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Ordinance 2640
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Ordinance 2640
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Last modified
8/4/2023 4:09:39 PM
Creation date
8/4/2023 4:08:04 PM
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Ordinances
Ordinance Number
2640
Date
2/13/1935
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. , <br /> No credit my be taken for any such excess payments on minimuna <br /> for ny consecutive shut don period of more th six (6) month . <br /> If at the end of any oonsecutive eix monthat shut down all of the <br /> aceumulated excess payments hersinabove referred to have not been <br /> applied au u credit upon minimums acorainit dring 'such abut down, <br /> the re-tinder of auctiJ excess payments 4ay not tm applied as a <br /> credit to minimUme accruing in any subsequent ehtlt dawn period* <br /> If the shut down period hall be lose than six (6) menthe und <br /> excess payments accumulated as noreinabove provided shall net <br /> all bov4 boon orooltod upon minimums acieruilz during suoh shut <br /> town, the amount of the remaining excess not so credited, to. <br /> nether with eny exoten payments uctumulated in subsequent menthe <br /> of the fume five year period, *hall be available au credits <br /> applying uton minimum pdyments cruin uring uny subsequent <br /> shut down period (not etceeding months) din 4 said five <br /> year period* Any excese payments not uued at..4 a credit duri: <br /> ?criod 1100 1 lual not be available for credit upon minimumo <br /> accruing during rstriod <br /> (f) taything to tre contrary heroin sontiAned notwitit. <br /> standing, minimums shall not ue,true dtrinC itm:i period when, there <br /> a forced shut down of the pulp plant resulting from federal or <br /> other itovernental orders, nor during any period (hereinafter <br /> called a "stoppage period") during which for clay cause whatsoever <br /> the first party eLtil be unable or stall fail to deliVer water tu <br /> the filter intake of the seeped party* If any such for eee ntot <br /> down or stoppage period is Ices than one (1) month, the amount <br /> of non-accruing minimuma shall be oalculated at the rate of 1126 <br /> of the monthly minimw% for each secular day that such shut *town <br /> or stoppoitz cyntinues* <br /> (g) It is the trincipsi intent of this Article (VII) <br /> re1,f0 lug to m nimum payronte, that unioso a ,dofieicncy therein <br /> stall be caused by reason of minimums not accruing during the <br />
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