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Ordinance 1891-92
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Ordinance 1891-92
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5/2/2017 9:42:01 AM
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Ordinances
Ordinance Number
1891-92
Date
9/23/1992
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consideration to the interest to the fixed maturities of the <br /> Refunding Bands and the Refunded 1988 Bonds being refunded, the <br /> costs of issuance of the Refunding Bonds, including the sale <br /> discount, and the known earned income from the investment of the <br /> proceeds of sale of the Refunding Bonds pending redemption of the <br /> Refunded 1988 Bonds . <br /> The Council hereby finds that it is in the best interests of <br /> the City and the users of the system to amend the Agreement and <br /> issue the State Bonds in order to facilitate future System <br /> financings . <br /> Section 3 . Plan of Additions to the System. The following <br /> plan for the acquisition, construction and installation of <br /> additions and betterments to the System is hereby specified and <br /> adopted, to wit : <br /> The City shall acquire, construct, install and equip capital <br /> improvements for the expansion of the City' s water filtration <br /> plant to improve the efficiency of the existing treatment system. <br /> Said facility will require the construction or installation of <br /> the improvements specified in Exhibit A, attached hereto. <br /> The City shall provide all equipment, connections and <br /> appurtenances together with all work as may be incidental and <br /> necessary to complete the Project . The Project facilities shall <br /> be integrated into the System as required to provide a fully <br /> operational facility. <br /> The City may make such changes in or additions to the <br /> Project or in the construction or design of other facilities of <br /> 16 Fww003.Doc 92109!21 <br />
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