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03-A Budget Ordinance
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September 17, 2001
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03-A Budget Ordinance
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Last modified
11/8/2005 11:25:00 AM
Creation date
9/13/2001 6:30:57 PM
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Template:
AGENDA
Item Number
3-A
AGENDA - Type
ORDINANCE
Description
Adopt Amended Budget
AGENDA - Date
9/17/2001
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REVENUE BOND REQUIREMENTS FOR DEBT SERVICE: <br /> <br />Revenue Bonds 1992 <br />Revenue Bonds 1994 <br />Tax and Revenue Bonds 1998 <br />Water Works and Sewer System <br /> Revenue Bonds 1998 <br />Water Works and Sewer System <br /> Revenue Bonds 1997 <br />Waste Water & Sewer <br /> Revenue Bonds 2000 <br />Tax & Revenue Refunding <br /> Bonds 2001 <br /> <br />261,545.00 <br />312,315.00 <br />440,625.00 <br />742,284.00 <br />149,500.00 <br /> <br />$ 452,456.00 <br />466,285.00 <br /> <br />Total Bond Requirements <br /> <br />$ 2,825,010.00 <br /> <br />CONTINGENCY <br /> <br />$ 0.00 <br /> <br />Grand Total <br /> <br />$10,841,317.00 <br /> <br /> Section 5. That the sum of $2,825,010.00 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 <br />prescribed contingent and reserve fund therefor. <br /> <br /> Section 6. That the sum of $540,000.00 is hereby appropriated out of the Community <br />Development Grant Fund for the payment of operating expenses and capital outlay for the <br />Community Development Department, as hereinafter itemized: <br /> <br />COMMUNITY DEVELOPMENT: <br />Community Development <br /> <br />$ 540,000.00 <br /> <br />Total $ 540,000.00 <br /> <br /> Section 7. That the sum of $2,885,607.00 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 /> <br />ECONOMIC DEVELOPMENT FUND: <br />Economic Development $ 2,885,607.00 <br /> <br />Total $ 2,885,607.00 <br /> <br /> <br />
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