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HomeMy WebLinkAboutORDINANCE 12-71ORDINANCE NO.12-7 1 SEMI-ANNUAL APPROPRIATION ORDINANCE OF THE MUNICIPAL WATER DEPARTMENT OF THE TOWN OF ESTES PARK,COLORADO, DURING THE PERIOD BEGINNING JULY 1,1971,AND ENDING DECEMBER 31,1971. Be it Ordained by the Board of Trustees of the Town of Estes Park,Colorado; Section 1. That out of the moneys and revenues to be derived from the operation of the Municipal Water Department,during the period beginning July 1, 1971,and ending December 31,1971,estimated at $1,208,000.00,together with an opening surplus estimated at $111,309.47,making a total of $1,319,309.47,there is hereby appropriated the following amount for the following purposes,to wit: Opening Surplus:(7-1) Bond Sinking Fund •Operating Fund Water Rights Fund INCOME: $43,000.00 56,309.47 12,000.00 $111,309.47 If Water Sales Water Rights Fees Tap Fees Interest from temp.investments Misc. Refunded bonds Funds from HUD Bond Issue Revenue General Fund-Sales Tax $76,000.00 3,500.00 5,500.00 500.00 3,246.00 26,784.00 476,470.00 600,000.00 16,000.00 $1,208,000.00 ,0 $1,319,309.47 ‘t3URSEMENTS: Plant Investment Debt Service—Regular Bonds Debt Service-Refunding Bonds Source of Supply Purification Expense Distribution Expenses Billing and Accounting Administrative &General Contingency Total Disbursements Closing Surplus:(12—31—71) Bond Sinking Fund Water Rights Fund $1,126,795.47 66,630.00 26,784.00 $93,414.00 $3,700.00 $11,000.00 $5,500.00 $700.00 $21,200.00 $10,000.00 $1,272,309.47 $46,000.00 1,000.00 $47,000.00 Section 2 Total $1,319,309.47 The Board of Trustees herewith finds,determines and declares that this Ordinance is necessary for the immediate preservation of the public peace,health and safety,and whereas,in the opinion of the Board of Trustees,an emergency exists,and that this Ordinance shall take effect and be in force five (5) days after its final passage and adoption. Town Clerk May or