59.1.17 Expiration of Rates For Bond Debt
Section 59.1.17 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issued to fund the construction of Stormwater collection and conveyances systems and stormwater improvements shall be repealed upon redemption or maturity of such bonds.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:
- 59.1.01 Adoption of State Law
- 59.1.02 Creation of Special District
- 59.1.03 Purpose and Objective
- 59.1.04 Department of Stormwater Management
- 59.1.05 Definitions
- 59.1.06 Stormwater Service Charge
- 59.1.07 Stormwater Service Rate Establishment
- 59.1.08 Rate Structure and Calculation
- 59.1.09 Billings; Terms of Payment
- 59.1.10 Appeals of ERU Determination
- 59.1.11 Credit Policies and Procedures
- 59.1.12 Private Stormwater Facilities
- 59.1.13 Stormwater Revenue Fund
- 59.1.14 Delinquent Fees and Penalties
- 59.1.15 Violations, Enforcement and Penalties
- 59.1.16 Severability
- 59.1.18 Effective Date of Ordinance