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Bessemer Herald in Bessemer, Michigan

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Newspaper

Bessemer Herald

Location

Bessemer, Michigan, United States of America

Date

Dec 18, 1952

Page

6

Water and Sewer Bonds and Rate Provisions Detailed

The ordinance outlines principal and interest payments solely from net revenues of the Water Supply and Sewer Systems with a city lien, possible receivership on default, private sale of bonds, and deposit of sale proceeds. It sets water and sewer rates as of 1950 and 1962 respectively, mandates rate-based revenue for debt service, and details tenant protections, enforcement, and city duties, including insurance, bonds, and fund structures for operations and extensions.

Bessemer Municipal Finance Commission Board of Public Works Common Council State of Michigan

Science and religion linked in mental health crisis

Dr G Jung warns that alcoholism mental illness and suicides reflect spiritual hunger without religious outlook Scientists see soul health as key to mind health and seek help not just from doctors but through prayer Rev Patrick J Peyton notes that crisis stems from loss of faith and need for spiritual nourishment Family Theatre founder promotes this view through The Paulist Information Service Washington 17

G. Jung Walter Lippmann Patrick J. Peyton The Family’ Theatre T Paulst Informaton Service Washington

Water and Sewer Revenue Funds Allocation Ordinance

Revenues from the Water Supply and Sewer Systems are set aside each month into dedicated funds. Operations and Maintenance, Bond and Interest Redemption, and a Reserve Fund for bonds are funded first, with extensions and improvements funded from remaining proceeds. The section covers deposit rules, fund transfers, reserve thresholds, and fund separation by depository. The operating year runs October through September, with bonds requiring Municipal Finance Commission approval.

Board of Public Works Besseemer National Bank Bessemer Michigan City of Municipal Finance Commission

Also Mentioned on This Page

Said United States Man Florsheim Albert’s Clothing Store R. J. Mullen BUS Servic Northwestern Motor Bus Co D& S Municipal’ Finance Commission TOL Ac Cali America's Beverage OF Cryoyet Goebel Brewing Co Michigan Brewers’ Association Francis Palms Detroit Altes Brewing Co E&b Brewing Co Frankenmuth Brewing Co Pfeiffer Brewing Co Sebewaing Brewing Co the Stroh Brewery Co
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