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Special meeting of the _Mayor and Village Board of Trustees was held on 1-25-95 <br />at 7:30 P.M. in the Village Hall. <br /> <br />Present: ~{ayor Hinzmann, Tr. Cerino, Tr. S~hay, Tr. Traver, Tr. H~mingway, Tr. Goebel <br />and Atty. Viglotti. <br /> <br />_~ayor Hinzm~nn announced the purpo~ se of the meeting was to adjust the water and <br />sewer rates. <br /> <br />Tr. Cerino reported Water Department v~ill need additional funding for t~he Wenliss <br />Tank refurbishing project and, using the present water rates, they could not cope <br />with this exoense. <br />He proposed ~ 5 year plan, which would increase water rate and decrease the sewer <br />multiplier, which would defray the cost of the BAN Note for the Wenliss Terrace <br />tank repairs and would al~o cover reimbursement frcm ttue Water Department of the <br />$33,500. owed the Sewer fund, as mandated by Audit and Control. <br /> <br />He discussed the rates propo~, sed and how they would effect the cons%m~_r. <br /> <br />.~otion by Tr. Shay, seconded by Tr. Traver that the basic water rate be increased <br />by_ $6.20 per quarter and the s~er multiplier be decreased to 1.40. <br /> <br />Tr. Cerino reported Water Board were invited to attend this meeting and he had <br />previously requested a meeting with the Water Board to discuss the IRtes. <br />He stated he would like to initiate the new rates with the Feb~sry water billing. <br /> <br />Atty. Viglotti reported rates cannot be raised retroactive but, since this involved <br />an adjustment, it may not apply. <br /> <br />~otion carried. 1 voting nay. <br /> <br />Meeting adjurned 8:15 P.M. <br /> <br />Leo D. Lowney <br />Village Clerk <br /> <br /> <br />