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08-10-09 Common Council Meeting Agenda & Packet
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08-10-09 Common Council Meeting Agenda & Packet
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9/10/2009 2:52:33 PM
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8/6/2009 4:03:07 PM
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City Council - City Clerk
City Council - Document Type
Agendas
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Notwithstanding anything in this Section ~XI of this Ordinance, as to any series <br />of Bonds sold to the Authority pursuant to Section VIII of this Ordinance, no supplemental <br />ordinance shall be adopted unless consented to in writing by the Authority. <br />Section x~N. Repeal of Conflicting Ordinances. All ordinances and parts of <br />ordinances in conflict herewith are hereby repealed; provided, however, that this Ordinance shall <br />not be deemed in any way to repeal,-amend, alter or modify any of the Prior Ordinance, nor be <br />construed as adversely affecting the rights of any of the owners of the outstanding Prior Bonds. <br />Section XXV. Rates and Char>?es. The estimate of rates and charges which will <br />be needed and charged to the general classes of users of property to be served by the Sewage <br />Works in order to provide sufficient moneys to make payments of principal of and interest on the <br />Bonds, along with the other payments identified in this Ordinance, is set forth in <br />adopted , <br />Section XXVI. Notice of Ado tion and Pu ort of Ordinance. Upon passage of <br />this Ordinance, the Clerk of the City shall immediately cause to be published in accordance with <br />Indiana Code 5-3-1 a notice of the adoption and the purport of this Ordinance in accordance with <br />Section 10 of the Act with respect to the Project. In the event an objecting petition is filed in <br />accordance with Section 12 of the Act, no further proceedings shall be taken by the City relating <br />to the Project until the later of (i) the date on which the court having jurisdiction over such matter <br />confirms the decision of the City to issue bonds relating to the Project, or (ii) if an appeal is <br />taken, the date on which the appropriate court of last resort confirms the decision of the City to <br />issue bonds relating to the Project, except as permitted by Subsection 12(f) of the Act. <br />Section XXVII. Payments on Holidays. If the date of making any payment or the <br />last date for performance of any act or the exercising of any right, as provided in this Ordinance, <br />-50- <br />BDDBOI 5738468v1 <br />
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