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NOW <br />ORDINANCE NO. � <br />AN ORDINANCE ESTABLISHING THE RATES TO BE CHARGED <br />FOR THE WATER TO BE FURNISHED BY THE WATER SYSTEM <br />OF THE CITY OF BATESVILLE, ARKANSAS; AND PRESCRIB- <br />ING OTHER MATTERS RELATING THERETO. <br />WHEREAS the City of Batesville, Arkansas (called 'City") <br />is proposing to construct betterments and improvements to the City's <br />Water System, including, generally, without limitation, the con- <br />struction of raw water river intake, pump station, booster pump <br />station, transmission line to plant site, feeder mains, an elevated <br />storage tank, a new water treatment plant and additions to distribu- <br />tion lines, a part of the cost of which will be financed by a grant <br />to be obtained from an agency of the Government of the United <br />States of America, and the City does not have funds available to <br />pay the cost to the City to construct said betterments and improve- <br />ments, but can obtain the same by the issuance of Revenue Bonds; <br />and <br />WHEREAS as the initial step in said undertaking it is <br />necessary for the City to establish a new schedule of water rates <br />to be charged for water to be furnished; <br />NOW, THEREFORE, BE IT ORDAINED by the City Council of the <br />City of Batesville, Arkansas: <br />Section 1. That the following monthly rates be, and they <br />are hereby, fined as rates to be charged for water to be furnished <br />and services to be rendered by the Water System of the City of <br />Batesville, Arkansas, to -wit: <br />MONTHLY WATER RATES <br />The water usage of each customer shall be determined each <br />month by meter measurement, and the amount to be paid by each <br />