1989-046 - Laserfiche WebLink

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"JJ. "Surcharges" shall mean special rates, fees and charges for water or sewer service imposed for a limited time and purpose by ordinance adopted by the Board and in addition to the usual uniform water and sewer service rates, fees and charges of the County. "KK. "System" shall mean the water and sewer systems now owned and operated by the County, wherever located in the County, together with any and all improvements, extensions and additions thereto hereafter constructed or acquired, and any physically independent water or sewer system hereafter made a part of the System by resolution of the Board together with any and all improvements, extensions and additions thereto thereafter constructed or acquired. Without intending to limit the generality of the foregoing sentence, "System" shall include all property, real, personal and mixed, rights, powers, licenses, easements, rights of way, privileges, franchises and all other property or interests in property of whatsoever nature, including but not limited to vehicles, rolling stock, buildings, pipes, pumps, machinery, tanks, mains, conduits, meters and other equipment, used or useful in connection with ownership, operation and maintenance of such water or sewer systems by the County. "LL. "Term Bonds" shall mean the Bonds of a series all of which are stated to mature on one date but which shall be subject to earlier retirement by operation of the Bond Amortization Account. rm Charges" shall mean all receipts and venues of the County derived fromUthe oimposition, collection and enforcement ofeuniform water and sewer service rates, fees and charges for the use of and the services furnished or to be furnished by the facilities constituting the System, including the earnings and interest income derived from the investment of money on deposit in the various funds and accounts created in connection with the System, but excluding,Surcharges, Impact Fees; Special Assessments, Franchise Fees and Fees in lieu of Franchise Fees. "Words importing singular number shall include the plural number and vice versa and words importing persons shall include firms and corporations or other entities and vice versa. follows: "SECTION 3. FINDINGS. It is hereby found and determined as "A. The County presently owns and operates the System. "B. The County has previously issued the Original Bonds to finance the costs of acquisition and/or construction of the System and, pursuant to Resolution 82-61, as amended, of the Board, declared all of such Original Bonds to be secured by a pledge of the gross revenues of the System. - 7 -