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HomeMy Public PortalAbout1465-1952 - Appropriating $2,595,750.00 Out of Power Plant to various accounts of the Plant for 1953ORDINANCE NO. /�E- 19S Li AN ORDINANCE APPROPRIATING THE SUM OF TWO MILLION FIVE HUNDRED NINETY-FIVE THOUSAND M' SEHUNDRED AND FIFTY DOLLARS ($2,595,750000) OUT OF THE FUNDS OF THE MUNICIPAL ELECTRIC LIGHTING AND.POWER PLANT OF THE CITY OF RICHMOND, INDIANA, TO THE VARIOUS ACCOUNTS OF SAID PLANT FOR THE FISCAL YEAR COMMENCING JANUARY 1, 1953, AND ENDING DECEMBER 31, 1953. Section 1., BE IT ORDAINED BY THE COMMON COUNCIL OF THE CITY OF RICHMOND, INDIANA, that for the year beginning January 1, 1953, and ending December 31, 1953, the sin of TWO MILLION FIVE HUNDRED NINETY-FIVE THOUSAND SEVEN HUNDRED AND FIFTY DOLLARS ($2,595,750.00) BE, and the same is hereby appropriated out of the funds of the Municipal Electric Lighting and Power Plant of said City and is hereby set apart for various items of expenditure as follows, to wits No. 1 2 3 4 5 6 7 8 9 10 11 12 13 14-.1 14- 2 14- 3 14d-4 14_ 5 14-10 1423 14-26 14 27 Section 2. its passage, Mayor. Steam Power Generation 250,000.00 Transmission & Distribution 110,000.00 Consumption 25,000.00 Commercial 63,000.00 Undistributed 35,000.00 General 120,000.00 Depreciation Reserve 72000.00 Taxes -Gross Income 40,000.00 Civil City Expense 5,000.00 Miscellaneous Interest 750.00 Interconnection 802000.00 Mock Acct Fuel 76o,0oo.00 Stock Acct-xHdse. 165,000.00 CONSTRUCTION Meters 25,000.00 Transformers 85,000.00 Short Extensions 50,000.00 Sundry Equipment 35,000.00 Underground Equipment 1002000.00 Non -Operating Payroll 102000.00 Street Lighting 30,000.00 Plant Rehabilitation lOO,000.00 Plant Expansion 500.000.00 TOTAL $2,5952750.00 This Ordinance shall be in full force and effect from and after signature of the President of the Common Council, approval of the PASSED BY THE COMMON COUNCIL OF THE CITY OF =ROND� INDIANA, THIS DAY OFo., �.d-awl , 1952. President of the CommoA Council ATTES . C ° Clerk/j Submitted by me, Ather J. Reeg, City Clerk of the City of Richmond, Indiana, to the Hon. tester E. Meadows, Mayor of the City of Ric ond, Ind a,, is _ZCa_day of , 1952, at cAO M. Ciaty erk Approved by me, ester E. Meadows, Mayor of the Citof Richmond ,j,d ana, this day of 5 at a/' , M. / Y/^ Mayor J ATTEST: