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193ORDINANCE NO. AN ORDINANCE amending Section 21 of Ordinance No. 172 of the Town of Atlantic Beach, Florida, Entitled: "An Ordinance providing for the erection and construction of a Waterworks System of the Town of Atlantic Beach, Florida: liuthorizing the issuance of 4260,000.00 Utility Revenue Bonds of said Town to finance the cost of such erection and construction: And providing for the payment of the principal. and interest thereof from the net revenues derived from the operation of said Water System and from the proceeds of the Utilities Service and Cigarette Taxes heretofore levied by said Town, so as to reduce the rates and charges for the use of the services and f acil-ties of the Waterworks oystem of said Town. BE IT ORDAINED by the !iayor and Town Council of the Town of Atlantic Beach, Florida, that Section2l of Ordinance 172 of said Town, entitled: AN ORDINANCE PROVIDING FOR THE ERECTION AND CON- STRUCTION OF A WATERWORKS SYSTE:I,i OF THE TOWN OF ATLANTIC BEACH, FLORIDA: AUTHORIZING THE ISSUANCE OF X260,000.00 UTILITY REVENUE BONDS OF SAID TO -V01 TO FINANCE THE COST OF SUCH ERECTION AND CONSTRUC- TION: AND PROVIDING FOR THE PAYMENT OF THE PRIN- CIPAL AND INTERr';ST THEREOF FROM THE NET REVENUES DERIVED FROitii THE OPERATION OF SAID WATER SYSTEM AND FROM THE PROCEEDS OF THE UTILITIES SERVICE AND CIGARETTE TAXES HERETOFORE LEVIED BY SAID TOWN"" r4..T. be and the same is hereby amende o foireadas lows: I SECTION 21: The reasonable rates, rentals, fees and other charges for the use of the services and facilities of said water -works system are hereby found and determined to be and are hereby fixed and established as follows: For Establishments within the Town Limits: Single Units inimum Bill - 104,000 gallons per year) with a maximum of 26,000 gallons in j $24.00 Der year any one quarter ) Excess over 26,000 gallons per quarter as follows: Next 15,000 gallons Der quarter 30 per 1,000 gallons Next 30,000.gallons per quarter 25 per 1,000 gallons Next 60,00C gallons per quarter 20 per 1,000 gallons All over 131,000 gallons per quarter 15 per 1,000 gallons iult i.ple Units a For all multiple units served through the same meter the rates shall be in accordance -';ith the following -scale, and the mini- mum allowance shall be in direct proportion to the minimum rate paid allowing 104,000 gallons per year for each V'24.00 of annual minimum rate. All excess gallonage shall be charged for at the same rate as provided for single units above. 2 Units - w36.o0 per year 5 Units - 972.00 per year 3 Units - 4$.00 per year 6 Units - 84.00 per year 4 Units - 60.00 per year 7 Units - 96.00 Der year All Units over 7 - X10.00 per year for each additional unit. Rates for consumers located beyond the town limits shall be 150.q of the rate or rates charged for similar consumers located within the town limits. Rate for excess consumption same as schedule for single units within Town limits. The Town further covenants that the rates, rentals, fees or other charges (or higher rates, rentals, fees or other charges if the same should be necessary) will be charged and collected for the use of the services and facilities of said Water System as long as the bonds issued hereunder and the interest thereon are outstanding and unpaid. The schedule of rates as above set forth shall not be reduced, nor shall any subsequent schedule of rates be at any time -reduced, unless all payments required to be made into any funds created by the provisions of said Oridnance No. 172, including any deficiencies for prior payments have been made in full". Passed by the Town Council on first reading August 7, 1956. Passed by the Town Council on second reading August 7, 1956. Passed by the Town Council on third and final reading and cer- tified to the I'iayor, August 14, 1956. Attest: Appro th's August 14, 56 or 7, k _11_ Town Clerk 7