Village of Ridgewood response to the 7/20/17 ruling: In the matter of Township of Wyckoff, Boroughs of Glen Rock and Midland Park v. Village of Ridgewood (Water Rate Litigation) Docket NO.BER-L-5651-12
Ridgewood Water and the Village of Ridgewood are pleased with Judge Friscia’ s decision and see the ruling as fair and thoughtful. Invalidating the three ordinances of 2010, 2011 and 2012 will allow the current Village Council to recalculate prior rate increases based on input from qualified experts. Further, the decision affords the Village the right to take the statutorily permitted surplus not taken in previous years, if appropriate. We believe Judge Friscia took a balanced approach based on plaintiff’s failure to prove damages and the court did not award the plaintiffs litigation costs or attorney fees. Ridgewood Water joins in the effort of the court’s decision to halt additional costs to the rate payers.
In the absence of a plaintiff appeal, the Village looks forward to a quick and reasonable resolution of this matter.
Ridgewood Water will continue to deliver a safe and reliable water supply at reasonable rates, and looks forward to the continued implementation of capital improvements.