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2007-029-ORD-Adopting a budget for the ensuing Fiscal period beginning Oct. 1, 2007 and ending Sept. 30, 2008
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2007-029-ORD-Adopting a budget for the ensuing Fiscal period beginning Oct. 1, 2007 and ending Sept. 30, 2008
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Last modified
8/21/2012 1:48:04 PM
Creation date
9/26/2007 11:36:22 AM
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CITY CLERK
Doc Name
2007-029-ORD
Doc Type
Ordinance
CITY CLERK - Date
9/17/2007
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REVENUE BOND REQUIREMENTS FOR DEBT SERVICE: <br />Water Works and Sewer System <br />Revenue Bonds 1997 $ 426,975.00 <br />Water Works and Sewer System <br />Revenue Bonds 1998 $ 866,380.00 <br />Tax and Revenue Bonds 1998 $ 729,750.00 <br />Waste Water & Sewer <br />Revenue Bonds 2000 $ 886,810.00 <br />Tax and Revenue Bonds 2001 $ 616,745.00 <br />Refunding Bonds 2003 $ 428,640.00 <br />Total Bond Requirements $ 3,955,300.00 <br />Grand Total $12,937,591.00 <br />Section 6. That the sum of $3,955,300.00 is hereby appropriated out of the Water and <br />Sewer Revenue Bond Fund for the purpose of paying accrued interest and making the principal <br />payments as the same mature on the Water and Sewer Revenue Bonds, and creating the prescribed <br />contingent and reserve fund therefore. <br />Section 7. That the sum of $2,466,500.00 is hereby authorized out of the Economic <br />Development Fund for payment of operating expenses and capital outlay for the Paris Economic <br />Development Corporation, as hereinafter itemized: <br />ECONOMIC DEVELOPMENT FUND: <br />Economic Development $ 2,466,500.00 <br />Total $ 2,466,500.00 <br />Section 8. That the sum of $175,112.00 is hereby appropriated out of the Special Revenue <br />Fund for payment of miscellaneous legally restricted fees and costs, as hereby itemized: <br />SPECIAL REVENUE FUND: $ 175,112.00 <br />Total ~ 175,112.00 <br />Section 9. That the sum of $897,326.00 is hereby appropriated out of the Health <br />Department Fund administered by the City of Paris on behalf of the Paris-Lamar County Health <br />Unit, for payment of operating expenses and capital outlay for the Paris-Lamar County Health <br />Unit, as hereby itemized: <br />HEALTH DEPARTMENT FUND: <br />Paris-Lamar County Health Unit $ 897,326.00 <br />Total ~ 897,32b.00 <br />
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