Section 59.17 EXPIRATION OF RATES FOR BOND DEBT
Section 59.17 EXPIRATION OF RATES FOR BOND DEBT
The portion of the rates and charges that represents debt service on bonds issued to fund the construction of Stormwater collection and conveyances systems and stormwater improvements shall be repealed upon redemption or maturity of such bonds. Upon redemption or maturity of such bonds, the Board of Stormwater Management shall send written notice to Common Council and shall also give public service announcements to the ratepayers of the redemption or maturity of such bonds.
More Categories:
- Section 59.01 ADOPTION OF STATE LAW
- Section 59.02 CREATION OF SPECIAL DISTRICT
- Section 59.03. PURPOSE AND OBJECTIVE
- Section 59.04 DEPARTMENT OF STORMWATER MANAGEMENT
- Section 59.05 DEFINITIONS
- Section 59.06 STORMWATER SERVICE CHARGE
- Section 59.07 STORMWATER SERVICE RATE EST.
- Section 59.08 RATE STRUCTURE AND CALCULATION
- Section 59.09 BILLINGS; TERMS OF PAYMENT.
- Section 59.10 APPEALS OF ERU DETERMINATION.
- Section 59.11 CREDIT POLICIES AND PROCEDURE
- Section 59.12 PRIVATE STORMWATER FACILITIES, etc.
- Section 59.13 STORMWATER REVENUE FUND
- Section 59.14 DELINQUENT FEES AND PENALTIES AS LIE
- Section 59.15 VIOLATIONS, ENFORCEMENT AND PENALTIE
- Section 59.16 SEVERABILITY.
- Section 59.18 EFFECTIVE DATE OF ORDINANCE