HomeMy WebLinkAbout0067 Annual Appropriation 1966 ,, ORDINANCE NOo 6~~ .
AN ORDINANCE OF THE VII.IAGE OF CHUBBUCK, BANNOCK COUNTY, IDAHO APPROPIATIN~
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 JA~JARY, 1966, AND ENDING ON THE 31st DAY OF DECEMBER, 1966, AND
DESIGNATING THE DIFFERENT FUNDS TO ~{ICH 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 1966o"
BE IT ORDAINED By the ~hairman 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 paid during the fiscal year beginning on the 1st day of January, 1966 and ending
on the ~lst day of December, 1966:
General Fund
Revenue Bond Interest Fund
Refenue Bond Sinking Fund
General Bond Interest Fund
General Bond Sinking Fund
Section 2: That the following sums of money are hereby appropiated 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 ---$ 17,00~o~0
For Street Lights $ 2,700°00
For salaries and wages, including salaries of Police Officers,
Water Superintendent, Village Clerk, retainer of Village
Attorney, and all other salaries $ 21,600.00
For operation and maintenance of Village Waterworks System,
including extensions thereto .-
For Village Fire Department
For all other miscellaneous & contingent purposes
Total
....... $ ~1,555.00
$ 10,000o00
21 ,s66.o7
-~1o~,725.A7
Section 3: For the pirpose 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 appropiated out of the income from the
water rentals, the following sums for the f~llowing purposes:
For the payment of interest on said bonds $ 1,240.00
For the payment el principal on said bonds $ ~,OOOo00
For the payment on the principal and interest on the
Whitaker Road Extension Contract of 1959 $ 255°00
All revenue accru~E 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 appropiated 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 appropiated from said funds to be used for the following purposes:
For the payment of interest on the General Obligation Waterworks
Bonds of 1957 $ 832°50
For the payment on the principal of the General Obligation
Waterworks Bonds of 1957 -$ 2~000o00
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 "~nnual Appropiation Bill of 1966"o
PASSED AND APPROVED THIS
OAY OF JAh~ ~
W~l'lis R. Wa~d~rman od Board