Ordinances-1969-62

Section 5. It is hereby made the duty of the Town Clerk to render bills for water service and all other charges in connection therewith and to collect all moneys due therefrom. Section 6. All revenues and moneys derived from the operation of the water system shall be deposited in a separate and special account of said Town designated the "Waterworks Fund Account," created by the resolution adopted by the Town Council of said Town on December 1, 1969, authorizing the issuance of the Waterworks Revenue Bonds referred to in the preamble hereof, and credited and administered as therein provided. Section 7. The Town shall establish a proper system of accounts and shall keep proper records, books and accounts in which complete and correct entries shall be made of all transactions relative to the water system and at regular annual intervals the Town Council shall cause to be made an audit by an independent audit concern of the books to show the receipts and disbursements of the water system. Section 8. That if any section, paragraph, clause or provision of this ordinance shall be held to be invalid or ineffective for any reason, the remainder thereof shall remain in full force and effect, it being expressly hereby found and declared that the remainder of this ordinance would have been adopted despite the invalidity of such section, paragraph, clause or provision. Section 9. That all ordinances, resolutions and orders or parts thereof in conflict herewith are to the extent of such conflict hereby repealed, and that this ordinance shall take effect from and after its adoption and posting as provided by law. Passed and approved December 1, 1969. C.E. "Bill" Bream Mayor Recorded December 1, 1969 Posted December 2, 1969. Attest: Kandy Kobold Town Clerk Kandy Kobold Town Clerk