89-034 ORD ADOPTING BUDGET FOR ENSUING FISCAL PERIOD BEGINNING OCTOBER 1 1989 AND ENDING SEPTEMBER 30 1990

Home Browse Search

REVENUE BOND RE UIREMENTS FOR DEBT SERVICE Revenue Refunding Bonds 1983 342, 7.50 Certificate of Obligation 1984$ 824,362.50 Prior Lien Revenue Bonds 1988 $ 487,050.00 Totai Bond Requirements $ 1,654,340.00 TKANSFERS 0&M Expense to General Fund $ 750,000.00 Franchise Fee to General Fund $ 198,090.00 Sub-total $ 948,090.00 Grand Total $ 6,679,251.00 Section 4. That the sum of $1,654,340.00 is hereby appropriated out of the Water and Sewer Revenue Bond Fund for the purpose of paying accrued interest and making the principal payments as the same mature on the Water and Sewer Revenue Bonds and Certificates of Obligation, and creating the prescribed contingent and reserve fund therefor. Section 5. That the sum of $253,217.00 is hereby appropriated out of the Revenue Sharing Fund for the payment of operating expenses and Capital Outlay of the City Govern- ment, as hereinafter itemized: PUBLIC SAFETY Community Development $ 29,050.00 Streets and Highways $ 220,000.00 Police $ 4,167.00 Sub-total $ 253,217.00 Total Appropriations $ 253,217.00 Section 6. That the sum of $149,770.00 is hereby authorized out of the Criminal Justice Grant Fund for the payment of operating expenses and capital outlay of the Police Department, as hereinafter itemized: PUBLIC SAFETY: Police $ 149,770.00 Total $ 149,770.00 Section 7. Z'hat the sum of *123,700.00 is hereby appropriated out of the Community Development Grant Fund for payment of operating expenses and capital outlay for the Community Development Department, as hereinafter itemized: COMMUNITY DEVELOPMENT: Community Development ~ 123,700.00 Total $ 123,700.00 Section 8. All orainances or parts of ordinances in conflict herewith are hereby expressly repealed. Section 9. This ordinance shall be and remain in full force and eftect from and after its passage and approval by the City Council of the City of Paris.