HomeMy Public PortalAbout1393-1949 - Appropriating $1,575,500.00 from Power Plant to various accounts in the Power Plant for the 1950 Budgetf c:
ORDINANCE NO. 1198--190
AN ORDINANCE APPROPRIATING TIE SUM OF 01,E-, MILLION FIVE HUNDRED SEVE1 1Y FIVE
THOUSAND FPTE HUNDRED DOLLARS (,, 575,500.00) OUT OF THE FUNDS OF THE
MUNICIPAL ELECTRIC LIGHTING AND POtivLR PLANT OF THE CITY OF RICHMOND, INDIAI1LA,
TO ^1HC VARIOUS ACCOUNTS OF SAID PL11NT FOR THE FISCAL YEAR COMvII;NCING JAIvUARY 11
19501 AND ENDING DECEMBER 31, 1950.
Section 1. BE IT ORDAINED BY THE COI,1JMON COUNCIL OF TIE CITY OF RIC11MOND,
i-NDIANA, that for the ,year beginning January 1, 1950, and ending December 31,
1950, the sum of OITE MILLION FIVE HUNDRED ,SEVENTY FIATE THOUSAND FIVE HUNDRED
DOLLOARS ($1,575,500.00) BE, and the same is hereby appropriated out of the
funds of the Municipal Blectric Lighting and Power Plant of said City and is
hereby set apart for various items of expenditure as follows, to wit:
OPERATING ACCOUNTS
Steam Power Generation
255,000.00
Transmission & Distribution
70,000.00
Consumption
25,000.00
Commercial
50,000.00
Undistributed
60,000.00
General
55,000.00
Depreciation Reserve
1+y000.00
Taxes (Gross Income)
25,000.00
Civil City Expense
5,000.00
Miscellaneous Interest
500.00
Stock Account -Fuel
6503000.00
Stock Account -Merchandise
100,000.00
TOTAL OPERATING ACCOUNTS $1,299,500.00
CONSTRUCTION ACCOUNTS
Meters
205,000.00
Transformers
35 2 000.00
Short Extensions
27,000.00
Sundry Equipment
402000.00
Underground Equipment
152000.00
Non -Operating Payroll
4,000.00
r2 & #3 Boiler Overf ire
15,000.00
75 LI-T Exciter & Control
15,000.00
Street Lighting
102000.00
Engineering (Rate & Pourer Plant)
5,000.00
Install Tile in Raceway
5, 000.00
Boiler Feed Pump
5,000.00
Turbine Room Completion ,
5,000.00
Items to be Specified in Engineering Report
75,000.00-
TOTAL CONSTRUCTION ACCOUNTS
276,000.00
Section 2.
its passage,
the Mayor.
ATTE.
TOTAL 12575,500.00
This ordinance shall be in full force and effect from and after
signature of the President of the Common Council, approval of
PASSED BY THE COIvRvION COUNCIL OF THE CITY_ OF
RIQ1-]MOND, , INDIAIJA, 2
DAY OF DEC . 1949
104�f
President of the Common Council
Submitted by me, other J. Reeo, City Clerk of the City of Richmond, Indiana,
to the Hon. Lester E. Meadows, IKa.,y-or of the City of Richmond, Indiana, this
zoday of December, 1949 at 9cooa
Approved by me, Lester E. Meadows, Mayor
this ,2p ____day of December, 1949.
ATT},ST s
City erk
of the City of Richmond, Indiana,
Mayor