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HomeMy WebLinkAboutOrdinance No. 0121CITY0FNEDINAjAN0RINANCEappropriairunantioipatedrevenueforworkdlontheCitystreetsdreatinganarterialstreetfunWHEIAStheCtyhasrealimeddexpecttoreizerevenuetnheotofupto20O0O0OaathecontributionsofsbuttinoersnrsystematicprogrofstreeimprovementditisnecessarythatsuchfdabeappliedInthIcorstructirnseasonandWEREAStheCityhasrealizeddexpectstorealizefthertieipatedrevenuebyeaonofapter7Lawof1961ExtraordinarySessionincreasnthemtOrvehiclefuelsexcisetanditianecessarydertheregulationsoftheStateAuditorsofficethataseptatearterialstreetfdbecreatedforthereciptddishusemeatofsuchanticipatedrevenuenowthereforeTHECITYCOUNCILOFTHECITYOFMEDINADOORDAINAMFOLLOWS1MeetionleApprofiationOfonmerContributionsesu2000OO00reeevedoranticipatedatthistimebuntIticlpatdathetimeofheadoptionofthe1961busgetisherebyapprsprlstsdtothestreetfundundertheclasscapitaloutlaytotheitemStreetImprovementOwnerContributiOnProEramSection2AlterelMtreetFldCreatedThereiherebycreatedaspecialundoftheCityintheofficeastheArterialStreetFundofthecitytreasurerknomallexpendituresfromwhichshallbeexclusivelyforthesontructionLmprovementandrepairofarterialhighwaysasrequiredbySectionofChaptero7Lawsof1961ExtraordinarySessionandanylawsamendstorythereofMention3ApronriationofunanticipatedrevenueTothearterialareeufundoutofrevenuesreoelvedoranticipatedatthistimebutnotanticipatedatthetimeofadoptionofthe1961budgetandparticularlythoserevenuesderivedbyvirtueoftheincreaseinthemotorvehiclefuelsexcisetaxunderChapter7Lawsof1961ExtraordinaryBessionthefollowingappropriationsaremadeSalariesMaintenanceandoperation00CapitaloutlayInterestaddebtredemption70000020000Section4CodeHererondoSection2hereofehallConstitUteSection22018oftheNedinsCodeandallothersectionsshallbeconsideredoftemporaryorspecialeffectSection5EffectiveDateThisordinanceshallbecomeeffectiveuponthe21stdayofAugust1961authenticationssaedayApprevedastoformBTEPNHFCHADWCKoCityAttorney