Ordinance concerning the Construction and Operation of Sewage Treatment Works, the Issuance of Revenue Bonds

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derived from the operation of the works, when completed and placed in operation, shall be segregated and kept in a special fund separate and apart from all other funds of the City. The City shall keep proper books of records and accounts, separate from all of its other records and accounts, in which complete and correct entries shall be made showing all revenues collected from said works and deposited in said fund) and all disbursements made therefrom on account of the operation of the works, or to meet the requirements of the Sewage Works Sinking Fund, also all other financial transactions relating to said works, including the amounts set aside or credited to the Sewage Works Deprecia- tion Fund and Sewage Works Improvement Fundy and the cash balances in each of said funds as of the close of the preceding fiscal year. There shall be prepared and furnished to the original purchasers of the bonds, and, upon written request2 to any subsequent holder of the bonds,, not more than Ninety (90) days after the close of each fiscal year, complete financial statements of the works, covering the preceding fiscal year, which annual statements shall be certified by the City Controller or independent auditors. Copies of all such statements and reports shall be kept on file in the office of the City Con- troller. Any holder or holders of the bonds then outstanding shall have the right at all reasonable times to inspect the works and all records, accounts and data of the City relating thereto. Such inspections may be made by representatives duly authorized by written instrument. Section 12. The City shall, by ordinance of the Common Council) establish just and equitable rates or charges for the use of and the service rendered by said works, to be paid by the owner of each and every lot, parcel of real estate or building that is connected with and uses said sewage treatment works by or through any part of the sewage system of the City, or that in any way uses or is served by such works. Such rates 17