[HISTORY: Adopted by the Borough Council of the Borough of Kittanning as indicated in article histories. Amendments noted where applicable.]
GENERAL REFERENCES
Auditor — See Ch. 10.
Authorities — See Ch. 16.
Municipal claims and liens — See Ch. 366.
Sewers — See Ch. 454.
[Adopted 10-19-1959 (Ch. I, Part 9, Secs. 171 and 172, of the 1970 Code of Ordinances)]
________________[1] be and it is hereby designated as depository of the funds to be derived by the Borough from the operation of the sewer system, which is to be leased by the Borough from the Municipal Authority of the Borough of Kittanning and is authorized to accept for deposit in an account to be known as the "Sewer System Fund" in the name of the Borough, subject to clearance or collection, moneys, checks, drafts, notes, bills of exchange, acceptances or other orders for the payment of money which may at any time come into the possession, with or without endorsement thereof by the Borough, payment thereof to the depository is authorized and directed to honor and pay and to charge to the accounts of the Borough all checks, drafts, bills of exchange, acceptances, notes or orders for the payment of money withdrawn on or addressed to said depository and signed on behalf of the Borough by the following officers:
Name
Office
Signature
A. P. Merwin
President
/S/ A. P. Merwin
Wilbur S. Bowers
Treasurer
/S/ Wilbur S. Bowers
George W. L. Starr
Secretary
/S/ George W. L. Starr
or their successors in the particular offices named whether the same be payable to the order of or in favor of the officer or person signing them, or to any of said officers in his individual capacity or otherwise.
[1]
Editor's Note: This blank was purposely left in the ordinance enacting this article so that a depository could be designated from time to time by less formal action than by ordinance. When this article was enacted, the Mellon National Bank and Trust Company was designated by motion of Council, and on 4-1-1968, the Merchants National Bank of Kittanning was so designated. The name of the current depository is on file in the Borough offices.
The words used herein which are defined in the Agreement of Lease, dated as of September 1, 1959, between the Municipal Authority of the Borough of Kittanning and the Borough of Kittanning[1] are used with the meaning as so defined.
[1]
Editor's Note: Current agreements, if any, are on file in the Borough offices.
[Adopted 12-29-1981 by Ord. No. 266-1981 (Ch. I, Part 9, Secs. 173 to 175, of the 1970 Code of Ordinances)]
In accordance with Act No. 113[1] of the General Assembly of the Commonwealth of Pennsylvania, approved October 29, 1981, effective 60 days thereafter, interest at the rate of 10% per annum shall be charged and collectible on all municipal claims of said Borough from the date of completion of the work after it is filed as a lien and on all municipal claims for taxes, water rents or rates, lighting rates, or sewer rates from the date of filing of the lien therefor.
[1]
Editor's Note: See 53 P.S. § 7143.
In accordance with said Act of the General Assembly,[1] where municipal claims are filed by said Borough arising out of a municipal project which requires said Borough to issue bonds to finance the project, interest shall be collectible on such claims at the rate of interest of the bond issue on or at the rate of 12% per annum, whichever is less.
[1]
Editor's Note: This refers to Act 113 of 1981. (See § 61-3.)
Where the provisions of any other Act or Acts of the General Assembly of Pennsylvania relating to claims by the Borough for taxes, water rents or rates, lighting rates, power rates, sewer rents or rates, or for any other Borough claim or lien, utilizes the procedure of the Municipal Claim and Tax Lien Law, as from time to time supplemented and amended, and where the provisions of such other Act or Acts of Assembly establish a rate of interest for such claims or liens other than 10% per annum, interest at the rate of 10% per annum shall be applicable to the claims and liens of said Borough provided for under such other Act or Acts of Assembly: Provided, however, that after the effective date of this article where municipal claims are filed arising out of a Borough project which required this Borough to issue bonds to finance the project interest shall be collectible on such claims at the rate of interest of the bond issue or at the rate of 12% per annum, whichever is less.