVI.I\C UCIIKII.H UKIVt Ob/.tSU T(1Tp1 (1C CYTi=~lfll~lr 1A/ATCq l1AAtRt A~R7 f2h` CUST Uf= RUNNING PRIVATE LINE -1500.00 Ivlnl_ virr~nci'v~.J= iiV iviriii'J Lf3l~r'.1.5q RFCPTIVFI Y CI IRMITTFII .IFFFRFY I Rf'ATHFRINF I I NAI IK 1705 E SY%AMGRE STREE T Exhibit "A"