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r . <br /> ORDINANCE NO. 1977-141 <br /> AN ORDINANCE AMENDING CHAPTER 314 OF THE HUGO CITY CODE, ENTITLED, <br /> "WATER SYSTEM" TO PROVIDE FOR THE ESTABLISHMENT OF WATER RATES BY <br /> RESOLUTION OF THE CITY COUNCIL AND TO PROVIDE FOR SPECIFIC <br /> DESIGNATION OF WATER REVENUE FUNDS . <br /> The City Council of the City of Hugo, Washington County, <br /> Minnesota, hereby ordains: <br /> 1. In Section 314-12, entitled, "Discontinuance of <br /> Service" , commencing on the seventh line, delete <br /> the following "together with interest thereon at <br /> the rate of six percent (6%) per annum." <br /> 2 . In Section 314-18, entitled, "Water Rates" delete <br /> the entire section, and insert in lieu thereof <br /> the following: <br /> "314-18. WATER RATES . A water use rate is hereby <br /> imposed upon each premise served by the city water <br /> system. The water use rate shall be based on a <br /> calendar quarterly basis, and be established from <br /> time to time by City Council Resolution. In the <br /> event of termination of service before the end of <br /> a quarter, the usage charge shall be prorated to <br /> the nearest month' s use. If more than two <br /> business or family dwelling units draw water <br /> through one meter, the quarterly minimum shall <br /> apply to each unit . A penalty of ten percent (10%) <br /> shall be added to all bills not paid by the date <br /> fixed for final payment ." <br /> 3. • In Section 314-20, entitled, "Water Revenue Fund" <br /> delete the article in its entirety, and insert <br /> in lieu thereof the following: <br /> "314-20. WATER REVENUE FUND. All funds received <br /> from the collection of assessments and special <br /> service charges shall be deposited by the City <br /> Treasurer or other designated person, and be kept <br /> in a separate fund which shall be identified as <br /> Water Sinking Fund. These funds shall be used <br /> for retirement of indebtedness incurred for the <br /> construction of such city water system. Water <br /> use charges and special connection charges (314-2) <br /> shall be deposited by the City Treasurer or other <br /> designated person and be kept in a separate fund <br /> which shall be identified. as Utility Fund (sewer <br /> and water) . These funds shall be used for payments <br /> of cost of operation and maintenance of the sewer <br /> system and water system in the City of Hugo." <br />