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HomeMy WebLinkAbout0081 Annual Appropriation 1969/'� ORDINANCE NO. f /'1N AN ORDINANCE OF THE CITY OF CHUBBUCK, BANNOCK COUNT -Y, IDAHO APPROPRIATING THE SEVERAL SUMS OF M'ONEY D=4ED NECESSARY AND SUFFICIENT TO DEFRAY ALL EXPENSES AND LIABILITIES OF THE CITY OF CHUBBUCK FOR, THE FISCAL YEAR BEGINNING ON THE tst DAY OF JANUARY, 1969, AND ENDING ON THE 31st DAY OF DECEMBER, 1.969 AND DESIGNATI THE DIFFERENT FUNDS TO 3 ^HICH THE F.EVENUES RECEIVED DURING SAID FISCAL YEAR SHALL BE CREDITHD AND FROM WHICH EXPENSES SHALL BE DRAWN AND PAID, AND KNOTnIN AS THE "ANNUAL APPROPRIATION. ORDINANCE OF 1969." BE IT ORDAINED By the Mayor and Council of the City of Chubbuck, Bannock County, Idaho: Section 1: That the following funds are hereby designated as the proper funds o which all revenues accruing to the City of Chubbuck from all sources shall paid during the fiscal year beginning on the 1st day of January, 1969 and ing on the 31st day of December, 1969: 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 neral Fund for the payment of all general expenses of the City of Chubbuck ring aforesaid fiscal year: • Maintenance of City Streets ---------------------------- - - - - -$ 19,617,00 • Street Lighting ---------------------------------------- - - - - -$ 4,000.00 • All Salaries and Wages --------------------------------- - - - - -$ 33,200.00 • Operation and Maintenance of City Waterworks System, cluding extensions thereto ------------------------------- - - - - -$ 57,255.00 r City Fire Dept. --------------------------------------- - - - - -- 10 , 000.00 r All Other Miscellaneous & Contingent Purposes ---------- Total ------ - - - - -$ - - - - -$ 45242.33 9,34'4;33 Section 3: For the purpose of the payment of the interest accruing and ayment of the principal falling due on the Waterworks System Revenue Bonds f 1951, during the aforesaid fiscal year, there is hereby appropriated out f the income from the water rentals, the following sums for the following urposes: or the payment of interest on said Bonds ----------------- - - - - -$ 760,00 or the payment on principal on said Bonds ---------------- - - - - -$ 4,000.00 or the payment on the principal and interest of the hitaker Road Extension Contract of 1959 ------------------ - - - - -$ 255.00 All revenue accruing from the operation of the Municipal Waterworks System, excess of the money required for payments on the revenue bonds, shall accrue the General Fund, and be used for General Purposes as appropriated and set. in Section 2 of this Ordinance. Section 4: For the purpose of meeting all other liabilities of the City of hubbuck for the aforesaid fiscal year, all money accruing to the General Bond inking Fund, or so much thereof as may be necessary, is hereby appropriated from aid funds to be used for the following purposes: or payment of interest on the General Obligation Waterworks onds of 1957 ---------------------------------------------- - - - - -$ 534.50 or the payment on the principal of the General Obligation aterworks Bonds of 1957 $ 2,500,.00 Section 5: That all Ordinances, Resolutions, or parts thereof, in conflict erewith, are expressly repealed, and this Ordinance shall be in full force and ffect from and after its passage, approval, and publication as required by law, d shall be known as the "Annual Appropriation Bill of 1969.11 PASSED AND APPROVED THIS DAY OF M A je c h 1969. 11 L slie Henry - May Ur ITTEST: D Valenty - City CArk (City Seal)