[R.O. 2004 § 705.050; Ord. No. 2.33 §§ 1 — 2, 10-11-1983]
A. The City of Mount Vernon hereby undertakes
to comply with all lawful regulations of the FERC codified in Subpart
C of 18 CFR 292 dealing with arrangements with qualifying cogeneration
and small power production facilities under Section 210 of PURPA.
B. The Public Works Director and the City
Attorney are jointly and severally authorized and directed to file
with the FERC a copy of this Article reflecting the City's compliance
with 18 CFR 292.401(c).
[R.O. 2004 § 705.070; Ord. No. 13.84 § 1, 11-9-2010]
A. The Board of Aldermen hereby approves and
accepts payment in lieu of taxes from the proprietary fund to the
general fund of the City, the amount and terms thereof to be determined
by the Board of Aldermen after providing for operating expenses, depreciation
accruals, amortization of any bonds and/or lease payments and reasonable
accumulation of operating reserves. Municipal utilities shall pay
into the general revenue fund of the City each month ten percent (10%)
of the gross operating revenue of the electric, water, and wastewater
systems, if any, which said payments shall be in lieu of taxes.
B. The Board of Aldermen hereby approves and
accepts that municipal utilities shall be furnished, without charge,
at the request of the Board of Aldermen, utilities to all City-owned
buildings and grounds as needed.