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HomeMy Public PortalAbout1250-1942 - Appropriating $1,249,600.00 For the Power Plant 1943 BudgetOrdinance No, 1250-1914-2 AN ORDINANCE APPROPRIATING THE SUM OF ONE MILLION TWO HUNDRED FORTY-NINE 'THOUSAND AND SIX HUNDRED DOLLARS ($1,249,600.) OUT OF' THE FUNDS OF THE P,IUNICIPAL ELECTRIC LIGHTING & POI.b'ER PLANT OF THE CITY OF RICMIOND, INDIANA TO THE VARIOUS ACCOUNTS OF SAID PLANT FOR THE FISCAL YEAR COiMENCIN G JANUARY 1, 1943, AND ENDING DECEMBER 315, 1943. Section 1. BE IT ORDAINED BY THE COTIMON COUNCIL OF THE CITY .OF RICHILIOND, INDIANA, that for the year beginning January 1, 1943, and ending December 31, 1943, the sum of ONE MILLION TWO HUNDRED FORTY-NINE THOUSAND AND SIX HUNDRED DOLLARS ($1,249,600.) be, and the same is hereby appropriated out of the funds of the Municipal Electric Lighting & Power Plant of said City, and is hereby set apart for various items of expenditure_ as follows, to wit: OPERATING ACCOUNTS Steam Power Generation $1205000.00 Transmission & Distribution. .345000.00 Consumption 14.9000.00 Commercial 24,000.00 Undistributed 405000.00 rl General 28,000.00 Depreciation Reserve 65000.00 Taxes (Gross Income) 125000.00 34iscellaneous Interest 600.00 Consumers Deposits 6,000.00 Stock Account -Fuel 230,000.00 Stock Account-P1lerchandise 45,000.00 TOTAL OPERATING 6559,600.00 Civil. City-`. 330, 000.00 CONSTRUCTION ACCOUNTS Teeters 5, 000.00 Transformers 33,000.00 Short Extensions 35,000.00-- Sundry Equipment 2,500.00 Underground System 3,300.00 Turbo -Generator 25,000.00 lain Street Dam 40,000.00 Interconnection 1.25,000.00 Plant Substation (Breakers, Etc.) 88,000.00' Non -Operating Payroll 3,200.00 TOTAL CONSTRUCTION 3602,000.00 GRAND TOTAL $1,249,600.00 Section 2. This ordinance shall be in full force and effect from and after its passage, signature of the President of the Common Council, approval of the IVlayor. PASSED BY THE COI-MON COUNCIL OF THE _ CITY OF RICN_'VIOND, INDIANA,_ THIS DAY OF DECENIBER,, 1942. reside t of the Common Council Z& P. &L zm: r_� Attest: City Cler Submitted by me, Lester E. Meadows, Clerk of the City of Richmond, Indiana, to the Hon.•John R. Britten, Mayor pf, the City of Richmond, Indiana, this ' day of December, 194 , at U�UDA.lt4. City Clerk Approved by me,n John R. Britten, Mayor of the i f Licrin, Indiana this d� of December 1942. Attest• ,Q,q City- Cfei4k Mayor