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Ordinance 1989-0991
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Ordinance 1989-0991
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Last modified
3/12/2021 10:24:22 AM
Creation date
4/6/2006 3:32:42 PM
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Template:
City Council Records
Doc Type
Ordinance
Signed Date
4/18/1989
Ord/Res - Year
1989
Ord/Res - Number
991
Original Hardcopy Storage
7E2
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ORD 1989-0991
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<br /> rates, fees, plant investment fees, assessment fees, standby <br /> charges, availability fees, tolls, and charges for the services <br /> furnished by, or the use of ,. the System, and all income <br /> attributable to any past or future dispositions of System property <br /> or rights or related contracts, settlements, or judgments, and <br /> including investment income accruing from moneys held to the <br /> credit of the Sewer Revenue Fund; provided however, that there <br /> shall be excluded from Gross Revenue any moneys borrowed and used <br /> for providing Capital Improvements; any money and securities, and <br /> investment income therefrom, in any refunding fund, escrow <br /> account, or similar account pledged to the payment of any bonds or <br /> other obligations; and any moneys received as grants or <br /> appropriations from the United States, the State of Colorado, or <br /> other sources, the use of which is limited or restricted by the <br /> grantor or donor to the provision of Capital Improvements or for <br /> other purposes resulting in the general unavailability thereof, <br /> except to the extent any such moneys shall be received as payments <br /> for the use of the System, services rendered thereby, the <br /> availability of any such service, or the disposal of any <br /> commodities therefrom. <br /> Independent Accountant: a Certified Public Accountant <br /> VWhO is independent in fact and not an officer or employee of the <br /> City. <br /> Interest SUb-Account: a sub-account of the Bond Account <br /> created by the provisions of this Ordinance. <br /> Net Revenue: the Gross Revenue after deducting the <br /> Operation and Maintenance Expenses. <br /> Official Statement: the final form of the Preliminary <br /> Official statement. <br /> Operation and Maintenance Expenses: all reasonable and <br /> necessary current expenses of the City, paid or accrued, for <br /> operating, maintaining, and repairing the System, including <br /> without limitation legal and overhead expenses of the City <br /> directly related to the administration of the System, insurance <br /> - 57 - <br /> > <br />
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