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HomeMy WebLinkAboutORD 2081s ORIGINAL " ORDINANCE NO. a J-/ - AN ORDINANCE OF THE CITY OF RENTON, WASHINGTON, AMENDING SECTION 3-232 of TITLE III (DEPARTMENTS), OF ORDINANCE NO. 1628 ENTITLED "CODE OF GENERAL ORDINANCES OF THE CITY OF RENTON'f f RELATING TO CERTAIN PRIVATE OR PUBLIC COOPERATIVE WATER DISTRICTS. BE -IT ORDAINED BY, THE MAYOR AND THE CITY COUNCIL OF THE CITY OF RET!TON AS FOLLOWS: SECTTQN T: There is hereby added a sub -section to Section 3-232 of TITLE III, entitled (Departments) of Ordinance No. 1628, which added sub -►se ction shall read as follows:... Added Sub -section to Section 3-232 :..--Whenever .the City of Renton acquires, without charge, all.of the .physical assets and facilities, including customers thereof, of any Private or public cooperative water district, and any properties served thereby are then situated outside they of Renton, then such outside property users shall pay the rate then applicable to outside users as a class; however if the City acquires in addition to all such facilities and assets of such water system any cash payment over and beyond the amount necessary and regtfwed to pay off the obligations and debts of such system, then such outside property users served by that system at the time of its transfer to the City shall receive a monthly credit on the water charges levied by the City, in that such property user shall be charged the prevailing rate charged inside users (in lieu of the outside rate otherwise applicable) for a given number of months to be calculated under the below -mentioned formula, as said rate may be amended from time to time as to the said class, which credit shall be determined as follows: Multiply the then number of outside property users of such system by that sum which constitutes the difference between the inside and outside rate, as set forth by Ordinance from time to time, the product of which shall then be divided into the total amount of said cash.payment received by the City, and the quotient thereof shall constitute the number of months for which the inside rate shall be charged to each aforesaid outside property served by the system so acquired by the City; PROVIDED HOWEVER that the allowance of such credit (namely the difference between the inside water rate charge and the outside rate) shall be limited to a period of not to exceed three (3) years in any event. -1- •. F` Y � a a l SECTION II: This Ordinance shall be in full force and effect from and after its passage, approval and legal publication. PASSED BY THE CITY COUNCIL this /7-A6G day of February, 1964. Helmie Belson, City Clerk APPROVED BY THE MAYOR this ZL,�L—day of February, 1964. F ank Aliment, Mayor Approved as to Form: Gerard M. Shellan, City Attorney Date of Publication: _2 C -� -2-