988ORDINANCE NO.
AN ORDINANCE APPROPRIATING REVENUE
TO BE COLLECTED FOR THE WATERWORKS
AND SEWER SYSTEM OF THE CITY OF OPTED
EDGEWATER, FLORIDA FOR THE FISCAL
YEAR BEGINNING OCTOBER 1, 1977 AND
ENDING SEPTEMBER 30, 1978 TO THE VARIOUS
ITEMS OF THE WATERWORKS & SEWER SYSTEM
BUDGET; REPEALING ALL ORDINANCES OR
RESOLUTIONS IN CONFLICT HEREWITH AND
PROVIDING AN EFFECTIVE DATE.
BE IT ENACTED BY THE PEOPLE OF THE CITY OF EDGEWATER, FLORIDA:
Section 1. That the following amounts of monies to be collected from
the sources of revenue of the Waterworks & Sewer System of the City of
Edgewater, Volusia County, Florida, during the fiscal year beginning October
1, 1977 and ending September 30, 1978 be and the same are hereby appropriated
to the following purposes and in the following accounts.
ANTICIPATED REVENUE
Waterworks and Sewer System
Fiscal year 1977- 1978
Water Department
Water Connections
22,500.00
Waste Water Connections
3,000.00
Hydrant Rentals
6,300.00
Water Sales
142,350.00
Waste Water Sales
112,788.00
Utility tax
97, 000.00
Interest
10, 000.00
Miscellaneous
460.00
Surplus
35,000.00
otal Anticipated Revenue 429,
ANTICIPATED EXPENDITURES
Operation & Maintenance
195,042.00
Principal & Interest Sinking Fund
Series A & B Bonds
93,655.20 t.
Farmer's Home Administration
Principal & Interest
36,000.00
Farmer's Home Administration (new loan)
15, 000.00
Farmer's Home Administration (reserve account)
4,156.00
General Fund
18,400.00
Capital Improvement Fund
67,144.80
Total
I'
Section 2. That the City Clerk of the City of Edgewater, Florida, be
and she is hereby directed to apportion such revenue of the Waterworks &
Sewer System of the City of Edgewater, Florida, to the respective purposes
set forth in Section 1 hereof as and when the above described and designated
revenues are received and collected.
Section 3. That all Ordinances or parts of Ordinances in conflict
herewith be and the same are hereby repealed.
Section 4. That this Ordinance shall take effect immediately upon its
adoption by the City Council and approval by 5hgs waWA/
�v
Section 5. The City Clerk is hereby directed to advertise this Ordinance
as required by law.
The first reading of the above Ordinance was read in full and passed by vote
of the City Council of the City of Edgewater, Florida at the Regular meeting
of said Council held on theL,�,day of, 1977 and approved as
proved by law.
The second reading of said Ordinance o be meeting of the
City Council to be held on the ]3_day of 1977.
Roll Call vote as follows:
ATTEST:
Mayor
tiT a `fix/, ✓
Co ilwoman
ounci an
FIRST READING
Councilman
Councilman
n
SECOND READING
'City Clerk
Approved this 3"a y of
Ste, 1977.
This Ordinance prpared by:
JUDSON 1. WOODS, JR.
City Attorney
Water & Wastewater Budgets
1977-78
INCOME ANTICIPATED
Water Connections
22,500.00
Wastewater Connections
3,000.00
Hydrant Rental
6,300.00
Water Sales
142,350.00
Wastewater Treatment
112,788.00
Utility Tax
97,000.00
Interest
10,000.00
Miscellaneous
460.00
Surplus
35,000.00
TOTAL 429,398.00
ANTICIPATED EXPENDITURES
Operation and Maintenance 195,042.00
Bond & Interest Sinking 93,655.20
FmHA Bond & Interest 36,000.00
New Loan 15,000.00
FmHA Reserve 4,156.00
Capital Improvements 67,144.80
General Fund 18,400.00
TOTAL 429,398.00
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