After months of negotiation and discussion, Village Council authorized the Village Manager to enter into contract with Daybreak Foods, Inc. to sell a minimum of 125,000 gallons of water per day. New Day Farms, a wholly owned subsidiary of Daybreak Foods, is one of the nation’s fastest growing egg producers. New Day Farms operates an egg production facility at 9300 Croton Road. Under the 15-year contract, New Day Farms guarantees the use of 125,000 gallons of water per day with a maximum per day usage of 175,000 gallons. Since the facility is located outside of the Village corporation limits, New Day Farms has agreed to a payment in lieu of taxes of $64,000 per year for the first 10 years and $45,000 for the final 5 years of the contract. Revenue from the sale of water and payment in lieu of taxes will finance the bond payment for the construction of the waterline.
Over the next 12 months, the Village will design the water line, begin permitting and construct the infrastructure needed to serve the New Day Farms facility.
Property owners along the 1-mile waterline will have the ability to connect. Those property owners that are contiguous to the Village corporation boundary will be required to annex prior to water service being granted. Those not contiguous will be required to record a property deed restriction stating the property owner will annex when the property becomes contiguous. Also, a tap fee and capacity fee must be paid. Currently a water tap fee costs $375 and capacity fee is $5,000 and is subject to change. The water rate will be 200% for those outside the Village corporation limits.