All connections to the system shall be made by the village at a reasonable charge. The owner of the premises shall pay, in addition to all other charges and fees provided herein, in advance of the commencement of such connection, the actual cost to the village plus a percentage thereof as an administrative fee, to be determined from time to time by the village council. The owner of the premises shall pay the cost of a meter or meters installed, all of which shall be equipped with an outdoor register. The connection charges may be changed from time to time by resolution of the village council to reflect changes in connection costs and to maintain a fairly uniform charge within the village. (Ord. No. 168, § VII(7.1), 9-17-2013)

The charges provided in this division shall be subject to adjustment by resolution of the Village of Mayville Council. (Ord. No. 168, § VII(7.3), 9-17-2013)

The rates for water service are hereby established as follows:

Upon receipt of billings and any other receipts, such moneys shall be deposited in such funds as may be required by ordinances and resolutions provided by the village council for financing of the system and such other funds as the village council may deem appropriate. The village council hereby creates a fund to be known as "The Village of Mayville Water Fund". (Ord. No. 168, § X, 9-17-2013)

Moneys in any fund or account established by the provisions of this article may be invested in obligations of the United States of America in the manner and subject to the limitations provided in Act 94, Public Acts of Michigan, 1933, as amended. In the event such investments are made, the securities representing the same shall be kept on deposit with the bank or trust company having on deposit the fund or funds from which such purchase was made. Income received from such investments shall be credited to the fund from which such investments were made. (Ord. No. 168, § XI, 9-17-2013) Secs. 70-62—70-70. - Reserved.