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302
<br />Quarterly
<br />budF? et .
<br />A RESOLUTION APPROPRIATING $57,148.50 TO C07ER T7E ENPE'rSES OF T"F: CITY rOVERNP'��'T
<br />FOR TRE QUART YR ETA I71T AUCUST 31,19 22.
<br />BF I T RESOLVEn BY TT -7E C CZ.MN COUNCIL, T711 B uARD OF ALDEFO?EN CON CUT?R I rTr ;
<br />That the sum of $57,148.50 be and is hereby appropriated to cover the.
<br />exl,,enses of thy, c ity gol�ernm.ent for the quarter endinrr Aupust 31,1922, as follows,
<br />Streets---- - - - - - - - - -
<br />Gas..................
<br />Water._..............
<br />Sewers-............. .
<br />Cemeteries -----------
<br />Parks................
<br />Fire-..-_.._.....�...
<br />Police Salaries--• __.. .
<br />Police Incidentals --
<br />Health. ...........
<br />Poor--.._..-..--------
<br />$79000.00
<br />Engineering-----------
<br />125.00
<br />131500.00
<br />Salaries-.---...-.----
<br />4,527.50
<br />31000.00
<br />Court & Jail ------ - ---
<br />500,00
<br />8U0.0U
<br />Buildinrrs Rr rlrounds---
<br />100.00
<br />11000.00
<br />Sanitary--------------
<br />21000.00
<br />125.00
<br />Incidentals-----------
<br />111.00.00
<br />1,200.00
<br />Interest on Bonds •-----
<br />81696.00
<br />- 49800.00
<br />Interest k Discount --.600.00
<br />875.00
<br />District Nurse--------
<br />150.00
<br />850.00
<br />Lights----------------
<br />21900.00
<br />900.00
<br />Library ...............
<br />750 U
<br />•0
<br />Total s ,44r`8�p
<br />Adopted by the Common Council Tune 6,1922/
<br />Ayes:Forrest, Quarles, 7orris, Via,
<br />Twyman, Watson and Written.
<br />Presented and approved Concurred in by Board of Ald a rrnen June 12,1922,
<br />June 13,1122, A.yes:Greaver, Hade, Pattun and Walker.
<br />Cj
<br />- Q
<br />ayor. Clerk.
<br />Prudent Common Council
<br />President Roard of Alcler.en,
<br />AN ORDIIIANCE CLASSIFYING TFF TFIRTY-FIVE TT'UIJSAI;D DOLLARS ($359000) OF rAS BONS,
<br />Classifying AND TWO ??UNDR►�;D Tr'OUSAIiD DOLLARS (t20U,000) OF WATER BONDS OF TT?E CITY OF VARLOTTES-
<br />wat o .r. and gas SII LLE , AUTHURI ZED AT AN ELECTION HELD IN Tl'E CITY UN TRI: 8th DAY OF J UNE,19 20, ANT
<br />bonds as YET TO BE ISSUED, AS REVENUE BEARING BUNDS OF Tt:E CITY WITHIN THE TET!S OF SECTION
<br />revenue 127 (b b OF TPE OONSTI TUTI UI` OF VIRGINIA, AICD FIXING A PERIOD UNDER SAID SECTION PUKING
<br />p ruduc i ng/ WFIC - SAID BONT)S SHALT, NOT BE INCLUDED IN DETETrFI NI NG Ti -'E LIVI TATI UN OF TTTE POWER OF
<br />THE CITY TO IITCUR INDEBTEDNESS.
<br />WHEREAS, by Ordinance passed by the Common Council of the City of C'-arlotteoville,
<br />on the 4th day of P`ay,192O, concurred in by tie Board of Aldermen of said City on t4
<br />701 day of Yay,1920, and approved by tie ?payor on said 7th day of ''ay,192O, complying
<br />witr Section 123 of t1ne Constitution of Virginia, and the Statutes in sucT, cases made
<br />and provided, it was provided trat an election be held on tie 8th day of Tune 1920,
<br />at which the qualified voters of the City mirl,t vote for and arrainsty t1le issue of bonds
<br />for the several specific purposes and und.ertakinps therein particularly desivnated,
<br />among them $200,000 to augment and irrp.rove the City's water supply, and $35,000 to
<br />extend and equip the Cas Plant,
<br />AND rIEPRAS, the Corporation Court of the City of Charlotteevill_e, did, on May Gtr
<br />1920, enter an order pursuant to Statutes of Virginia, directing the election officials
<br />to do those t�iinrrs necessary to subrlit to the qualified voters of th(; City at an electio
<br />to be held on Tune 8th,1920, t1re question wlether such bonds for water and r►as, as ill
<br />as bonds for other purposeed esir~nated in said ordinance, should be issued, and directing
<br />due publicity of such election, said election was duly and legally 'held on the said
<br />8t1h day of ,Tune,192O, and there was apr) roved , by tre qualified voters of the city in
<br />the manner required by law, the aforesaid issue of $200,000 for water, and $35,00
<br />p
<br />for gas, as well as all the other items set forth in said Ordinance and voted upon
<br />at said election, with the exception of the item of $18,000 for remodeling armory,
<br />ANP WHEREAS, the ,
<br />e said )rdinance, approved Play 7th1920recites, in part, teat
<br />it was deemed necessary arld expedient and to the advantage of the City, that trto Cit
<br />t:
<br />should negotiatw a loan to extend a! -d improve its revenue producing utilities, t
<br />$2000000 to augment and improve t1ne City's water supply,
<br />509000 to extend the sewer system, and
<br />155 ODU to extend and equip the gas plant,
<br />285,000 Total, d 35,000
<br />but does not in terms exclude the aforesaid sums of $20U ODU for water ars $is
<br />for brae, or either of teem, from tl a otherwise auttilorised indebtedreso of cj
<br />under Section 127 (b) of the Constitution of 'li rviniai
<br />AND WTfi1;JPAS, It was, and is, the purpose to borrow money and isstae said bondags
<br />in said sum of 200,000 for water, and $35,000 for gas under the provisicnsrofeelaid
<br />(b), Section 127, of tie Constitution of "ira-inia, to that said bonds fortes reCA
<br />ap eci fic undertakings shall not be included in the otherwise autho r3 sed indebted
<br />ion
<br />of said City, and it has been found necessary to fix tl-e period, under said "1 000
<br />127 (b) of the Constitution, during which said $200,000 of water bonds, and of the
<br />of gas bonds shall not be included ir determining t1le limitation of the Powe
<br />City to incur indebtedness:
<br />BE ITORDAINED, by the Common Council, the Board of Aldermen concurring► 000
<br />35
<br />That the said 42001 000 of bonds et to be issued for rater, and said id
<br />of bonds et to be issued for s
<br />y gas authorised b the election aforesaid, Khicr $tion
<br />ronds are to be payable to the bearer, forty years after date, to contain t' 11 (20)
<br />on the part of the City to pay the principal thereof at the expiration of two ty
<br />
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