A. 
Pursuant to Article 14-F of the General Municipal Law, the Village of Monticello hereby establishes a system of sewer rents to be determined as payable as hereinafter provided:
(1) 
The owners of all taxable real property within the corporate limits shall pay a sewer rental based on the assessed valuation of such real property, the rate per $1,000 of assessed valuation to consist of a fraction which shall have as its numerator the amount of the annual payment of amortization and interest on indebtedness incurred for the construction of the sewer system and parts thereof for which sewer rents have been established and imposed (other than indebtedness and the interest thereon which is to be paid in the first instance from assessments upon benefited real property), and the denominator of which fraction shall be the total assessed valuation of all real property for the current year, the resulting quotient to constitute the rate per $1,000 of assessed valuation.
(2) 
In addition to the foregoing, the owner of any parcel of real property connected with and served by the Village sewer system shall pay an additional sum based on water usage, to be determined as follows: The rent payable under this subsection shall be that fraction of the total water rent levied or charged against such real property for the past quarter year, which fraction shall have as its numerator the estimated costs for the ensuing quarter year of operation, maintenance and repairs of the sewer system and such parts thereof for which sewer rents have been established and imposed, and as its denominator the total Village water receipts for the preceding quarter year, except that portion derived from sewer rents paid by property owners outside the Village limits.
(3) 
The Village shall annually review the wastewater contribution of users and user classes, the total cost of operation and maintenance of the sewer system, including treatment works and its approved user charge system. The Village shall revise the charges for users or user classes to accomplish the following: maintain a proportionate distribution of operation and maintenance cost among users and user classes as required herein; generate sufficient revenue to pay the total operation and maintenance costs necessary to the proper operation and maintenance (including replacement) of the treatment works; and apply excess revenues collected from a class of users to the costs of operation and maintenance attributable to that class for the next year and adjust the rate accordingly.
(4) 
The user charge system shall take precedence over any terms or conditions of agreements or contracts between the Village and users (including industrial users, special districts, other municipalities or federal agencies or installations) which are inconsistent with the requirements of Section 204(b)(1)(A) of the Act.[1] (NOTE: Said Act refers to the Federal Water Pollution Control Act and this article.)
[1]
Editor's Note: See 33 U.S.C. § 1284(b)(1)(A).
(5) 
Each user shall be notified annually of the rate of that portion of the user charges which are attributable to wastewater treatment (operation and maintenance) services.
(6) 
Bills for sewer services shall be prepared on or before the 30th day following each quarterly period and shall be mailed to the owner of the premises as the same shall appear upon the last completed assessment roll of the Village of Monticello, New York. If more than one person shall appear as the owner of the premises, the bill may be mailed to any one of such persons.
(7) 
If a residence is not connected to the Village of Monticello water system, however, uses Village sewer connection, sewer rates will be calculated against the number of plumbing fixtures and the number of occupants.
(8) 
Sewer shall not be turned on until payment is made of all Village taxes and Village water, sewer and sanitation fees, charges, penalties and liens to the Village in full as are then due by the owner of the property and until payment is made in full of any existing liens on said property for unpaid Village taxes and/or unpaid water, sewer and sanitation fees and penalties or a tax installment agreement is signed and in effect and said agreement is paid to date.
B. 
Said sewer rents shall be payable, collectible and enforceable in the manner provided by law for the payment, collection and enforcement of annual Village taxes in the Village of Monticello, and, if unpaid on the grace date therefor, shall constitute a lien upon the real property, and such lien shall be proper and superior to every other lien or claim except a lien of an existing tax, water charge or local assessment.
C. 
The revenue derived from the sewer rentals imposed hereunder, including penalties and interest thereon, shall be kept in a separate and distinct fund to be known as the "Sewer Fund." Such fund shall be used for the purposes set forth in § 453 of the General Municipal Law and any amendments thereto.