HomeMy WebLinkAbout0064 Annual Appropriation 1965O DINANCE NO.
AN ORDINANCE OF THE VILLAGE OF CHUBBUCK, BANNOCK COUNTY, IDAHO,
APPROPRIATING THE SEVERAL SUMS OF MONEY 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, 1965, AND ENDING
ON THE 31ST DAY OF DECEMBER, 1965, AND DESIGNATING THE DIFFERENT FUNDS
TO WHICH THE REVEN~ RECEIVED DURING SAID FISCAL YEAR SHALL BE CREDITED
AND FROM WHICH EXPENSES SHALL BE DRAWN AND PAID, AND KNOWN AS THE
~ANNUAL APPROPRIATION ORDINANCE OF 1965o"
BE IT ORDAINED By the Chairman and Board of Trustees of the Village
of Chubbuck, Bannock County, Idaho:
Section 1: That the following funds are hereby designated as the proper
funds into which all revenue accruing to the Village of Chubbuck from all
sources shall be pai~ during the fiscal year beginning on the 1st day of
January, 1965 and ending en the 31st day of December, 1965:
General Fund
Revenue Bond Interest Fund
Revenme Bon~ Sinking Fun~
General Bon~ Interest Fund
General Bond Sinking Fund
Section 2: That the following sum~ of money are hereby appropriated
from the General Fun4 for the payment of all general expenses of the
Village of Chubbuck during aforesaid fiscal year:
For maintenance of Village Streets ....... $
For Street Lights $
18,710.40
2,500.00
For salaries and wages, including salaries of Police
Officers, Water Superintendent, Village Clerk, and
retainer of Village Attorney, and :11 other salaries -----~$ 21,520.00
For operation and maintenance of Village Waterworks
System, including extensions thereto $ 29,875.00
For Village Fire Department $ 5,430.00
For all other miscellaneous & contingent purposes .$ 15,9,92.88
Total $ 94,028° 28
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 the water rentals, the following sums for the
following purposes:
For the payment of interest on said bonds
For the payment on principal on said bonds
For the payment on the principal and interest on the
Whitaker Road Extension Contract of 1959
$ 1,400.00
$ 4,000.00
Ail 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 ~: 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 $ 922.50
For the payment on the principal of the General Obligation
Waterworks Bonds of 1957 $2,000.00
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 1965."
PASSED AND APPROVE~ THIS
DAY OF JANUARY, 1965
Chairman, Pro-Tem
Board of Trustees
ATTEST:
G~neva DJ Valefity
Village Clerk
(Village Seal)