HomeMy WebLinkAboutORDINANCE NO. 284 APPROPRIATION 1923 - SIGNED
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OEdinance No. 284.
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An Ordinance Providing fot the Annual Appropriation of the City of Rexburg
ln the State ot Idaho, and for the Appropriation to the several Funds and
Purposes During the Fiscal Year 1923,and Making Tax Levy for General Pur-
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poses $~d Levy for Interest on Bcnded Indebtedness for Said City.
BE IT ORDAIDD BY THE MAYoR AND 'TYCOUNCIL of the City of Rexburg:
Section I.- That the revenue of the City of Rexburg in the State of Idaho, for
the fiscal year 1923, derived from the taxes levied for said year are hereby appropriated
to the several funds and in the several amounts following, to-wit:
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Interest on City Bonds
Fire Department
Sprinkler Fund
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. . . . . . . .$7, ,00.00
826.00
2 , 478 . 00
Balance in General Expense Fund' (approximately)
11,,00.00
Section 2.- There is hereby levied on the taxable property in the City of Rex-
burg, in the State ot Idaho, for the fiscal year 1923 for the purposej of securing revenue
for the several funds, taxes as follows:
General'Levy
10 mills on the dollar.
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Levy for Interest on City Bonds and Sinkinl Fund, ,mills on the dollar
of the assessed valuation o~ said property for the year 1923 and the City Treasurer of the
City of Rexburg is hereby authorized and directed to apportion all money received on acc-
ount of said taxes to the said tunds upon said basis.
Section 3.- lrom the receipts ot the waterworks system of the City of Rexburg
for the f.iscal year 1923 atld from the'money now on hand in the W'aterworksPund there is
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hereby appropriated sufficlLent tunda for the ope.ration and maintenance for aaid waterworka
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system and there is hereby appropriated the sum of .2,8,0.00 from sa1C recei~s for inter-
est ans Sinking fund on sa1d waterworks bonds.
Section 4.- From, the receipts of the Waterworks system of the City of Rexburg
for the fiscal year 1923 and from the money now ..in the waterworn fund of said City, after
deducting therefrom the mo",ey appropriated in Section 3, the lIa70r and. City Council may in
their discretion, transfer to the General .S>>ense Jund. or Road and Bridge JUnd. suoh sums
of money as may be required in any of the aforesaid funds for the sucoessful operation or
conduction of the business of the City of Rexburs and as the needs of the said funds or
any of them may require from time to time.
Section ,.- From the receipts of the Ditoh System of said City of Rexburl for
the fiscal year 1923. and from the money now on hand in the Ditch JUnd of said City. there
ie hereby appropriated sufficient funds for the operation and maintenance ot said Ditch
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system.
Section 6.- All money received from the sale of lots in the City'Cemetery,sexton
fees, and all money received from the care of the lots in the City Cemetery is hereby ap-
propriated to the Cemetery Fund.
Section 7.- All money received from the Road Poll Tax. County Road & Bridge Tax
during the fiscal year 1923, is hereby appropriated to the Road & Bridee JUDd.
Section 8.- All the revenues of the City of Rexburg for the tiloal year 1923,de-
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'rivedif~om all sources of any kind, except revenues hereinbefore enumerated. are hereby ap
propriated to the General Expense Fund of said City.
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Section 9.- This Ordinance shall take effect and be in full force from and after
its adoptio~ and approval, and upon its publication in one issue of the Rexburg Journal, a
weekly newspaper printed and published in the City of Rexburg, State of Idaho, and having
~ a general circulation therein.
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PASSED AND APPROVED this 5th day of September, 1923.
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Atte.t:..tt._-f~_ _ _ _ -Clerk: 1.' ,
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ORDINANCE NO. 285'.
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AN ORDINANCE PROVIDING FOR THE REFUNDING OF TEN THOUSAND OOLLARS
tlO, 000 .00, WATERWO~S. BONDS OF 'J.1HE CITY OF REXBURG, IDAHO, DATED
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AUGUS11 1st, 1913, PAYABLE AUGUST 1st, 1933, BUT REDEEMABLE AT ANY 1'IME AFTER
AUGUST 1st, 1923, AT THE OPTION OF SAID9~TY, ALSO PROVIDING FOR
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THE ISSUANCE AND PaESCRIBING THE FOlUl OF'SUCH REFUNDING BONDS
AND PROVIDING FOR A TAX LEVY TO PAY BOTH THE PRINCIPAL OF AND
TEll INTEREST UPON SAID REFUNDING BODS.
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WHEREAS, .suant to an ordinance duly passed, made and entered"t'Qy the City Coun
ei1 of the City ot Rexburg, Idaho I on the 26th day of July A. D. 1913, numb4'd.....171 en-
titled:
wAn or~inance submitting to the qualitied electors of the City ot
Rexburi, Idaho, who are taxpayers thereot, for their derermination
the qup.tionot issuing municipal coupon ~onds ot said City in the
aggreg~te amount ot 110,000.00. to provide tor the consttuction of
a muni ipa1 waterworks plant and supplying the same with water for
th$ pu poae otturniahing waver to such City and the inhabitants
there. , for all purpo.....d in the aggregate amount of $30,000.
to pro 1de tor grading and curbing and aidewalks, atreets and cr~ss-
ins. d cal1tbg an e1eotloQ to vote, thereon, and providing a tax
to pay. the principal of &ad rihe inter.at upon said bonds if author
ia04 II .! or
.aid City Counct. by re.o1ution duly adopted on Ootober 4th, 1913, issued and sold Ten(10)
bond. of the den~minatifb of 11,000.00 each. numbered trom 1 to 10 both inclusive, aggre-
gatins the .um ot .10,000.00, dated Auguat 1at, 1913, payab~e August 1st, 1933, but redeem
able .'the o'ptitn ot the said City at any tilne atter August 1st, 1923 t with interest there-
a. at . rat. or aix per cent (6~) pee annum payable semi-annually on the first days of
1"""1 ud JU1,.' lneau ,ear, the principal ot said bonds being payable at. the office of
the CSt~Tre..ur'r ot ReXburl. Idaho, and the intereat at the otfice ot the City Treasurer
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or attne banking houae of Kountze Bros., in the Cit~ of New York, at the option of the
bo14.~ which said bonds w.re "..ued tor the con.truotion ot a municipal waterworks plant
&a41: ..,mlac tho same "ith ..at.~, to~ the pur~.e of. frunishiDl water to said City and the
luablt.uta ther.o~ tor all ~JOs.a. and.
WHBRIAS, .ai4 total bond issue of .10.000~~0 dated August 1st, 1913. numbered
frOm 1 to 10 both inc1uai ve will become due and payab 1e August 1st, 1933, but redeemable at
the option ot said City at any time atter August let, 1923. and.
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