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ORD NO 52-1976 ORDINANCE N0. 5 AN ORDINANCE FIXING RATES FOR THE SALE OF WATER, REPEALING ORDINANCES IN CONFLICT THEREWITH AND FOR OTHER PURPOSES. L WHEREAS, the cost of operating the Van Buren Water and Sewer system has increased ,beyond the revenues collected; and WHEREAS, tho 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 tho City Council of. the City of Van Buren, Arkansas, to establish monthly minimumcharge 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 ORDAINEb'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 P1 gal. Next 4,000 Gallons 1.24 Next 5,000 Gallons .96 it it Next 90,000 Gallons .65 All over 100,000 Gallons .46 All water users outside the city limits of the City of Van Buren, Arkansas, shall pay one and ono —half times tho rate for customers inside the city limits with a monthly minimum of 54.23 for the first 1,000 gallons or less. Section 2. The City Council hereby finds that said rates which amount an increase of approximately 30% over the exist— .ing rates, aro reasonable and nocossary to bo charged for monthly water services, and it is necessary that samo be charged and 7 .1 j.c. :r,• collected in ordor to produce sufficient revenue to pay out .0tanding bonds and interest thereon as they mature, the cost of water purchased from the City ,of Fort Smith, or produced_by the aki 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 All ordinances_and part of ordinances in con- flict herewith are hereby repealed.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- todt 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 i. p Jae in force without delay, and the same shall be charged 4 against all water sold and delivered after 6; 9 1977 i L.-. PASSED this /0 day of December, 1976. 3 i 1 APPROVED: 1 I 16. i i....• SE 1 m Mayor 1 ATTEST:., i L i -i• 1 City Clerk 1 1 i 1 i 1 I 1 lr 1 i 1 1 1 6