The foregoing schedule of rates and charges shall be subject to change and readjustment from time to time so that the revenues from the municipal waterworks system of the city will be sufficient in each year for the payment of the principal and interest on all revenue bonds hereinbefore issued or as may be hereinafter issued as and when the same become due and for the payment of the operation and maintenance of such system and to provide proper funds for a depreciation account.
('71 Code, § 953.06) (Ord. 633, passed 2-3-81)
Statutory reference:
Rates to be sufficient to pay bonds, see W. V. Code § 8-19-11