LEG00164

• Bill Number: SB05-083
• Year: 2005
• Title: Concerning creation of a south metro water conservation district
• Legislation - Doc Type: Other CWCB Related Bills - Killed

e

I
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27

.

e

(b) THE BOARD MAY FIX REASONABLE PENALTIES FOR ANY
DELINQUENCIES, INCLUDING BUT NOT LIMITED TO INTEREST ON
DELINQUENT SERVICE CHARGES FROM ANY DATE DUE AT A RATE NOT
EXCEEDING ONE PERCENT PER MONTH OR FRACTION OF A MONTH,
REASONABLE ATTORNEY FEES, AND OTHER COSTS OF COLLECTION,
(3) THE DISTRICT SHALL PRESCRIBE AND, FROM TIME TO TIME
WHEN NECESSARY, REVISE A SCHEDULE OF SERVICE CHARGES, WHICH
SHALL BE SUCH THAT THE REVENUES FROM THE SERVICE CHARGES OF THE
DISTRICT SHALL AT ALL TIMES BE ADEQUATE, EXCEPTTOTHE EXTENT THAT
THE PROCEEDS OF ANY GENERAL AD V ALOREM TAX OR OTHER MONEYS ARE
AVAILABLE AND USED, AFTER AN ALLOWANCE IS MADE FOR
DELINQUENCIES ACCRUED AND REASONABLY ESTIMATED TO ACCRUE BY
THE BOARD, FOR THE PAYMENT OF SUCH SERVICE CHARGES, WHETHER
RESULTING FROM ANY DELINQUENCY OF ANY MEMBER MUNICIPALITY,
OTHER PUBLIC BODY, OR OTHER PERSON, OR FROM ANY OTHER CAUSE, THE
SERVICE CHARGES SHALL BE USED:
(a) To PAY ALL OR PART OF THE EXPENSES OF CAPITAL COSTS,
ADMINISTRATION, OPERATION, AND MAINTENANCE OF THE WORKS AND
FACILITIES, INCLUDING RESERVES, INSURANCE, AND IMPROVEMENTS;
(b) To PAY PUNCTUALLY THE PRINCIPAL OF AND INTEREST ON ANY
SECURITIES PAYABLE FROM REVENUES OF THE DISTRICT OR ITS WORKS OR
FACILITIES AND ISSUED OR TO BE ISSUED BY THE DISTRICT;
(c) To MAINTAIN RESERVES OR SINKING FUNDS; AND
(d) FOR THE PAYMENT OF ANY EXPENSES INCIDENTAL TO WORKS
OR FACILITIES OR ANY PROJECT AUTHORIZED IN THIS ARTICLE, ANY
CONTINGENCIES, ACQUISITIONS, IMPROVEMENTS, AND EQUIPMENT, AND
ANY OTHER COST AS MAY BE REQUIRED BY THE TERMS OF ANY CONTRACT

-23-

SB05-083