HomeMy WebLinkAbout13502RESOLUTION NO. 13,502
A RESOLUTION SETTING THE DATE FOR A PUBLIC HEARING ON
JUNE 5, 2012, ON A SEWER RATE INCREASE, THE ESTABLISHMENT
OF SEWER CHARGES FOR REIMBURSEMENT OF CERTAIN COSTS
INCURRED BY ELIGIBLE DOMESTIC CUSTOMERS FOR THE
REPLACEMENT OF DEFECTIVE PRIVATE SEWER SERVICE LINES,
AND THE ISSUANCE OF SEWER REVENUE BONDS FOR THE
PURPOSE OF FINANCING EXTENSIONS, BETTERMENTS AND
IMPROVEMENTS TO THE CITY'S SEWER SYSTEM.
WHEREAS, the City of Little Rock, Arkansas (the "City ") owns a Sewer System (the
"System "), which is operated by the Sanitary Sewer Committee of the City (the "Committee "); and
WHEREAS, there has been introduced for consideration by the Board of Directors an ordinance
increasing rates for the services of the System and the establishment of sewer charges for reimbursement
of certain costs incurred by eligible domestic customers for the replacement of defective private sewer
service lines; and
WHEREAS, the Committee has determined that there is a need for a rate increase to operate and
maintain the System in order for the System to provide quality sanitary sewer system service to the City
and its inhabitants; and,
WHEREAS, the Committee has determined that a monthly charge should be established to be
paid by certain eligible domestic customers for the replacement of defective private sewer service lines;
and
WHEREAS, the Committee has determined that there is a need to issue sewer revenue bonds to
finance the acquisition, construction and equipping of extensions, betterments and improvements to the
System that are necessary in order for the System to provide quality sanitary sewer service to the City and
its inhabitants;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE
CITY OF LITTLE ROCK, ARKANSAS:
Section 1. That June 5, 2012, at 6:00 p.m. shall be the date and time for a public hearing on
the sewer rate increase, the establishment of sewer charges for reimbursement of certain costs incurred by
eligible domestic customers for the replacement of defective private sewer service lines, and the issuance
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of sewer revenue bonds for the purpose of financing extensions, betterments and improvements to the
System.
ADOPTED: May 15, 2012
ATTEST: APPROVED:
Toya Wbinson, AssistaiU�City Clerk Mark Stodola, Mayor
APPROVED AS TO LEGAL FORM:
e'-44k',2 M . '� 16
Thomas M. Carpenter, City torney
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