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<br />ORDINANCE 1ft 389 <br /> <br />AN ORDINANCE PROVIDING FOR ASSESSING EACH WATER USER OR <br /> <br /> <br />TAP OWNER AN ADDITIONAL $1.50 EACH MONTH TO APPLY TO PAY- <br /> <br /> <br />MENT OF THE 1971 WATER BOND ISSUE. <br /> <br />ADOPTED: <br /> <br />12/21/71 <br /> <br />Legal Nofice <br /> <br />ORDINANCE NO. 389 <br />. AN ORDINANCE ASSWSSlING <br />EACH WATER USER OR TAP <br />OWNER AN ADDITIONAL $1 00 <br />EACH MONTH TO APPLY To <br />PAYMENT 0 F 1971 WATER I <br />BOND ISSUE. <br />. THAT WHEREAS, the CitY has <br />ISsued its Bonds for Waterl1m. <br />prClvem~nts to mumc1pal water <br />system Jill 1971, and <br />WHEREAS, it is nec~~ to <br />:aise suffiorerrt funds to 'pay the <br />interest (Jtl said bonds and to re- <br />deem the same when due. <br />NOW THERBFORE, BE IT OR- . <br />DAlNED BY THE CITY COUN- <br />CIL OF THE CITY OF LOUIS- <br />VILLE : <br /> <br />Section 1. There ilS hereby <br />assessed against each water user <br />or tap owner, the sum of $1.50 <br />per mcmth, .co~me!"oing January <br />I, 1972, -to aid In raLSing suflicient <br />funds to pay the interest on and <br />~o redeem the 1971 Water Bood <br />IS9Ue when said sums become due <br />and payable. <br /> <br />. Section 2. The 9Il1ll is in addi- <br />hfllon to the $3.00 'per month charge <br />eretofore assessed walter users <br />~ tap owners for pa~ of <br />mterest on and redemption of the <br />1955 W mer Bond issue <br />Seotioo 3. Emerge~y - That <br />w~ereas, it..is necessary fur the <br />Clty bo !,aJiSe sl1lficient roevelJlUe <br />to pay said 1971 Water Bond issue <br />when due, and <br />WHEREAS, H is necessary to I <br />commence said $1.50 assessment I <br />00 ~ /lilIilJary J. 1972 in order to <br />prOVIde the ~ssary funds to <br />pay the same when due <br />C NO'Y, THEREFORE, the City <br />ouooil ~termiJl1es that an emer. <br />gency . exlSts ferr the immedIate <br />Pro~n and P1'eServation of the <br />public health, safety, and general <br />welfare, and that this ordin <br />Je enacted for that P\WPOSe a:: <br />~ Shall be in ful:l force and' effec,t <br />days, after its passage and <br />fJ.J:NI1 publication. ; <br />Introduced, read'and ordered <br /> <br />........ ; <br /> <br />c ,.' <br /> <br />~. <br /> <br />I' <br /> <br />published this 7th day of necem- <br />J>er, 1971. <br />Adopted.'aiJd approved on sec-' <br />ond and filrral reading 'J.1_ <br />day of . '1.1>10 ...... <br />. , . .. .. , .. . .. .. , 19...,. <br /> <br />A'ITEST: <br /> <br />Mayerr <br /> <br />City Clerk <br /> <br />Published Dec. 9 1971,' in th <br />LouisviHle ' 'times.' ' . e <br /> <br />. - < ~..,.--- -,--...;. <br /> <br />j'L~:'" "';:' ~, <br /> <br />;<"ITr~;'~ ' . -:"" '....,y._~ <br /> <br />. ;'.' <br /> <br /> <br />. THI lO"'1YIUI <br /> <br />ImatJ <br /> <br />LOt1I8VJLtE. COlA). <br />THURs.. DEC. 9, 197t: " <br />PAGE sEvEN ~.: <br /> <br />. <br /> <br />~ <br /> <br />~ <br /> <br />1 <br /> <br />. t <br />