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HomeMy Public PortalAbout1611-1956 - Appropriate $2,762,750.00 for the City's 1957 Budget_71v ORDINANCE NO. 1611-1956 AN ORDINANCE APPROPRIATING THE SUM OF 7,!0 IMILLION SFVE-11 I-WERED SIXTY T-,%O THOUS SAND SEM HUNDRED FIFTY DOLL'RS 02,7626,75( o) OUT OF THE FUC03 OF TME' 1-IL5NICIPAL ELECT-RIC LIGHTING AND P94ER PLPNT Or, TEE CITY OF _13-101MOND, !NDIADI—A, TO VARIOUS ACCOUNTS OF 3AID, PLAY T FOR THE F113CAL YF-,'a COM.MENCING JAWAI 10 1957, AND ENDING DECE.T�BEAI 31, 19570 INCLUSIVE. I SECTION 1. BE IT OR-rInIED BY TBE COAPENION COUNC71L OF TFE: CITY CF, RIC13MOND, wpalm COUNTY, IDDIANA, that for the year beginning JanLar-j 1, 1957, and enc—Itng Deceiifber 31, 1957, inclusive, the sum of T�jo 1,illion 3e.v . en Elundred Sixty 1�io Thousand Seven Hundred Fifty Dollars ($20762,759.00) be, and the same is hereby appropriated out of the funds of the Municipal Electric LiChting and Power Plaffc of the City of Kicbmond, lndiana,, and is hereby set tpart for various itenis of expenditures as follows, to -Ty -it, OPEFUtTION Number I Steam Power Generation $ 465,000.00 2 Transmission and Distribution 1750000000 3 Consumption 20,,000.,00 4 Commercial 75oOM- 00 5 Undistributed 45,000000 6 General 185,000.00 7 Depreciation Reserve 15,000000 8 Taxes - Gross Income 350000000 84 Taffies-.F.I.C.A. 15,000.00 9 Civil City Expenso 4,000.00 10 Aiscellaneous interest 750,,00 10©A Interest - Revenge Bonds 16s,000,,00 10-B 'rincipaii - Revenue Bonds 2000000.00 11 Interconnection 85AMCO 12 Pluel - Stock Accowit 815,000"00 13 .1,110ro'bandise - Stock Account 150,000.00 COINSTRUCTIOD1 14-1 Meters 250000-,00 14-2 Transformers 35,,000.00 14-3 Short Extensions 600000,00 14-41 Sundry Equipment & Pliscellaneous 35,000000 14-5 L`ndereXound Equipment 15,000.00 14-10 Non -Operating Payroll 15,000"00 14-23 Street Lighting 10,000.00 14-26 Johnson St. Station Rehabilitation 20,000000 14-27 Whitewater Valley Station 20,000.00 14-28 Distribtktion Subs.tation 30,000.,00 14-29 Boiler Repair 15,000.00 14-30 Voltage Regulators 30,000-00 $ 2,7620750,,00 SECTION 11. This Ordinance sball be in full force and effect from and after its passage by the Coaunon Council of the City of Richmond,, Indiana, signat-are of the President of Council and approval by the Mayor of the City of Richmond, Indiana. a ..i �. .ty• :.. It �. ... 1 Ordo No, 1611-1956 ASUPP Budget - 1957 Passed by the Common Council this day of 1956. Attest: City Clerk/ - Presented by m , D �d 0,, geyser, City Clerk, to the Eon. Roland H. Cutter® Mayor, this //= day of 1956. City Clerk Approved ' y me, R%Iand B. Cutter,, dMayor of the City of Richmond, indiana, thi-- day of 4.eJ-,Lz,4 -, 1956. or Attest - City Clerk