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HomeMy WebLinkAboutOrdinances Book 10, Page 1202, No Ordinance Number1202 L7 3a 1 1 l7 ,4"e V AJ U. Ji-: C a IC (;U LI ...i L CUA-'. 1..1 _. A (-!-'' ,1 " C.: Gv:.:Pi.i:SA I'I0:'. .: ?1C: ".i L.'r ..TALL i,: / .'i,It 'T�>✓TR S_._,':ICLS BE IT OTDAI-N D a`[ P, 30AaD 0' CC.•.•I'-:SIONL&S OF ?"r?E CITY OF PADUCAH, KEN UCKY: ShCTION 1. There is hereby cceated a board to be styled the "Commissioners of ':rater "orks" comoosed of three members a�oointed by the °•ayor. the members appointed after the adoption of t'nis ordinance to succeed those nor. servin shall be appointed for one (l) , tr:o (2) , and three (3) years respectively, and thereafter one member shall �e appointed each year for a term of three (3) years and until ?-iii• successor _s appointed and ouali fied. Said Comml�:--iOners of ..ater,.,orks shalleach respectively receive'f'hree Hundred (1.33D.00) yollars per year as compensation for his services, payable out of the income of said water r:orks which may be assined to operatin expenses, the same to be paid in eo,,a.l monthly install:rents. The Commissioners of !!.aterworks shall each execute a bond in the sum of rive T'hou-sand ('5000.:)0) jollars for the faithful performance of his duties, the premium on such bond to be paid as other aperatin expenses of said —aterworks. nvo members of the board shall constttute a cuorum for the transaction of business. SECTI01? 2. Said Commissioners of •ater sim ks shall control and mana;;e the water •,rorl:s and crater system of tl:e city subject to the limitations and requirer:;ents of this ordinance and of the laws of the State of Kentucky. they shall have full poser and authority to appoint and remove all em.ployces of said water crork and to fix and allow the compensation for such employes. Said Commissioners of ••aterwoeks shall have the r1 --ht and are hereby riven power and authority to do any and all acts necessary or proper in the administration of said water works, except that in the lower'.n3 or raising of rates for servl ce said Commissioners of Iraterworks shall make their recommendations to the -card of Commissl.oners of said city, or other le3islative body of said Ci y, and such rates so recommended shall not become effective until sane have been ratified by the leZislative authority of said mit aid Commissioners of •.ater-aorks shall cause all of the income and revenues of said .co ter v:orks to be se re ;n ted into the prone funds provided in an ordinance adopted simultaneously witi the a 1.`:.7 adoption of this ordinance and providin,; for the issuance of bond known as":ater :7orks Revenue Bonds for the purpose of purchasing and acquiring said water ;corks in the City of Paducah; and shall make and deliver to the La;;or monthly reports in detail of all e::.-)enditures and of all collections,and of the amount a -)portioned to each fund aforesaid, and they shall have oo•ser and authority to select depositories and to require such de,ositories to execute bonds to secure the City and said Commissioners of .,ater works and the holders of any bonds issued for the purpose of purchasing said water works a-ainst any loss or damage on account of loss, defalcation or misapplication of said funds. All of the :Funds collected and received in the operation of said waterworks s' all be deposited in said separate ftinds as herein provided, and as provided in said ordinance orovidin for said water works bonds aforesaid. 5ECTlOU 3. The accounts of said water r:or'.;s and the records of said Commissioners of '. aterworks shall be audited and insoectei once each month by the Auditor of the Cit,; of Paducah and a report thereof made to the 1"ayor, and all of the acc=ounts , record, end transactions of said Commissioners of '.;aterworks, and all of the records and accounts in connection wit'^ the operation of said watervrorks shall be audited by a certified public accountant once each year aid a peoort thereof filed with the t:ayor of said City. '1*ne e;coense of making said annual audit shall be charged to the Operation and ;.:aintenance Account of said water works. SEC TION 4. Said Commissioners of ^;aterworks shall have power and authority to do any and all acts necessary and proper it the management and operation of said water r:orks, and to purchase all supplies and cause all .-ork necessary in connection therewith to be done and paid out of the funds available for that purpose; they shall select all employes that may be necessary, includin-. a secretary or treasurer, .;ho shall be the employe charted with receivin.] and accounting for the funds and revenues of said water works. Said secretary or treasurer shall not be a member of said commission, but he`5,hall be required to execute a bond in the sum of Nenty T'nousand (;'.20,000.00) collars to secure the faithful accounting of all funds entrusted to him, which bond shall be continued in force and effect, and the premium thereon to be said as other operating expenses and upon the cancellation or termination of any such bond the accounts of said secretary 1204 9 or treasurer shall be cicsed and an accounting rade L%iereof. Payments of all accounts for r'ive (:^.5,00) Lollars or more shall be by check, and all checks shall be dravm upon the proper account and si7ned by said secretary or treasurer. SECTIO -9 5. All ordinances and .carts of ordinances in conflict here:iit are to the ext--nt of such conflict hereby repealed. SECTIOii 6. This ordinance shall be in full force and effect from and after its adoption. or Passed by the --oard of COmfnissloners, =u�;ust 19th, 1995. Recorded b! Hudy S te,. ar t, Oi ty Clerl-, 9u�us t 14th, 1945.