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HomeMy WebLinkAbout0241_220TION 4. That the sum of $5,559,885.00 is hereby appropriated out of the Utility Fund for the payment of operating expenses of the City Government as hereinafter itemized: Administration $ 390,170.00 Electrical Department 4,060,650.00 Water Department 253,700.00 Sewer Department 143,180.00 Sanitation Department 195, 200.00 Inspection Department 57,785.00 Bond Interest and Sinking 210,000.00 Certificate of Obligation Interest and Sinking 32,200.00 Transfers 217, 000.00 TOTAL $5—,559,885.00 SECTION 5. That the sum of $242,200.00 is hereby appropriated out of the Interest and Sinking Fund for the purpose of paying the accrued interest and making the principal payments as the some mature on the Utility System Revenue Bonds and creating the prescribed contingent and reserve funds. SECTION 6. All ordinances or parts of ordinances in conflict herewith are hereby repealed. SECTION 7. This ordinance shall be and remain in full force and effect from and after its passage and approval by the City Council of the City of Georgetown. Read, passed, and approved this 16th day of July, 1981, on first reading. Read, passed, and approved this 11 th day of August, 1981, on second reading: C. Jv�n C. Doerfler Mayor ATTEST: A \ Jim Col rt, City Secretary APPROVED AS TO FORM: Joe B. McMaster, City Attorney