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ORD NO 47-1976 ORDINANCE NO. 7-/ AN ORDINANCE FIXING RATES FOR THE SALE OF WATER, REPEALING ORDINANCES IN CONFLICT THEREWITH AND FOR OTHER PURPOSES. WHEREAS, the cost of operating the Van Buren Water and Sewer system has increased beyond the revenues collected; and WHEREAS, the City of Van Buren is obligated to the pay- ment of bonded indebtedness for construction of improvements and betterments to the system and the cost thereof and the cost of operating the water system makes it necessary that such raise in rates be passed on to its customers; and, WHEREAS, it is necessary for the City Council of the City of Van Buren, Arkansas, to establish monthly minimum charge for the sale of water and fix the cost of water sold in addi- tion to the amount included in the minimum; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF VAN BUREN, ARKANSAS: Section 1. That the following monthly rates for each customer connected to and served by the water system of the City of Van Buren, Arkansas, be charged and billed for water delivered and metered to them according to the following monthly rates which the Council finds and determines are reasonable and necessary rates to be charged; First 1,000 Gallons (or minimum) 2.80 each fl gal. Next 4,000 Gallons 1.24 Next 5,000 Gallons .98 Next 90,000 Gallons .65 All over 100,000 Gallons .46 Water for resale .38 All water users outside the city limits of the City of Van Buren, Arkansas, shall pay one and one -half times the rate for customers inside the city limits with a monthly minimum of $4.23 for the first 1,000 gallons or less. Section 2. The City Council hereby finds that said rates which amount to an increase of approximately 30% over the exist- ing rates, are reasonable and necessary to be charged for monthly water services, and it is necessary that same be charged and collected in order to produce sufficient revenue to pay out- standing bonds and interest thereon as they mature, the cost of water purchased from the City of Fort Smith, or produced by the IIP City of Van Buren, Arkansas, and together with the cost of the operation of the system. Section 3. All ordinances and part of ordinances in con- flict herewith are hereby repealed. Section 4. It is ascertained and declared that there is immediate need in order to procure approved water and to pro- tect the health, lives and property of the inhabitants of the City of Van Buren, Arkansas, to charge and collect the rates hereinabove set out; therefore, an emergency is found to exist, that this ordinance is necessary. for the preservation of the public peace, health and safety, same shall take effect and be in force without delay, and the same shall be charged against all water sold and delivered after e4_, /,r- ,1976. PASSED this day of November, 1976. APPROVED: �1ayor ATTEST: City Clerk.