HomeMy WebLinkAbout02090•1 00
0
Section I. It :s hereby found and declared that the public
health is being endangered by the lack of an adequate sanitary sewage
collection, treatment and disposal. system of the City, and that the
danger to the public health will be abated by the construction, main-
tenance and operation of the additions and improvements to and extensions
Of the existing sewage system as hereinafter provided.
Section 2. From the date that this ordinance becomes ef-
fective the sewage system of the City, including the additions and
improvements thereto and extensions thereof hereinafter provided for,
shall be considered as a part of and belonging to the waterworks utility
of the City. The cost of construction of said additions, improvements
and extensions and the maintenance and operation thereof and of the
sewage system shall be chargeable to the waterworks utility of the City,
and all charges and rates collected for sewage system service shall be
paid into the Water Fund (hereinafter defined) of the City.
Section 3.. As used in this ordinance the following words
shall have the following meanings:
a. The word "System" shall mean the combined water and sewer-
age system of the City as the same may be added to, Improved and extended
for as long as any of the Outstanding Parity Bonds, the Bonds and any
Future Parity Bonds are outstanding. It is hereby provided, however,
that the System shall not include that part of the water supply and
distribution system of the City leased to Crown-Zellerbach Corporation
under date of March 15, 1956.
b. The words "Water Fund" shall mean the "Olympic Gravity
Water Fund" of the City heretofore created and into which Fund the
City has agreed and by this ordinance does hereby agree to pay all of
the gross earnings and revenue of the System.
c. The words "Outstanding Parity Bonds" shall mean the out-
standing water revenue bonds of the City issued under date of December 1,
1959 pursuant to Ordinance No. 1379 of the City.
0