024-87-Ordinance-Establishing Two Capital Reserve Funds from Water and Sewer Tap Fees-12/07/1987CITY OF SANGER, TEXAS CITY SECRETARY
ORDINANCE NO. #024-87
AN ORDINANCE ESTABLISHING TWO CAPITAL RESERVE FUNDS FROM
MONIES RECEIVED FROM THE COLLECTION OF WATER AND SEWER
TAP FEES; AND, PROVIDING FOR REPEAL OF ORDINANCES IN
CONFLICT; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING
FOR AN EFFECTIVE DATE.
SECTION I
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SANGER, TEXAS
THAT THERE IS HEREBY CREATED A:
1) Capital Reserve Fund (Water)
2) Capital Reserve Fund (Sewer)
to which will be deposited in each respective fund monies
from water and/or sewer taps less actual cost to the City
of Sanger for providing material and/or labor for the
installation of said taps. Expenditure from said funds shall
be used for capital improvements or emergency use as directed
by the governing body of the city.
SECTION II
All Ordinances or parts of Ordinances in conflict herewith
are, to the extent of such conflict, hereby repealed.
SECTION III
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 unconstitutional by the valid
judgment or decree of any court of competent jurisdiction,
such 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 unconstitutional phrase, clause,
sentence, paragraph, or section.
SECTION IV
This Ordinance will take effect
its passage and the
publication
in such cases provides.
PASSED AND APPROVED this
immediately
from and after
of the caption as the law
day of r 1987,
by the City Council of the City of Sanger, Texas.
APPROVED:
Mayor