St. Charles Parish - File #: 2006-0397

• File #: 2006-0397
• Version: 2
• Name: Authorizing the incurring of debt and issuance from time to time of Revenue Bonds of Consolidated Waterworks and Wastewater District No. 1
• Type: Ordinance
• Status: Enacted
• File created: 12/4/2006
• In control: Parish Council
• Final action: 12/19/2006
• Enactment date: 12/19/2006
• Enactment #: 06-12-27 AMENDED
• Title: An ordinance of the St. Charles Parish Council authorizing the incurring of debt and issuance from time to time of Revenue Bonds of Consolidated Waterworks and Wastewater District No. 1 of the Parish of St. Charles, Louisiana; prescrib­ing the form, providing for the rights of the holders thereof; providing for the payment of said Bonds and the application of the proceeds thereof; and providing for other matters in connection therewith.
• Sponsors: Albert D. Laque, Bond Counsel
• Indexes: Taxes (Utilities Revenue Refunding Bonds $34,000,000)
• Related files: 2007-0013, 2021-0143, 2006-0398, 2021-0049

Date	Ver.	Action By	Action	Result
12/21/2006	2	Parish President	Approved by the Par. Pres.
12/19/2006	1	Parish Council	Amended	Pass
12/19/2006	2	Parish Council	Approved as Amended	Pass
12/18/2006	1	Parish Council	Public Hearing Requirements Satisfied
12/18/2006	1	Parish Council	Deferred	Pass
12/4/2006	1	Parish President	Introduced
12/4/2006	1	Parish Council	Publish/Scheduled for Public Hearing

2006-0397
INTRODUCED BY: ALBERT D. LAQUE, PARISH PRESIDENT
(BOND COUNSEL)

GENERAL REVENUE BOND
ORDINANCE NO.

Title
An ordinance of the St. Charles Parish Council authorizing the incurring of debt and issuance from time to time of Revenue Bonds of Consolidated Waterworks and Wastewater District No. 1 of the Parish of St. Charles, Louisiana; prescrib­ing the form, providing for the rights of the holders thereof; providing for the payment of said Bonds and the application of the proceeds thereof; and providing for other matters in connection therewith.
Body

WHEREAS, Consolidated Waterworks and Wastewater District No. 1 of the Parish of St. Charles, Louisiana (the "Issuer") now owns and operates a utilities system as a single revenue producing public utility, consisting of the combined waterworks plants and systems, as more fully described in Section 1.1 hereof; and

WHEREAS, the Issuer has outstanding the following described revenue bonds which are payable from a pledge and dedication of the net income and revenues of the Water System, viz:

Authorized by
Date of Principal Ordinance
Issue Issue Outstanding Maturing Adopted on:

Utility Revenue Refunding Bonds, May 1, 2003 $1,785,000 7/1/07 to March 17, 2003
Series 2003 7/1/10 as supplemented April 21, 2003


Utility Revenue Refunding Bonds, June 17, 1999 $5,775,000 7/1/2007 to May 3, 1999
Series 1999 7/1/16


WHEREAS, the Issuer will defease the Utility Revenue Refunding Bonds, Series 1999 and Utility Revenue Refunding Bonds, Series 2003 (collectively, the ARefunded Bonds@) or otherwise terminate the pledge of the revenues of the Water System to such Bonds prior to the delivery of any of the bonds authorized and provided for hereby; and

WHEREAS, the Issuer wishes to provide for the issuance from time to time of its revenue bonds payable from the revenues of the Water System; and

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