Loading...
0053 Annual Appropriation 1960ORDINANCE NO. 53 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 MAY, 1960s AND ENDING ON THE FIRST DAY OF MAY, 1961, AND DESIGNATING THE DIFFERENT FUNDS TO WHICH THE REVENUES 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 1960% BE IT ORDAINED By the Chairman and the Board of Trustees of the Village of Chubbuck, Bannock County, Idaho: Section 1: 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 lst day of May, 1960, and ending on the 1st day of May, 1961: 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 the aforesaid fiscal year: For maintenance of Village streets 20000.00 For street lighting 12200.00 For salaries and wages, including salaries of Police Officer,Water Superintendent,Village C1erk,Village Attorney,and other salaries $ 8,400.00 For operation and maintenance of Village waterworks system,including extensions thereto $18,780.00 For Village Fire Dept. $ 600.00 For all other miscellaneous & contingent purposes $ 13,141• �5 Total •..+...♦• •.. +•t.••o....- •oo....•oo....s• 0121.25 9 I f 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 19510 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 2,020000 For the payment on the principal of said bonds $ 3,000,00 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 $ 19248,75 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 1960" Passed and approved this _L_tAday of May, 1960. 6.i Ta�rr �SS. Davis Attest: Ch Chairman, Board of Trustees. v Genera ', Lr �b. Valente_ Village Clerk (Village Seal)