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Construction of Additions and Improvements to the Sewage Works Bonds
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Construction of Additions and Improvements to the Sewage Works Bonds
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11/27/2012 3:39:34 PM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
12/12/1988
Ord-Res Number
7951-88
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the Series 1989 Bonds and matters related thereto. In particular, <br /> all or any officials, officers, members, employees and agents of the <br /> City and the Board of Public Works are authorized to certify and/or <br /> enter into covenants for the City and the Board of Public Works <br /> regarding the facts and circumstances and reasonable expectations of <br /> the City and the Board of Public Works on the date the Series 1989 <br /> Bonds are issued and the commitments made by the City and the Board <br /> of Public Works herein regarding the amount and use of the proceeds <br /> of the Series 1989 Bonds. <br /> Section 22. Notwithstanding any other provisions of this <br /> Ordinance, the covenants and authorizations contained in this <br /> Ordinance ("Tax Sections") which are designed to preserve the <br /> exclusion of interest on the Series 1989 Bonds from gross income <br /> under federal law ("Tax Exemption") need not be complied with if the <br /> City receives an opinion of bond counsel that any Tax Section is <br /> unnecessary to preserve the Tax Exemption. <br /> Section 23. The following are the rates and charges to the <br /> several classes of users or property to be served by the works as of <br /> the date hereof: <br /> All Class I Users <br /> (1) The sewage rates and charges shall be based on the <br /> quantity of water used on or in the property or premises subject to <br /> such rates and charges as the same is measured by the water meter <br /> there in use, plus a base charge based on the size of water meter <br /> installed except as herein otherwise provided. For the purpose of <br /> billing and collecting the charges for sewage service, the water <br /> meters shall be read monthly and the users shall be billed each month <br /> (or period equaling a month) . The water usage schedule on which the <br /> amount of said rates and charges shall be determined is as follows: <br /> Treatment rate per 100 cubic feet of usage per month: <br /> User Debt <br /> Charge Service Total <br /> $ .59 $ 0. 15 $ 0. 74 <br /> plus base rate per month: <br /> Water Meter <br /> 5/8" $ 5. 66 $ 2 .24 $ 7. 90 <br /> 3/4" 7.52 3 . 13 10. 65 <br /> 1" 12 .60 5. 60 18.20 <br /> 1-1/4" - 1-1/2" 27.85 13. 00 40.85 <br /> 2" 47.24 22 .41 69. 65 <br /> 3" 107. 30 51.70 159. 00 <br /> 4" 190.46 92. 04 282 .50 <br /> 6" 426. 08 206.42 632.50 <br /> 8" 758.72 368.28 1,127. 00 <br /> 10" 1, 183 .76 574.24 1,758. 00 <br /> 12" 1,705.82 827. 18 2,533 . 00 <br /> -28- <br />
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