Loading...
HomeMy Public PortalAboutOrdinance No. 640-91 08-27-1991 ORDINANCE NO. 6 4 0 • AN ORDINANCE OF THE CITY OF RICHLAND HILLS, TEXAS, PROVIDING FOR PERIODIC PAYMENTS FROM THE CITY'S ENTERPRISE FUND TO THE CITY'S GENERAL FUND TO COMPENSATE THE GENERAL FUND FOR COSTS OF MAINTENANCE ATTRIBUTABLE TO WATER AND SEWER SERVICE PROVIDED BY THE CITY; PROVIDING FOR MONTHLY PAYMENTS BASED ON REVENUE ESTIMATES AND ANNUAL SETTLE-UP; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, all revenues derived from the sale of water and sewer by the City of Richland Hills, Texas, are deposited into the Richland Hills Enterprise Fund; and WHEREAS, the city's General Fund bears all of the costs associated with maintenance of the rights-of-way and easements within which the city's water and sewer lines are located; and WHEREAS, the City Council of the City of Richland Hills finds that a more accurate and equitable distribution of revenues and costs will result if the city's General Fund is reimbursed by periodic payments from water and sewer revenues contained in the city's Enterprise Fund, to cover the costs of maintenance associated with the city's water and sewer lines. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY • OF RICHLAND HILLS, TEXAS: I. That the Richland Hills Enterprise Fund shall pay to the Richland Hills General Fund an amount equal to two percent (2%) of the annual revenues derived from the sale of water and sewer service by the city. Said payments shall be made monthly, and shall be based upon the city manager's estimated revenues to be derived from the sale of water and sewer services within the city contained in the budget for the then current fiscal year. Each September, said payment shall be in an amount necessary to reconcile said estimated revenues with revenues actually received by the Enterprise Fund from the sale of water and sewer service within the city for the preceding fiscal year. Said periodic payments shall be made for the purpose of reimbursing the Richland Hills General Fund for the costs associated with supplying water and sewer service within the city which are borne by the General Fund. II. Severability Clause. That it is hereby declared to be the intention of the City Council that the sections, paragraphs, sentences, clauses and phrases of this ordinance are severable, and if any phrase, clause, sentence, paragraph or section of this ordinance shall be declared invalid or unconstitutional by the valid judgment or decree of any court of competent jurisdiction, such invalidity or unconstitutionality shall not affect any of the remaining phrases, clauses, sentences, paragraphs and sections of this ordinance, since the same would have been enacted by the City Council without the incorporation in this ordinance of any such invalid or • unconstitutional phrase, clause, sentence, paragraph or section. III. • Effective Date. This ordinance shall be in full force and effect from and after its passage and publication as provided by the Richland Hills City Charter and the laws of the State of Texas. PRESENTED, GIVEN FIRST READING AND APPROVED at a regular meeting of the Richland Hills City Council on the 27thday of August 1991, by a vote of ayes, 0 nays, and 0 abstentions. APPR D: James R. Truitt, Mayor ATTEST: !'1 Pauline Kempe, City Secretary D AS TO FORM: • Paul F. Wienesk e, City Attorney 12MLIB/082191 •