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HomeMy WebLinkAboutORDINANCE 10-70â€ĒC) ORDINANCE NO.10-70 ANNUAL APPROPRIATION ORDINANCE OF THE MUNICIPAL WATER DEPARTMENT OF THE TOWN OF ESTES PARK, COLORADO,FOR THE FISCAL YEAR BEGINNING JULY 1, 1970,AND ENDING JUNE 30,1971. 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 fiscal year beginning July 1,1970,and ending June 30,1971,estimated at $1,203,918.00,together with an opening surplus estimated at $170,651.18,making a total of $1,374,569.18,there is hereby appropriated the following amount for the following purposes,to wit: Opening Surplus:(7-1) Bond Sinking Fund $40,500.00 Operating Fund 120,151.18 Water Rights Fund 10,000.00 $170,651.18 INCOME: Water Sales $136,000.00 Water Rights Fees 20,000.00 Tap Fees 10,000.00 Interest from temporary investments 2,500.00 Misc.3,000.00 Refunded bonds 30,948.00 Funds from HUD 476,470.00 Bond Issue Revenue 525,000.00 $1,203,918.00 $1,374,569.18 DISBURSEMENTS: Plant Investment Debt Service-Regular Bonds Debt Service-Refunding Bonds Debt Service-1958 Issue Called 10-1-58 Source of Supply Purification Expense Distribution Expenses Billing and Accounting Administrative &General Total Disbursements Closing Surplus:(6-30) Bond Sinking Fund Operating Fund Water Rights Fund Section 2 $1,121,900.18 57,111.00 30,948.00 33,000.00 $121,059.00 $5,150.00 $22,000.00 $12,500.00 $1,060.00 $36,900.00 $1,320,569.18 $43,000.00 10,000.00 1,000.00 $54,000.00 The Board of Trustees herewith finds,deter mines 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. Total $1,374,569.18 —‘ — Mayor Town Clerk Publish: