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CITY OF NORTH OLMSTED ORDINANCE NO. 69-Sp BY 4-4. &A4? AN ORDINANCE ESTABLISHING RATES TO BE CHARGED FOR THE SERVICES OF THE MUNICIPAL SANITARY SEWERAGE SYSTEM UTILITY OF THE CITY OF NORTH OLMSTED, AND REPEALING ORDINANCE NOS. 67-185, ENACTED JUNE 26, 1967, 61-156, ENACTED AUGUST 15, 1961, 61-110, ENACTED MAY -16, 1961, AND 3159, ENACTED NOVEMBER 15, 1960, AND AIVD DECLARING AN EMERGENCY WHEREAS, Council of the City of North Olmsted has heretofore a determined to construct, and the City is now in process of constructing , sewerage system and sewage treatment works and has determined to operate the same, together with all additions thereto hereafter made or acquired by the City ( hereinafter generally called the " System as a public utility ; and WHEREAS, by Ordinance No. 2867 Council established certain rates and charges for the service provide to assure sewe oreenueslat dleas?t found it necessary to revise such rates so as sufficient to meet the cost of operating and maintaining the System and also debt charges, reserve and other requirements of its mortgage revenue bonds heretofore authorized and sold for the purpose of financing part of the cost of constructing the System, for which purpose this ordinance shall supersede Ordinance No. 67-185, Ordinance No. 61-156, Ordinance No. 61-110, and Ordinance No. 3159. WHEREAS, to facilitate the proper billing and collection of such charqes with respect to properties now or hereafter served by the waterworks system of the city of Cleveland, Council proposes to authorize the Cleveland Water Department to handle such billing along with its billing for water supp 'ed by it ; and WHEREAS, to protect the health of the City and its inhabitants the Council has enacted Ordinance N with properties Systemtimmediately City producing sanitary sewage to connect upon its becoming available therefor. NOW, THEREFORE, BE IT ORDAINED by the Council of the City of North Olmsted, State of Ohio : Section 1. That it is hereby determined a and welfa e of the ? for the due protection of the public peace, safety, health City of North Olmsted to establish a? a b e o having conne ?i?n with the Sy t m. upon all lots, lands and premises se Y Section 2. That the funds received #rom the collection of the rates and charges hereinafter provided shal aterfund desig ed "tSe ?rector of Finance, who shall keep the same in a sepa ordinance or indenture of Revenue Fund . Subject to the provisions of any mortgage authorizing the issuance of and securing mortgage revenue bonds for the System, monies, in said Funlce, used afor ndhmanag ment of the cost and expense of operation, maintenan System and any surplus in said Fund °Vent o fdeb? charges on bonds issu dn before men tio n e d m a y b e u s e d f o r p a y for construction of the System and for enlargements of and replacemen ts tD t h e System and parts thereof.