Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Water Infrastructure topic
No spam. Unsubscribe anytime.
Montgomery approves membership in DuPage Water Commission, $9.9 million buy‑in and related agreements
Summary
The Village of Montgomery unanimously approved four linked agreements to join the DuPage Water Commission and transition to Lake Michigan water, including a $9.9 million capital recovery charge payable over 30 years interest‑free and village share of project costs at 24.42%. The board also approved an optional $7 million line of credit.
The Village of Montgomery Board of Trustees voted unanimously to adopt a package of agreements that will make the village a member of the DuPage Water Commission and set terms for the community’s future supply of Lake Michigan water.
Staff described four related documents — membership, construction/escrow, the capital recovery charge and an optional line of credit — as components of a single transition plan. The board approved Resolution 2024‑048 to enact membership; subsequent votes approved the construction/escrow arrangement and the capital recovery charge and authorized an optional $7,000,000 line of credit.
According to staff, DuPage Water will "begin delivering water to us no later than 2032" and communities may join earlier once village water loss drops below 10 percent. The village’s share of the project was described as 24.42 percent. The capital recovery charge (the buy‑in cost) was stated as $9,900,000; staff said that amount will be paid in installments over 30 years interest‑free under the DuPage Water Commission agreement. The optional $7,000,000 line of credit was presented as a short‑term financing option the village does not expect to use unless a cash‑flow emergency arises.
Trustees asked clarifying questions about how the percentage share was calculated; staff confirmed the allocation is based on projected 2050 population and maximum daily use. Trustee motions to approve each item passed by roll call (board members recorded their votes and the president announced each motion carried 6–0).
President remarked the project is “probably the biggest, most important project that any of us will ever work on in Montgomery” and thanked staff for their work. Staff said Oswego and Yorkville had already approved the same agreements and the DuPage Water Commission board would take up the items at its meeting that week.
The approvals set the village on a path to join a regional supply system; construction timing, exact delivery dates and any local infrastructure work will follow the agreements and future project milestones. The board directed staff to continue implementation steps and to report back as construction plans and schedules are finalized.
