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HomeMy WebLinkAboutORDINANCE NO. 419 APPROPRIATION 1960-1961 - SIGNED ~I - - -- - --- c::J7 Section VIII. If at such election two-thirds of the qualified electors who are taxpayer's in such citv votin~ at such election assent to the issuin~ of such bonds, they shall he is sued in manner provided by the Hunicipal Bond La\v of the State of Idaho. Section IX. This ordinance, upon its passa~e and approval, shall he published in one issue of the nexbur~ Standard, a weekly newspaper printed and published and of general circulation in the City of Rexburg, Idaho, and shall take effect and be in full force immediately after its passa~e, approval and publication. Section X. All ordinances or parts of ordinances of the City of Rexburg, Idaho, in con- flict with this ordinance or any part thereof are hereby repealed. -1 PASSED AND APPHOVED this 18th day of May, 19GO. ,1/ t~ .J'/ . ~ L /;:;1 (': _.-~?/__ ,---./ ":/_ ~~,~~~~~- O)jf(./l4.LM~ ATTEST: -) City Clerk. STA TE OF IDAHO, ) (SS County of Madison.) I, IJoretta M. Rigby, City Clerk: of the City of Rex),ur,~, Idaho, do hereby certify: That the fore~oing is a full, true and correct copy of an oldinance entitled: "AN OIlDINANCE DEEMING IT ADVISABLE TO ISST'E Ml'NICIPAL COrpON BONDS OF THE CITY OF REXBURG, !vIAD ISON COUNTY, STATE OF IDAHO, IN THE AMOPNT OF ~28, 000.00, FOR THE PUHPOSE OF IMPROVING TIlli ARTlIrR PORTER, JR. PUBLIC PAHK BY COHPLETING A SWIMMING POOL THEHEIN; PROVIDING FOR A SPECIAL ELECTION IN SAID CITY TO VOTE UPON THE Ql'ESTION OF ISST ING SUCH BONDS AND SPECIFYING PROVISIONS TO BE HADE FOIl THE PAYMENT OF STCH BONDS." passed by the City Council of said City and approved by the Hayor on the 18th day of Hay, 19GO. IN WITNESS WIillHEOF, I have hereunto set my hand and affixed the seal of the said City this 24th day of May, 1900. (Seal) fU ~ mj2~ft City Clerk. ORDINANCE NO. 419 if AN ORDINANCE ENTITLED THE ANNUAL APPROPRIATION BILL OF THE CITY OF REXBFRG, IDAHO, FOR THE FISCAIJ YEAR 1960-1901, LEVYING TAXES FOR GENERAL REVENPE PURPOSES OF SAID CITY AND FOR INTEHEST ON THE BONDED INDEBTED NESS AND FOR SINKING FUND, AND APPROPRIATING TO THE SEVERAL DEPARTMENTS, OFFICES, AND FUNDS OF THE SAID CITY GOVERNMENT SnCH SrMS AS MAY BE NECESSARY OR DE~~lliD NECESSARY BY TIm MAYOR AND CITY COUNCIL TO DEFHAY THE EXPENSES AND LIABILITIES OF SAID CITY FOR THE FISCAL YEAR 19HO-61. BE IT ORDAINED BY THE MAYOR AND COUNCIL OF TIm CITY OF REXBlTRG, Idaho: SECTION 1. This ordinance shall he and is hereby termed the annual Appropriation Bill of the City of Rexhurg, Idaho, for the fiscal year 1960-1961. Section 2. There is hereby levied upon all taxable property within the city limits of the City of Rexburg, and subject to taxation for the city purposes of said City Government at the rates following: For general revenue purposes ten (10) mills on each dollar of assessed valuat-ion. For street lighting purposes five (5) mills on each dollar of assessed v~uation. For interest on outstanding bonds of the city, and for sinking fund to pay maturing installn~nts of such bonds, seven (7) mills on each dollar of assessed valuation. For streets and alleys fund purposes five (5) mills on each dollar of assessed valuation. '" For municipal library purposes one (1) mill on each dollar of assessed val ua tion. For Police Hetirement purpose s one (1) mill on each dollar of assessed valuation. Por Fire Department pl !rposes two (2) mills on each dollar of R;ssessed valuation. For Health and Sanitation purposes one (1) mill on each dollar of assessed valuation. For Municipal Park purposes one (1) mill on each dollar of assessed valuation. ~ Section 3. The City Clerk is hereby empowered and directed to certify the fore- goin~ to the proper officers of Madison pounty, Idaho, for entry upon the tax rolls of said County for the collection in the mannel provided by law. Sectton 4. The City Treasurer is hereby empowered and directed to apportion the moneys received on account of taxes hereby levieg, and from all other source~, to the several funds for which levies are made and to which moneys are appropriated as in this ordinance provided. ~- F ." .--- - ---c::J] - ,-~~~ ~AO' .~..........& .&'-' GEO.D.."RNARD !ITA. CO.. ST.lOUIII _'_~__h_ ____ 'I 1'1 Section 5. The revenue for the City of Rexhur,p.; for the fiscal year 1960-19Gl from I sources received are hereby appropriated to thf' severa 1 funds and purposes II!, which arf-) hereby declared to be necessary for such purposes as shown by the Budget of the City heretofore adopted for said fiscal year, respectively, as follows, to-wit: 'I II I; I! 'I Ii d !i Ii Ii Ii Ii II Ii :! all A. ADHINISTRATIVE DEPART~1ENT - GENERAL EXPENSE FrND: Prom moneys received on account of taxes levied and other available sources, there is hereby appropriated to the General Expense Fund Administrative Departments and Sundries, the sum of $29,100.00. B. LAW ENFORCEHENT AND FIHE DEPART.HENT: From the moneys received on account of taxes levied and other available sources, there is hereby appropriated to the Law Enforcement and Fire De partment the SU.Dl of $40,500.00. C. \vATEJUYOHKS nEPAHTHENT: [,'rom the revenue derived from the ,va terworks sys tern of the City dwing the fiscal year 1960-1961, the moneys now on hand in the waterworks fund, and othe revenues availahle, there is hereby appropriated the sum necessary to to defray the expenses of operating and maintainin~ said system during the fiscal year 1960-1901, and from such revenue, and for said plirposes, there is hereby appropri- ated the sum of $42,600.00. D. IRHIGATION DEPAHTHENT: All moneys received on account of the irrigation system of the City of Hexburg, and distribution of water ther'eby to the inhabitants of the I City, are hereby appropriated to the City Ditch Fund for the payment of salaries, wages !; ald other necessary expense of operation and maintenance of said irrigation system, there :: is hereby appropriated to the Ditch Fund for snch purposes from moneys not otherwise ~ appropriated, the sum of $3,950.00. i' E. STHEETS AND ALLEYS AND PARKS Dh;PAnT~lliNT:' From moneys received on account of Ii taxes levied thereof and other revenues available, there is hereb appropriated to the 'I. Streets Department of the City of' flexbure;, for maintenance and improvement of public streets, alleys, and parks, the sum of $42,350.00. !II F. LIBHAHY B~ND: From moneys received on ac<<unt of taxation and other revenue ~ available there is hereby appropriated to the Library Department for salary of Librarian !i the sum of $1,200.00. ii' G. STIlE. :'ET LIGHTING DEPARTHENT: From the moneys received on acco,unt of taxation and 'other sources available there is hereb: appropriated to the Street Lighting Department, for the payment of the cost of street lightin~ and maintenance, the sum of $9,300.00. II II 1\ H. AIHPORT DEPAHTHENT: From moneys received from taxation and other available sources there is hereb appropriated to the Airport Department Fund, for general operating expenses, the sum of $500.00. I. BOND INTEflliST AND REDb;HPTION FUND: From moneys received on account of taxes levied thereof and other available sources, there is hereby appropriated for the payment of interest on outstanding general obligation bonds of said city and the payment of maturin~ installments on such indebtedness, the sum of $12,562.00. J. POLICE RETIREMENT ~TND: From the moneys received on account of taxes levied, there.iR hereby appro.priated to the Police Retirement Fund, for the payment of retirement benef1ts, the sum of $3,200.00. K. FIRErlliN'S RBTIflli!vlliNT FUND: From the moneys received on account of taxes levied, there is hereby appropriated to the Firemen's Hetirer,lent Fund for payment of such bene- " fits the sum of ~600.00. L. GENERAL FFND: All revenue of the City of Hexburg, Idaho, received during the fiscal yeal~ 1960-1961 not hereby otherwise appropriated is hereby appropriated to the General Fund of the city. H. RECHEATION DEPARTHENT: All' moneys received on account of taxes levied and other sources available, there is hereby appropriated to the Hecreation Department the suml~ ,000.00. . HEALTH AND SANITATION DEPARTHENT: From moneys received on account of taxes lev thereof and other revenues available, there is hereby appropriated to the Health and anitation Department, for the maintenance of Public Physician and Nurse, garbage removal and dump ground labor and expense, the SI'm of $15,050.00. -, Section 6. This ordinance shall take effect and be in force from and after its passage and publication as required by law. ,... -- PASSED AND APPHOVED this 20th day of July, ~. ..1-- ~/ ~ J-- ;<~~ ~\ - l./ yV~~ Mayor. .r'r...............~~~_ " ATTEST: crM: 4_ 'In 1 ty C er . ~ STATE OF IDAHO, ) (SS County of Madison.) I, Loretta M. Rigby, City .Clerk of the City of Rexburg, Idaho, do hereby certify; That the foregoing is a full, true and correct copy of an ordinance entitled: AN ORDINANCE ENTITLED THE ANNFAL APPROPRIATION BILL OF THE CITY (F IlliXBFRG, IDAHO, FOR THE FISCAL Yl:!;AR 1960-1961, LEVYING TAXES FOR GENERAL REVENUE PCHPOSES OF SAID CITY AND FOn INTEIlliST ON TIlli BONDED INDEBTEDNESS AND FOH SINKING FliNn , AND APPROPRIATING TO THE Sb;Vb;RAL DEPART~lliNTS, OF'FICES, AND Fl1NDS OF TILE SAID A / .., --- - ---CJl - - - - ~ -~ - c::J 7 CITY GOVERNHENT SUCH SUHS AS NAY BE };ECESSARY on D{t;EHED Nl!.;Cli;SSAHY BY THE NAYOH AND CITY COUNCIL TO DEFH.AY TIill EXPENSES AND LIABILITIES OF SAID CITY FOR THE FISCAL YEAR 1960-19nl. Passed by the City Council of said City and approved by the Hayor on the 20th day of July, 1960. IN \HTNESS WHEHEOF, I have hereunto set my hand and affixed the seal of said City of Hexburg, Idaho this 20th day of July, 1960. -) r FYuii<v 1/l. R~"" City Clerk. (Seal) :) 011DINANCE NO. 420 AN ORDINANCE PROVIDING FOR THE ISSUANCE AND SAlJE OF $28,000.00 HUNICIPAL COUPON PlTBLIC PARK IMPROVEHENT BONDS OF THE CITY OF I1EXBPRG, }lADISON CUUNTY, STATE OF IDAHO, PROVIDING FOR THE FOHN THEIlEOF AND FOR PROVISIONS TO BE HADE FOR THE PATIIENT OF THE PRINCIPAL AND TIm INTEllliST ON SAID BONDS. WIlliREAS, hy the result of a special bond election duly and lawfully called and held in the Ci ty of Rex1)ur!!;, Hadison County, state of Idaho, on Tuesday, the 28th day of June, 1960, the City of Rexburg, Idaho, was empowered to issue and sell its municipal coupon bonds to the amount of $28,000.00 to provide funds for the purpose of improving the Arthur Porter, Jr. Public Park by completion of the swimminp' pool located theretn, and i' WHEREAS, the result of said election was declared hy the City Council of said City, sitting II as a Board of Canvassers, on the 6th day of July, 1960, and ~ :1 WHEIillAS, said bonds so authorized are to mature serially on an annual amortization i: plan as required by the "Hunicipal Bond Law " of the State of Idaho, the first install- ii ment of principal to be due and payable two years from the date of the bonds and the Ii last in. stallment of principal to be due and payable twelve years from the date of the bonds ,ill bearing interest at the rate of not to exceed 3.75 per cent per annum, and ' II WHEHEAS, the City Council of the City of Hexburg deems it expedient and ne ce ssary i1 at this time to issue and sell all of said $28,000.00 bonds so authorized, !; 11 " :' NOh', THEREFORE, BE IT ORDAINED BY TIm }IAYOH AND CITY COlTNCIL of the City of Hexburg, Madison County,. State of Idaho: ., Section 1 . T~a:t to. provide fund~ for the purpose of improving the Arthur Porter ,lr. P..blic Park by completi.n of the swimming pool located therein, there shall be issuod Hun~cipal Coupon Bonds of the City of Rexburg, Madison County, State of Idaho, in the amount of $28,000.00, dated August'l, 1960, in the denomination of Five Hundred Dollars ($500.00) each, maturing serially andlwith the privilege of redeemiln~ any amount of said bonds' of the longest maturity dates .t any interest paying date of this bond issue, numbered and due and payable and~aring tnterest as follows: BOND NOS. ! ' AMOUNT MATURITY INT EHE ST 1-2 $1,000.00 August 1, 1962 3.75% 3-R ,~,OOO.OO August 1, 1963 3 . 7 5';~ 7-11 ~,500.00 August 1, 1964 3 . 75'10 12":'16 ,500.00 August 1, 1965 3.75% 17- 21 2,500.00 August 1, 1966 3 . 75'% 22-26 2,500.00 August 1, 196'7 1 3 . 7 5~o 27-31 2,500.00 Au~ust 1, 1968 3 . 7 51~ 32- 36 2,500.00 August 1, 1969 3 . 7 55~ 37-41 2,500.00 August 1, 19'10 3.75% 42-46 2,500.00 August 1, 1971 3.75/0 47-51 2,500.00 August 1, 1972 3.75% 52-56 2,500.00 August 1, 1973 3 .75'% HATE \ ", Interest payable semi-annua~ly on February 1 and August 1 in each year, February 1, 1961. Said bon(Is shall be known as "MuniCipal Coupon Public Bonds, Series of August 1, 1960". Both principal and interest of said due and payable at the offihe of the City Treasurer of Rexburg, Idaho. be in substantially the following form, to-\vi t: ,commencing Park Improvement bonds shall be Said bonds shall " UNITBD STATES OF AHEHICA STATE OF IDAHO COUNTY OF fIADISON. CITY OF nEXBl'HG HrNICIPAL C01'PON PUBLIC PAHK IHPROVEivIENT BOND Series of August 1, 1960 ~ No. ~?500. 00 KNOH ALTJ }<1EN BY THESli; PHESENTS: That the City of Hexburg, in the County of Nadi!D1, and State of Idaho, for value received acknowledges itself to be indebted and hereby promises to pay to the bearer hereof the sum of FIVE Hl!NDill.m DOLLAHS ($500.00) in lawful money of the Tinited States of America, on the first day of Au~ust, 19_, and \vith the privilege of redeemin~ any amount of saId bonds of the lon~est maturity dates at any interest payin~ date of this bond issue, with interest thereon at the rate ""-.