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.