Hinsdale Village Board
Among other business Tuesday, trustees:
• approved a 4.1 percent increase in the village water rates to keep pace with higher operating costs resulting from the DuPage Water Commission’s recent rate increase. The hike will result in an average increase of $4.89 per month or $9.78 in a resident’s total bi-monthly water and sewer bill, or $58.65 per year. The new rates will go into effect for all meter readings after Aug. 1, so the increase will first appear on the Sept. 1 billings.
• passed amended intergovernmental agreements with DuPage County regarding reimbursement for drainage improvements under the American Rescue Plan Act. Last year the village was awarded two ARPA drainage grants in the amount of $234,645, expected to cover half the construction cost for projects on Charleston Road and Grant Street. The actual cost turned out to be $777,258, so the village received two amended drainage grants in the amount of $388,631.
• approved the installation of an entrance gate across Foxgate Lane for the Foxgate subdivision on 57th Street across from Hinsdale Central High School. The gate was requested to limit high school-generated traffic from using the private cul-de-sac as a turnaround.
• designated Hinsdale Bank and Trust as a public depository and authorized the deposit and withdrawal of village funds from the bank. For many years, nearly all banking services were performed by BMO Harris Bank. In 2017, the village began utilizing Hinsdale Bank and Trust for processing cash and coin deposits from parking and the online vehicle sticker sales. Village officials reported that Hinsdale Bank and Trust will provide a higher rate of interest on the village’s idle funds and will improve banking services in many areas.
