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CHAPTER 10 Water Works

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(1) The operation, maintenance, improvement and extension of the system of water works owned jointly with the City of Coos Bay, Oregon, at the time this charter takes effect shall continue to be entirely under the control of a board known as the COOS BAY-NORTH BEND WATER BOARD.

(2) Said water board shall have entire control of all water funds and the disbursements thereof, and shall make annual reports to the council of each city showing the true condition of the water system and its financial condition, together with a statement of its yearly operation.

(3) Said board shall have authority to make all contracts for repairs, improvements and extensions to such water system but only to the extent of the water funds available for said purposes.

(4) Said board shall have authority to employ all help necessary in its judgment in the operation of such water system and to fix the salary and wages of all employees.

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(1) The water board shall consist of four members who shall serve without pay, two of whom shall be residents of the City of Coos Bay and two of whom shall be residents from the City of North Bend.

(2) The two members from the City of North Bend shall be appointed by the mayor and confirmed by a majority of the council each for a term of four years.

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The income derived from the operation of a water system owned and operated as herein provided shall be disposed of in the following manner:

(1) The payment of costs and expenses of operation, maintenance and repairs to said water system.

(2) The payment to each city of the amounts necessary to pay the principal of and interest on any bonds issued to pay for the acquisition of such water system, and for improvements and extensions thereof.

(3) In making of improvements and extensions to said system of water works.