HomeMy WebLinkAbout0056 Annual Appropriation 1962ORDINANCE NO. 56
AN ORDINANCE OF THE VILLAGE OF CHUBBUCK, BANNOCK COUNTY, IDAHO,
APPROPRIATING THE SEVERAL SUMS OF MONKEY DEEMED NECESSARY AND
SUFFICIENT TO DEFRAY ALL EXPENSES AND LIABILITIES OF THE VILLAGE OF
CHUBBUCK, FOR THE FISCAL YEAR BEGINNING ON THE FIRST DAY OF JANUARY,
1962s AND ENDING ON THE 31st DAY OF DECEMBER, 1962, AND DESIGNATING
THE DIFFERENT FUNDS TO WHICH THE REVENUES REEEIVED DURING SAID FISCAL
YEAR SHALL BE CREDITED AND FROM WHICH EXPENSES SHALL BE DRAWN AND PAID,
AND KNOWN AS THE " ANNUAL APPROPRIATION ORDINANCE OF 1962."
BE IT ORDAINED By the Chairman and the Board of Trustees of the
Village of Chubbuck, Bannock County, Idaho:
Section l: That the following named funds are hereby designated as
the proper funds into which all revenue accruing to the Village of
Chubbuck from all sources shall be paid during the fiscal year
beginning on the 1st day of January,1962 and ending on the 31st day
of December, 1962:
General Fund
Revenue Bond Interest Fund
Revenue Bond Sinking Fund
General Bond Interest Fund
General Bond Sinking Fund
Section 2: That the following sums of money are hereby appropriated
from the General Fund for the payment of all general expenses of the
Village of Chubbuck during aforesaid fiscal year:
For maintenance of Village Streets .... 4tOOO.100
For Street Lights ......... .........................,..... 1,5009.00
For salaries & wages, including salaries of the Police
Officer, Water Superintendent, Village Clerk, and retainer
of Village Attorney, and other salaries .................413,100.00
For operation and maintenance of Village Waterworks
System, including extensions thereto . ....................$17,9405.00
For Village Fire Department .............................. 1,056.00
For all other miscellaneous & contingent purposes 0000090420,721.50
Total . ............................... .....................$57,782.50
Section 3: For the purpose of the payment of the interest accruing
and payment of the principal falling due on the Waterworks System
Revenue Bonds of 1951, during the aforesaid fiscal ,year, there is
hereby appropriated out of the income from water rentals, the
following sums for the following purposes:
For the payment of interest on said bonds ............ $ 1,840.00
For the payment on principal on said bonds 3 s 000.00
For the payment on the principal and interest on the
Whitaker Road Extension Contract of 1959 0 255.00
All revenue accruing from the operation of the municipal
Waterworks System, in excess of the money required for payments on the
revenue bonds, shall accrue to the General Fund, and be used for
general purposes as appropriated and set out in Section 2 of this
Ordinance,
Section 4: For the purpose of meeting all other liabilities of the
Village of Chubbuck for the aforesaid fiscal year, all money accruing
to the General Bond sinking fund and interest fund, or so much thereof
as may be necessary, is hereby appropriated from said funds to be used
for the following purposes:
For the payment of interest on the General Obligation
Waterworks Bonds of 1957 .•...... $ 19147-50
For the payment on the principal of the General
Obligation Waterworks Bonds of 1957 ••. $ 1,500,00
Section 5: That all ordinances, resolutions, or parts thereof, in
conflict herewith, are hereby expressly repealed, and that this
Ordinance shall be in full force and effect from and after its passage,
approval, and publication, as required by law, and shall be known as
the "Annual Appropriation Bill of 1962 ".
PASSED AND APPROVED this day oft 4 196-2.
LdisrjT S. avis
Chairman, Board of Trustees
ATTEST:
Geneva D. Valenty
Village Clerk
(Village Seal )