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HomeMy Public PortalAbout1157-1937 - Appropriating $58,000.00 to pay for construction of sewers ORDINANCE NO. 1157-1937 • . - AN: ORDINANCE OF THE CITY OF RICHMOND, INDIANA,- :APPROPRIATING THE SUM OF $58,000.00 TO PAY A PORTION"OF THE '.COST .OF • • CONSTRUCTION OF CERTAIN SEWERS, INCLUDING; INCIDTTAL EXPENSES. WHEREAS;..,:the. Board. of Public Works .and Safety of the City of • Richmond, 'has: found that it wuld be ..for the; best interests of, said City .and its citizens to •provide . for the construction of sanitary_sewers ,to serve the -east 'and southeast sections' of 'said -City, and . atrunok lines: sewer to connect said • territory With the':City' s` sewage treatment, plant, and has .` • determined 'that the ',estimated cost of said: project will' b,e Two Hundred Nine °,Thousand. Dollars ($209;000.00) , and WHEREAS,' on application of the, City the Works, Progress - Administration Of the Federal Government has agreed 'to allocate to said project. a ,grant 'in the amount of One .Hundred Fifty- . • one Thousand Dollars ('y151,000.00) , provided the City .will promptly make available the balance of the funds needed and ` the Board"of Public Works . and 'Safety has arranged for; the payment 'of. the sum of ThirteennThousand .Dollars :-( 13,000.00) towards the cost :of- said ..project by the owners of'-the. property to be ,served by ;said sewers, leaving :a balance of • '.Forty-:five .Thousand Dollars; ($45,000.00) ;te be provided by,; - the City; and . tih'HEREAS', :"the -Board, of "Public`-.'`forks and Safety: has filed: a - request .for-'.an appropriation in the amount of..Fo'rty-five Thousand :Dollars ($45,000.00) for said purpose, which request • has been; approoved by the •City .Controller `who recommends ,. that the funds necessary- to cover such appropriation be obtained 'by the issuance sand. sale of general obligation • „ - bonds of the City; and = WHEREAS, a petition has been duly filed under the 'provisions' ' of: Chapter 119 -of the- Acts- of 1937., by- fifty or more -owners of taxable real estate in the City of- Richrond, 'requesting the , - Common Council to issue',b.8nd s in the'-amount not exceeding the sum of Forty-five Thousand Dollars ;($45,000.00) , for the. purpose of procuring funds to be are' 1i.,ed• on the cost of said sewer proje.ct , ,and. , WHEREAS, • the::Common Council finds,; that the construction .of said v rs, ::part_icularly; .the trunk-sewer ' connecting `with ' the: City'sue:s e wage:• ' reatin.ent '.plant, will :.be of general benefit to the City and its citizens, and that it will 'be, of great advantage::to the City and, its 'citizens. -to secure, the. .cooperaticn • • of' the .:Works .Progress Administration on said project, and that by so doing said sewers _can ,be :constructed at a nominal cost to:the City, and. the: Works .Progress Adm.in:istration will be able to give employment• to many unemployed citizens, which . will 'reduce the 'poor : relief ;burden; and to :that end, the Common ;Council has, authorized the issuance of bonds in the . amount 'of Forty-five thousand, Dollars ( 4S,000.00) to procure the, necessary (funds for',said Project ; now therefore, `• . . _ BE IT ,ORDAINED'' by the_ Common Council` of the City of Richmond, Indiana, ; • Section- I.. That the sum of. Fifty-eight,. Thousand Dollars, ( 58,•,000.Oo;) be appropriated for'•the _use ,of the Board of Dubl.ic Works and ,Safety in `meeting a • portion of the cost of construction` of the sewer project hereinbefore: referred to,•"incl.u.ding • • • incidental expenses necessary to' be incurred • • ' in` connection with •such construction and. the = . issuance of bonds on"accounts ,thereof, of • • which amount the sum of: Forty-"five :Thousand•, • Dollars .('45,000.00 ):.:shall be the proceeds . . of'••the" bonds designated as the "Municipal , . Bonds of ,19 38". heretofore ore authorized to ' be ` • issued -by,. the Common Counciland the sum of . .:: • Thirteen. Thousand .'Dollars (grlt3,:000:00 ) • shall 'be.provided out:of ,funds. contributed , by the -property owner's of property:. to be • benefitted by said sewer -project. - The balance • .of the • cost :of Said' pro ject', in. the`'amount of One - -urdr:ed 'Fifty-one..Thousand Dollars ( 151c90O.00 }'•:,shall' be :provided for out of .. - the•.Fgrant .'allocated' to' said project- .by the • • Works Progress 'Administration.. 'f • • Section 2. This ,ordinance' shall be in ,full 'force end • .. • effect from and after its passag ,and. signing';. - • by. the Mayor -• Passed and adopted by. the Common ' • Council of the City of Richmond, ' _ Indiana; -on the 20th day of - - • December., 19.37." ' Presiding Officer. Atfest.: _ City, Clerk.