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5679 Water Rates1 i 1 ORuIIIANCE NO* in the Salina J 56 I L111 All ORDI-ANCE providing and establishing the rates to be charged consumers of crater sold by the Water Works Department of the City of Salina and amending Section 1 of Ordinance No. 5501 and providing for the repeal of said Section 1. vj S, the City of Salina is about to issue Revenue Bonds in the sum of 332,Goo.00 F,� for the purpose of paying a part of the cost of extending, enlarging and improving e plant and s -,, stem of the :Municipal .eater works in said city; and ^T1E &S, said bonds will be paid in five (5) approxi�rately equal installments and e li interest thereon will be paid semi-annually; and �T:1ljUS, in consideration of persons, fiInLs, corporations and partnership purchasing said bonds it is considered necessary to provide for an increase in ,rater rates so as to pro- f vide funds to pay the principal of said bonds and the interest to accrue thereon; and i,q-i 'r_AS, in consideration of said purchase the city deems it necessary and adviseable to agree, and does hereby agree, not to reduce said rates until said principal and interest is fully paid; and, I NOW LE 1T ORDAI tED BY THE BOARD OF CO I ;S! TERS OF T=E CITY OF S Ll IA, 1�ANSAS Section 1. 26-114. A10,19INT. That Section 1 of Ordinance No, 5501 be and it is I hereby amended to read as follows, to -wit: i'Section 1. 28-111.1.. HATES. The folloiring ishereby established as the minimum meter rates which consumers of water shall pay for water furnished them by the Water Works Department of the City of Sal ina, until such time as any Revenue Bonds issued within six m:>nths fro_r: the date hereof and the interest thereon are fully paid, from and after August 1, 1952. First 3000 cu. ft. C 16.8c per C. cu. ft. or 22.51 per M. Gallon Next 6000 cu. ft. C 13.5¢ per C. cu. ft, Or 18¢ per M. Gallon Next 6000 cu. ft. 0 10.6¢ per C. cu. ft. or 14� per 1.1. Gallon All over 1.5000 cu. ft. U 5.6¢ per C. cu. ft. or 7.5¢ per M. Gallon The following are hereby established as the minimum charges for regular users of grater using the prescribed size of meter and not to exceed the maximum volume of ,rater for each minimum charge on a monthly or annual basis from and after August 1, 1952: Monthly Annual Size of Meter Minimum Charge Cu. Ft. Allowed Gallons Allowed I4inimum Charge Cu. ti't. Allowed Gallons Allowed 5/g" 5 1.15 685 5,138 13.80 8,220 61,650 3/411 1.65 982 7,365 19.80 11,784 88,380 lit 2.75 1,637 12,278 33.00 19,644 147,330 1-1/211 5.00 2 ,976 22,320 60.00 35,712 267,840 211 6.75 4,2b7 32,000 el.00 51,204 3c4.000 311 10.85 7,304 54,780 411 18.10 13,660 102,600 61, 36.15 44,730 335,475 Consumers shall have the option of entering into contract for Crater for a period of I one year. The minimum charge to be based on the above schedule payable in advance, and 81.68 j any hater used in excess of the aru�ual minimum to be charged for at the rate of per C cu. ft. or x;.225 per M. gallons." Section 2. That the City of Salina hereby agrees, in consideration of persons, firms, corporations and partnerships, buying Revenue Bonds to be issued to extend, enlarge and improve the water works plant and system not to decrease the rates, prescribed, a.s afore- said, until all such bonds and interest thereon are fully paid. Section 3. That Secti;_n 1 of Ordinance No. 5501, be and it is hereby repealed. Section 4, Take Effect. This ordinance to take effect and be in force from and after its passage and publication once in the official city paper. Attest: City Clerk Introduced, July 14, 1952 Passed, July 282 1952 Mayo