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FY 1970 Audit Report .. I. .() i )ll-' f () , t A U D I T R E P 0 R T OCTOBER 31, 1970 CITY OF EDGEWATER. FLORIDA MAYOR William H. Cairnie COUNCILMEN Jacob Lodico Charles P. Ganta General Fugate David L. Wiggins, Sr. CITY ATTORNEY Charles A. Hall CITY CLERK Elsie L. Ward CITY AUDITORS Turney and Dupree Certified Public Accountants r ~ .. . i TAB L E OF CON TEN T S PAGE NO. Auditor's Certificate Combined Balance Sheet - All Funds 1 Schedule of Investments 2 CAPITAL FUND Balance Sheet 3 Analysis of Changes in Fund Balance 4 Reconciliation of Fixed Assets Acquired 5 - 7 GENERAL FUND Balance Sheet 8 Analysis of Changes in Fund Balance 9 Cash Receipts and Disbursements 10 - 11 Estimated Revenue 12 Budget Appropriations 13 WATERWORKS AND SE'l-lER SYSTEM FUNDS Combined Balance Sheet - All Waterworks And Sewer System Funds 14 Balance Sheet - Revenue Fund 15 Analysis of Changes in Fund Balance - Revenue Fund 16 Reconciliation of Fixed Assets Acquired 17 Cash Receipts and Disbursements - Revenue Fund 18 Estimated Revenue - Revenue Fund 19 Budget Appropriations - Revenue Fund 19 Balance Sheet - Operation and Maintenance Fund 20 ,. " .. i PAGE NO. Analysis of Changes in Fund Balance - Operation and Maintenance Fund Cash Receipts and Disbursements - Operation and Maintenance Fund 20 21 22 22 23 23 24 25 25 26 27 28 28 29 29 30 31 31 32 - 33 Estimated Revenue - Operation and Maintenance Fund Budget Appropriations - Operation and Maintenance Fund Balance Sheet - Bond and Interest Sinking Fund Analysis of Changes in Fund Balance - Bond and Interest Sinking Fund Cash Receipts and Disbursements - Bond and Interest Sinking Fund Estimated Revenue - Bond and Interest Sinking Fund Budget Appropriations - Bond and Interest Sinking Fund Balance Sheet - Debt Service Reserve Fund '< Cash Receipts and Disbursements - Debt Service Reserve Fund Estimated Revenue - Debt Service Reserve Fund Budget Appropriations - Debt Service Reserve Fund Balance Sheet - Renewal and Replacement Fund Analysis of Changes in Fund Balance - Renewal and Replacement Fund Cash Receipts and Disbursements - Renewal and Replacement Fund Estimated Revenue - Renewal and Replacement Fund Budget Appropriations - Renewal and Replacement Fund Income and Expense Statement y \0 .. ~ . "1 PAGE NO. BONDED DEBT STATISTICS Statement of Revenue Bonded Debt and Interest Schedule of Refunding and Improvement INSURANCE COVERAGE 34 35 36 - 38 I TURNEY AND DUPREE Ii Certified Public Accountants FIRST FEDERAL BUILDING 501 NORTH GRANDVIEW AVENUE . BOX 5335 DAYTONA BEACH, FLORIDA 32020 ~ JOHN P. TURNEY G. DARRELL DUPREE TELEPHONE "-REA CODE 904) 253-650 I . MEMBERS AMERICAN INSTITUTE ANO FLORIDA INSTITUTE Of CERTIFIED PUBLIC ACCOUNTANTS January 4, 1971 The Honorable Mayor and City Councilmen City of Edgewater, Florida Gentlemen: We have examined the balance sheets of the various funds of the City of Edgewater, Florida, as of October 31, 1970, and the related statements of revenues, expenditures and fund balances for the year then ended. Our examination was made in accordance with generally accepted auditing standards and accordingly included such tests of the accounting records and such other auditing procedures as we considered necessary in the circumstances. In our opinion, the accompanying balance sheets and related statements of revenues, expenditures and..fund balances present fairly the financial position of the City of Edgewater, Florida, at October 31, 1970, and the results of its operations for the year then ended, in conformity with generally accepted accounting principles applied on a basis consistent with that of the preceding year. Respectfully submitted, 1~ ~ SJ^^fM-'- , , COMBINED BAlANCE SHEET ALL FU1'DS ,. OCTOBER 31, 1970 WITH COMPARATIVE FIGURES AT OCTOBER 31, 1969 CITY OF EDGEWATER, FLORIDA ASS E T S OCTOBER 31, 1970 1969 CASH ON HAND AND IN BANKS Cash on Hand First National Bank of New Smyrna Bank of New Smyrna: Revenue Fund Operation and Maintenance Fund Renewal and Replacement Fund Debt Service Reserve Bond and Interest Sinking Fund TOTAL CASH ON HAND AND IN BANKS $ 856.32 21,341. 55 $ 732.20. 22,038055 4,230.73 5,296.14 4,404.59 468.00 16,065.02 52,662.35 1,277 .30 2,325.00 6,680.94 760.05 8,362.69 42.176.73 $ $ RECEIVABLES Accounts Receivable - Garbage Lot cleaning liens Paving Accounts Receivable Water Customers Sewer Customers TOTAL RECEIVABLES $ 1,683.53 105.05 1,142.78 2,294.86 2,102.85 7,329.07 $ 1,782.40 105.05 1,769.98 2,240.73 2,309.45 8,207.61 INVESTNENTS - AT COST $ $ 177,244.86 $ $ 167,098.70 FIXED ASSETS Capital Fund Waterworks and Sewer System TOTAL FIXED ASSETS GASOLINE INVENTORY - AT COST $ 683,497.50 $ 612,683.27 2,087,269.01 2,083.650.14 $ 2,770,766.51 $ 2,696,333.41 $ 4,508.40 $ 3,150.10 $ 1,277.32 $ 1,499.44 $ 20.00 $ 20.00 $ 3,013,808.51 $ 2,918,485.99 INVENTORY OF K~TERIALS - AT COST METER DEPOSITS TOTAL ASSETS , ;. - w L I A B I LIT I E S AND FUN DBA LAN C E PA YROLL TAXES PAYABLE OCTOBER 31. 1970 1969 $ 1,932.39 $ 2,046.02 1,729.41 1,563.21 333.06 162.10 36.11 36.11 22,544.70 22,990.83 ACCOUNTS PAYABLE - UNRECORDED SPECIAL LIBRARY ACCOUNT PLAYGROUND ACCOUNT REFUNDABLE LINE EXTENSION DEPOSITS WATER AND SEHER SYSTEH REFUNDING AND IMPROVEHENT REVENUE BONDS - S ERIES "A" 310,000.00 321,000.00 WATER AND SEIfER SYSTEM REFUNDING AND IMPROVEHENT REVENUE BONDS - SERIES "B" 1,287,000.00 1,304,000.00 NETER DEPOSITS 17,865.50 16,320.00 ADVANCE COLLECTIONS ON EMPLOYEE TELEPHONE CALLS 42.03 - 0 - FUND BALANCE 1,372,325.31 1,250,367.72 TOTAL LIABILITIES AND FUND BALANCE $ 3,013,808.51 $ 2,918.485.99 1 "" ;. TOTAL COMBINED ALL FUNDS $ 177,244.86 2 BALANCE SHEET ; CAPITAL FUND OCTOBER 31, 1970 WITH CO}~ARATIVE FIGURES AT OCTOBER 31, 1969 CITY OF EDGEWATER, FLORIDA ASS E T S OCTOBER 31, 1970 1969 Road machinery $ 80,342.76 $ 70,853.76 New City Hall 24,671.35 24,421. 35 Furniture and fixtures 9,881.20 9,145.20 City barn building 2,983.85 2,983.85 Maps 80.00 80.00 Real estate 39,371.60 39,371. 60 Shell streets 4,170.44 4,170.44 Street paving 257,408086 230,080.56 Strand road fill 3,797.00 3,797.00 Traffic warning signal 22,906.85 22,906.85 Traffic Lights 4,392.55 4,392.55 Police Department equipment 16,451. 92 14,997.62 Small tools and miscellaneous equipment 2,022.57 2,022.57 Fire Department equipment 41,861.05 27,970.03 Street signs 3,310045 3,310.45 Street Department equipment 31,291.46 31,291.46 Library and Chamber of Commerce 7,438.23 7,438.23 Library fixtures 9,250.62 9,093.02 Community House 22,817.82 17,984.82 Community House equipment 8,313.27 7,569.09 Municipal Park and Pier 20,074.05 15,474.05 Picnic area 664.36 664.36 Communications system 2,907.42 2,907.42 Municipal code 5,171.51 5,171.51 Bridge 4,712003 4,712.03 New Library building 31,820.94 31,820.94 Drainage 25,383.34 18,052.51 TOTAL ASSETS $ 683.497.50 $ 612.683.27 FUND BALANCE FUND BALANCE - October 31 $ 683.497.50 $ 612,683.27 3 ;. Page 1 of 3 - ... RECONCILIATION OF FIXED ASSETS ACQUIRED CAPITAL FUND NOVEMBER 1, 1969 TO OCTOBER 31, 1970 CITY OF EDGEWATER, FLORIDA Road machinery: Balance - November 1, 1969 Add: Tractor, backhoe and loader 2 ft mech. extension (1) 30" new Snapper mower Signs Massey Ferguson sicle bar mower New City Hall: Balance - November 1, 1969 Add: Down payment on remodeling Furniture and fixtures: Balance - November 1, 1969 Add: Selective typewriter Adding machine City barn building Maps Real estate Shell streets Street paving: Balance ~ November 1, 1969 Add: Street paving for year Strand road fill Traffic warning signals Traffic lights Police Department equipment: Balance - November 1, 1969 Add: 1970 Plymouth Fury 3 radios Deduct: Radios and mobile unit sold 1968 Ford traded $ 70,853.76 $ 7,792.00 293.00 408.00 498.00 498.00 9,489.00 $ 80,342.76 24,421. 35 250.00 24,671. 35 9,145.20 486.00 250.00 736.00 9,881.20 2,983.85 80.00 39,371. 60 4,170.44 230,080.56 27,328.30 257,408.86 3,797.00 22,906.85 4,392.55 14,997.62 2,299.00 2,940.00 20,236.62 1,664.70 2,120.00 3,784.70 16,451. 92 5 Page 2 of 3 . RECONCILIATION OF FIXED ASSETS ACQUIRED CAPITAL FUND NOVEMBER 1. 1969 TO OCTOBER 31. 1970 CITY OF EDGEHATER. FLORIDA Small tools and miscellaneous Deduct: Old fire truck sold $ 2,022.57 $ 27,970.03 $ 17,942.46 187.50 18,129.96 46,099.99 4.238.94 41,861.05 3,310.45 7,438.23 9,093.02 157.60 9,250.62 17,984.82 4,833.00 22,817.82 7,569.09 561. 35 182.83 744.18 8,313.27 15,474.05 4.600.00 20,074.05 664.36 2,907.42 5,171.51 4,712.03 31,820.94 Fire Department equipment: Balance - November 1, 1969 Add: New fire truck Booster hose Street signs Library Library fixtures: Balance -" November 1, 1969 Add: Record player and cabinet Community House: Balance - November 1, 1969 Add: Air conditioning Community House equipment: Balance - November 1, 1969 Add: Mikes Coca cola machine Municipal Park and Pier: Balance - November 1, 1969 Add: Seawall Picnic area Communications system Municipal code Bridge New library building 6 .. Page 3 of 3 ~ RECONCILIATION OF FIXED ASSETS ACQUIREQ CAPITAL FUND NOVEMBER 1, 1969 TO OCTOBER 31, 1970 CITY OF EDGEWATER. FLORIDA Drainage: Balance - November 1, 1969 Add: Improvements for year Street Department equipment $ 18,052.51 7,330.83 $ 25,383.34 31. 291. 46 BALANCE - October 31, 1970 $ 683,497.50 7 . :. . BALANCE SHEET . GENERAL FUND OCTOBER 31, 1970 WITH COMPA~~TIVE FIGURES AT OCTOBER 31, 1969 CITY OF EDGB~ATER, FLORIDA CASH ON HAND AND IN BANK Cash on Hand First National Bank of New Smyrna Total Cash on Hand and in Bank INVESTMENTS U. S. Treasury Bills (At Cost) RECEIVABLES Accounts Receivable - Garbage Lot Cleaning Liens Paving Accounts Receivable Total Receivables INVENTORIES - AT COST Gasoline Diesel Fuel Supplies Total Inventories METER DEPOSITS TOTAL ASSETS ASSETS OCTOBER 31, 1970 1969 $ 374.02 21 , 341. 55 $ 21,715.57 $ 38,664.31 $ 1,683.53 105.05 1,142.78 $ 2,931.36 $ 548.86 62 . 94 665.52 $ 1,277.32 $ 20.00 $ 64,608.56 $ 363.00 22,038.55 $ 22 ,401. 55 $ 38,525.20 $ 1,782.40 105.05 1,769.98 $ 3,657.43 $ 644.88 24.60 829.96 $ 1,499.44 $ 20.00 $ 66,103.62 ACCOUNTS PAYABLE - Unrecorded L I A B I LIT I E S AND FUN DBA LAN C E PAYROLL TAXES PAYABLE SPECIAL LIBRARY ACCOUNT PLAYGROUND ACCOUNT ADVANCE COLLECTIONS ON EMPLOYEE TELEPHONE CALLS FUND BALANCE TOTAL LIABILITIES A~~ FUND BALANCE " ;. $ 1,394.10 1,123.41 $ 1,089.35 333.06 36.11 42.03 61,679.85 1,247.80 162.10 36.11 .00 63,568.26 $ 64,608.56 $ 66,103.62 8 i ANALYSIS OF CHANGES IN FUND BALANCE GENERAL FUND OCTOBER 31, 1970 CITY OF EDGffivATER, FLORIDA BAlANCE - November 1, 1969 ADD: Accounts Payable - October 31, 1969 DEDUCT: Accounts Payable - October 31, 1970 Decrease in Supplies Inventory Paving Assessments Collected Decrease in Garbage Accounts Receivable Excess of Expenditures over Revenues $ BAlANCE - October 31, 1970 " .. ;; 1,123.41 248.72 627.20 98087 879.56 $ 63,568.26 1,089.35 64,657.61 2,977.76 $ 61,679.85 9 CASH RECEIPTS AND DISBURSE}1ENTS GENERAL FUND NOVEMBER 1, 1969 TO OCTOBER 31, 1970 CITY OF EDGm~ATER, FLORIDA BALANCE PER AUDIT - November 1., 1969 -------- RECEIPTS Prepaid Collections u. S. Treas~ry Bills Sold Paving Collections Payroll Taxes Collected $ Payroll Taxes Paid Lot Cleaning Collections Lot Cleaning Expenses Sale of Equipment Office Rent Special Library Donations Interest on Treasury Bills Penalties Miscellaneous Current 'l:axes Building Permits Electrical Permits Plumbing Permits Miscellaneous Permits Business Licenses Beer, Wine and Liquor Licenses Fines and Forfeitures Reimbursement of Social Security Taxes by Water and Sewer Fund Cigarette Tax Community Center Collections Franchise Taxes Garbage and Trash Collections TOTAL RECEIPTS TOTAL TO BE ACCOUNTED FOR DISBURSEHENTS U. S. Treasury Bills Purchases Supplies Purchases Gasoline Purchases Gasoline Used Diesel Fuel Purchases Diesel Fuel Used . 0; 16,701. 36 16,555.06 123.75 73.45 $ 4,450.03 4,546.05 496.92 458.58 $ 42.03 106,070.92 627.20 146.30 50.30 450.00 1,200.00 170.96 3,929.08 74.50.. 1,734.61 86,669.38 1,176.40 1,149.50 509.50 149.50 8,106.84 1,744.50 26,406.00 1,186.88 41,805.03 999.00 14,424.93 35,409.87 $ 106,210.03 "84.28 (96.02) 38.34 Page 1 of 2 $ 22,401.55 ...-- .. ~--' <- 334.233.23 $ 356,634.78 10 17J/-/ //,70 Page 2 of 2 ~ CASH RECEIPTS AND DISBURSEHENTS GENER..A.L FUND NOVEMBER 1. 1969 TO OCTOBER 31. 1970 CITY OF EDGEWATER. FLORIDA DISBURSEMENTS (Continued) Humane Society Street Paving and Improvements General Government Garbage and Trash Department Road Maintenance Department Park and Pier Street Lights Police Department Fire Department Emergencies and Contingencies Library Department Recreation Department Community Center Drainage $ 1,200.00 5,782.11 42,443.36 34,453.34 28.854.45 7,595.66 9,184.45 41,455.56 28,050.01 3,654.64 8,918.34 1,342.24 8,417.59 7.330.83 BALANCE TO BE ACCOUNTED FOR $ $ L~ TOTAL DISBURSEMENTS d ACCOUNTED FOR AS FOLLa~S r~ First National Bank of New Smyrna Cash on Hand Library Petty Cash Fund $ 21,341. 55 364.02 10.00 $ 21.715.57 cl , ,. I . 11 - /Y7o Ii t t ~ ~ ESTIMATED REVENUES GENERAL FUND NOm1BER 1, 1969 TO OCTOBER 31, 1970 CITY OF EDGDvATER, FLORIDA ORD INANCE ORIGINAL 11657, 1f658 AMENDED UNCOLLECTED ESTIMATE AND 1/670 ESTIMATE COLLECTED OVE RCOLLE CTED ...,'... Taxes $ 88,000.00 $ .00 $ 88,000.00 $ 86,669.38 $ 1,330.62 Building Permits 1,200.00 .00 1,200.00 1,325.90 125.90 ..}: Electric Permits 400.00 .00 400.00 1,149.50 749.50 "'l\ Plumbing Permits 300.00 .00 300.00 509.50 209~50 "'k Business Licenses 9,000.00 .00 9,000.00 8,106.84 893.16 Beer, Wine and Liquor Licenses 1,900.00 .00 1,900.00 1,744.50 155.50 Fines and Forfeitures 13,000.00 . 00. 13,000.00 26,406.00 13,406.00 "k Miscellaneous 1,500.00 .00 1,500.00 4,123.49 2,623.49 * Cigarette Tax 22,000.00 .00 22,000.00 41,805.03 19,805.03 ...,'( Franchise Rebate 13,000.00 .00 13,000.00 14,424.93 1,424.93 "k Community Center 1,000.00 .00 1,000.00 999.00 1.00 Garbage and Trash Collections 34,000.00 .00 34,000.00 35,409.87 1,409.87 "k Office & Storage Space Rental 1,200.00 .00 1,200.00 1,200.00 Surplus Fund 6,000.00 56,000.00 62,000.00 62,000.00 Interest on Investments .00 .00 .00 3,929.08 3,929.08 ...,'; TOTALS $ 192,500.00 $ 56,000.00 $ 289,803.02 $ 41,303.02 ";': , TOTAL COLLECTIONS $ 289,803.02 LESS: SURPLUS FUNDS 62,000.00 NET COLLECTIONS $ 227,803.02 NET COLLECTIONS $ 227,803.02 TOTAL EXPENDITURES 228,682.58. EXCESS OF EXPENDITURES OVER COLLECTIONS $ 879.56 12 BUDGET APPROPRIATIONS GENERAL FUND NOVEMBER 1, 1969 TO OCTOBER 31, 1970 CITY OF EDGEWATER, FLORIDA ORD INANCE ORIGINAL #657, 1F658 AMENDED UNEXPENDED APPROPRIATION AND #670 APPROPRIATION EXPENDED OVEREXPENDED "k General Government $ 48,450.00 $ (1,000.00) $ 47,450.00 $ 42,443.36 $ 5,006.64 Garbage and Trash Department 34,400.00 4,000.00 38,400.00 34,453.34 3,946.66 Road Maintenance 23,100.00 8,000.00 31,100.00 28,854.45 2,245.55 Street Paving and , Improvements 500.00 5,000.00 5,500.00 5,782.11 282.11 * Humane Society 1,200.od .00 1,200.00 1,200.00 Park Maintenance and Recreation 7,850.00 2,000.00 9,850.00 8,937.90 912.10 Street Lights 9,100.00 500.00 9,600.00 9.,~84~ 415.55 Police Department 37,100.00 12,000.00 49,100.00 (41,455~ 7,644.44 Fire Department 6,900.00 16,500.00 23,400.00 22,850.01 549.99 . Fire Hydrants 5,200.00 .00 5,200.00 5,200.00 Emergency and Contingency 2,000.00 1,700.00 3,700.00 3,654.64 45.36 Library 7,400.00 1,400.00 8,800.00 8,918.34 118.34 * Community Center 2,800.00 4,700.00 7,500.00 8,417.59 917.59 "k Drainage 6,200.00 1,200.00 7,400.00 7,330.83 69.17 Capital Outlay 100.00 .00 100.00 .00 100.-00 Civil Defense 100.00 .00 100.00 .00 100.00 Administrator 100.00 .00 100.00 .00 100.00 TOTALS $ 192.500.00 $ 56,000.00 $ 248,500.00 19 817.42 13 BALANCE SHEET ALL HATERHORKS AND Sm\fER SYSTEM FU1TDS OCTOBER 31, 1970 WITH COMPARATIVE FIGURES AT OCTOBER 31, 1969 CITY OF EDGEHATER. FLORIDA ASS E T S . CASHON HAND AND IN BANKS Cash on Hand Bank of New Smyrna: Revenue Fund Operation and Maintenance Fund Renewal and Replacement Fund Debt Service Reserve Bond and Interest Sinking Fund Total Cash on Hand and in Bank ACCOUNTS RECEIVABLE Hater Customers Sewer Customers Total Accounts Receivable INVESTHENTS Certificate of Deposit - Debt Service Reserve $ U. S. Treasury Bills: Bond Interest and Sinking Fund Debt Service Reserve Renewal and Replacement Fund Total Investments $ FIXED ASSETS INVENTORY OF HATERIALS - AT COST TOTAL ASSETS $ OCTOBER 31. 1970 1969 482.30 $ 369.20 4,230.73 1,277.30 5,296.14 2,325.00 4,404.59 6,680.94 468.00 760.05 16,065.02 8,362.69 30,946.78 $ .19.775.18 2,294.86 $ 2,240.73 2,102.85 2,309.45 4,397.71 $ 4,550.18 6,000.00 $ 000 29,391.22 29,333.55 93,532.00 99,239.95 9,657.33 .00 138,580.55 $ 128,573.50 $ $ $ $ 2,087,269.01 $ 2.083.650.14 $ 4,508.40 $ 3.150.10 $ 2,265,702.45 $ 2,239,699.10 L I A B I L T TIE S AND FUN DBA LAN C E OCTOBER 31, 1970 1969 ACCOUNTS PAYABLE - Unrecorded $ 808.98 $ 956.67 PAYROLL TAXES PAYABLE 335.31 315.41 REFUNDABLE LINE EXTENSION DEPOSITS . 22,544.70 22,990.83 METER DEPOSITS 17,865.50 16,320.00 WATER AND SEHER SYSTEH REFUNDING AND IMPROVEHENT REVE~1.JE BONDS - SERIES "A II 310,000.00 321,000.00 HATER AND SEWER SYSTEH REFlThTDING AND IMPROVEMENT REVEi\TUE BONDS - SERIES "B" 1,287,000.00 1,304,000.00 FUND BA.LANCE 627,147.96 574,116.19 TOTAL LIABILITIES AND FUND BA.LANCE $ 2,265,702.45 $ 2,239,699.10 14 BAIANCE SHEET ; \.JATERWORKS AND SEHER SYSTEM REVENUE FUND OCTOBER 31, 1970 WITH CO~~ARATIVE FIGURES AT OCTOBER 31, 1969 CITY OF EDGm.JATER, FLORIDA ASS E T S OCTOBER 31, 1970 1969 CASH ON HAND AND IN BANK Cash on Hand $ 482.30 $ 369.20 Bank of New Smyrna 4~230.73 1,277.30 Total Cash on Hand and in Bank $ 4,713.03 $ 1, 646.50. WATER CUSTOl"-IERS r ACCOUNTS RECEIVABLE $ 2,294.86 $ 2,240.73 Sm.JER CUSTOl"-IERS r ACCOUNTS RECEIVABLE $ 2,102.85 $ 2,309.45 FIXED Land $ 12,000.00 $ 12,000.00 Sewer System 1,437,036.66 1,436,819.77 Water Plant and Distribution System 380,094.80 380,094.80 Sewer Distribution System - Silver Ridge 16,520,00 16,520.00 Line Extensions 150,846.93 147,444.95 Improvements to Water Plant 55,685.24 55,685.24 Water Tank 11 2 20,473.86 20,473.86 Equipment 886.22 886.22 La".m Hower 125.00 125.00 Bookkeeping Hachine 5,090.00 5,090.00 Generator 2,080.00 2,080.00 1965 International Harvester Truck 2,586.00 2,586.00 Communications 538.50 538.50 3,000 Gallon Storage Tank - 1/3 Cost 155.00 155.00 Used Addressograph Nachine 851.80 851. 80 1967 Ford Truck and Body 2,299.00 2,299.00 Total Fixed $ 2,087,269.01 $ 2,083,650.14 ThT\TENTORY OF ~lA TERIALS $ 4,508.40 $ 3,150.10 TOTAL ASSETS $ 2,100,888.15 $ 2,092,996.92 L I A B I LIT I E S AND FUN DBA LAN C E OCTOBER 31. 1970 1969 METER DEPOSITS $ 17,865.50 $ 16,320.00 WATERWORKS AND SEWER SYSTEM REFUNDING AND IMPROVEMENT REVENUE BONDS - SERIES "A" 310,000.00 . 321,000.00 HATERWORKS AND SE\.JER SYSTEM REFUNDING AND DfPROVEMENT REVENUE BONDS - SERIES "B" 1,287,000.00 1,304,000.00 REFUNDABLE LINE EXTENSION DEPOSITS 22,544.70 22,990.83 FUND BALANCE 463.477.95 428.686.09 TOTAL LIABILITIES AND FUND BALANCE $ 2,100,888.15 $ 2,092.996.92 15 ANALYSIS OF CHANGES ill FUND BAlANCE WATERHORKS AND SEHER SYSTEH REVENUE FUND NOVEtffiER 1, 1969 TO OCTOBER 31, 1970 CITY OF EDGB~ATER. FLORIDA FUND BALANCE - November 1, 1969 ADD: Series "AI! Bonds Redeemed Series "B" Bonds Redeemed Water and Sewer Line Extensions Inventory Adjustment Excess of Revenue of Expenditures FUND BALANCE - October 31, 1970 $ 11,000.00 17,000.00 3,618.87 1,358.30 1,814.69 $ 428,686.09 34.791.86 $ 463.477.95 16 ~ RECONCILIATION OF FIXED ASSETS ACQUIRED WATER AND SEWER FUNDS NOVEMrnER 1, 1969 TO OCTOBER 31, 1970 CITY OF EDGBiATER, FLORIDA BALANCE - November 1, 1969 ADD: Water Line Extensions Sewer System Improvements $ 3,401. 98 .216.89 BALANCE - October 31, 1970 $ 2,083,650.14 3,618.87 $ 2,087,269.01 17 CASH RECEIPTS A1TD DISBURSEr-1ENTS WATER Mm SE\lliR SYSTEH REVENUE FUND NOVEMBER 1, 1969 TO OCTOBER 31, 1970 CITY OF EDGE\~ATER. FLORIDA BALANCE PER AUDIT - November 1, 1969 RECEIPTS Accounts Receivable - Water - Sewer Meter Deposits . Connection Charges - Water Service Charges Utility Taxes Hydrant Rentals Line Extension Income Miscellaneous Income Interest from Investments Connection Charges - Sewer V 54,320.57 52,944.15 $ 107,264.72 1,545.50 1,605.00/ 1,675.00/ 35,983.91 5,200.00 37.50 1,290.46 8,927.53 1.925.0V $ TOTAL RECEIPTS TOTAL TO BE ACCOUNTED FOR DISBURSEHENTS Refundable Line Extension Deposits Transfers to Operation and Haintenance Fund Transfers to Sinking Fund Transfers to Rene,val and Replacement Fund TOTAL DISBURS~1ENTS BALANCE TO BE ACCOUNTED FOR ACCOUNTED FOR AS FOLLavS Cash on Hand Bank of New Smyrna 446.13 49,995.00 100,946.96 11,000.00 $ 482.30 4,230.73 $ 1,646.5.0 . ~ 165,454.62 $ 167,101.12 162,388.09 $ 4.713.03 18 ESTL~TED REVENu~ WATERWORKS A}..'1) SEHER SYSTEN REVEI\1UE FUND NOVEMBER 1, 1969 TO OCTOBER 31, 1970 CITY OF EDGEWATER, FLORIDA ESTIMATED COLLECTED Hater Sales $ 54,000.00 $ 54,394.75 Connection Charges - Water 1,000.00 1,605.00 Service Charges 1,600.00 1,675.00 Hydrant Rental 5,700.00 5,200.00 Miscellaneous - Water 200.00 1,282.66 Sewer Service Charges 50,000.00 52,770.15 Connection Charges -" Sewer 500.00 1,925.00 Miscellaneous - Sewer 50.00 45.30 Utility Taxes 33,000.00 35,983091 Interest on Investments 8,500.00 8,927.53 TOTALS $ 154,550.00 $ 163,809.30 BUDGET APPROPRIATIONS NOVE}ffiER 1, 1969 TO OCTOBER 31, 1970 APPROPRIATED EXPENDED Operation and Haintenance Fund $ 52,325.00 $ 49,995.00 Bond and Interest Sinking Fund 93,186.96 100,946.96 Renewal and Replacement Fund 9,038.04 11,000.00 Bad Debts .00 52.65 TOTALS $ 154,550.00 $ 161. 994.61 UNDERCOLLECTED OVERCOLLECTED .,', $ 394.75 .,,> 605.00 "k 75.00 * 500.00 1,082. 66 "k 2,770.15 * 1,425.00 * 4.70 2,983. 91 ~'~ 427.53 .,,> $ 9,259.30 .,,> UNEXPENDED OVEREXPENDED i':: $ 2,330.00 7,760.00 * 1,961. 96 'Ok 52.65 * $ 7,444.61 "k 19 . BALANCE SHEET WATERHORKS AND SEWER OPERATION A},TJ) HAINTENANCE FUND OCTOBER 31, 1970 WITH COr~ARATIVE FIGURES AT OCTOBER 31, 1969 CITY OF EDGBvATER, FLORIDA ASS E T S CASH IN BANK Bank of New Smyrna OCTOBER 31, 1970 1969 $ $ 5,296.14 5,296.14 TOTAL ASSETS L I A B I LIT I E S AND FUN DBA LAN C E LIABILITIES Payroll Taxes Payable $ 334.15 Accounts Payable - Unrecorded 808.98 TOTAL LIABILITIES $ 1,143.13 . FUND BALANCE 4,153.01 TOTAL LIABILITIES Ai,i'D FUND BALANCE $ 5,296.14 ANALYSIS OF CHANGES IN FUND BALANCE NOVill-mER 1, 1969 TO OCTOBER 31, 1970 FUND R~Lfu~CE - November 1, 1969 ADD: Transfers from Revenue Fund Accounts Payable Adjustment $ 49,995.00 147.69 DEDUCT: Operating Expenses FUND BALANCE - October 31, 1970 ~ $ $ 2,325.00 2,325.00 $ 314.10 956.67 $ 1,270.77 1,054.23 $ 2,325.00 $ 1,054.23 50,142.69 $ 51,196.92 47,043. 91 $ 4,153.01 20 CASH RECEIPTS A!\'D DISBURSEMENTS WATER AND SEHER SYSTEH OPERATION Ai\'D HAINTENANCE FUND NOVE~mER 1, 1969 TO OCTOEBER 31, 1970 CITY OF EDGEWATER, FLORIDA BALANCE PER AUDIT - November 1, 1969 $ 2,325.00 RECEIPTS Transfers from Revenue Fund $ 49,995.00 Payroll Taxes Collected $ 3,674.36 Payroll Taxes Paid 3,654.31 20.05 TOTAL RECEIPTS 50,015.05 TOTAL TO BE ACCOUNTED FOR $ 52,340.05 DISBURSEHENTS Water Department: Salaries and Wages $ 12,685.39 Social Security Expense 608.41 Power 2,862.80 Chemicals 815.25 Supplies 421. 74 Truck Expense 668.49 Repairs and Replacements 1,444.27 Telephone 274.68 Hospitalization Insurance 602.00 Printing and Office Supplies 532.13 Professional Services 400.00 Miscellaneous 1,435.93 Equipment Rental 115.00 Insurance 1,245.89 Office and Storage Space 1,200.00 25,311.98 Sewer Department: Salaries and Wages 12,211.57 Social Security Expense 572 . 12 Electric 2,783.16 Chemicals 1,557.02 Supp lies 108.88 Truck Expense 333.30 Repairs and Replacements 1,733.02 Telephone 56.85 Printing, Office Supplies & Postage 532.10 Miscellaneous 582.45 Equipment Rental 40.00 Professional Services 400.00 Insurance 821.46 21,731. 93 47,043.91 BALANCE TO BE ACCOUNTED FOR $ 5.296.14 ACCOUNTED FOR AS FOLLo.vS: Bank of New Smyrna $ 5,296.14 21 ESTIMATED REVENUE WATERWORKS AND Sm.JER SYSTEH OPERATION AND HAINTENANCE FUND NOVEMBER 1, 1969 TO OCTOBER 31, 1970 CITY OF EDGEWATER, FLORIDA ESTTHATED Transfers from Revenue Fund $ 52,325.00 COLLECTED $ 49,995.00 UNDERCOLLECTED OVERCOLLECTED ~', $ 2,330.00 MLANCE S BEET WATERHORKS AND SE\.,TER SYSTEH BOND AND INTEREST SINKING Fllli"'D OCTOBER 31, 1970 WITH CO}ITARATIVE FIGURES AT OCTOBER 31, 1969 CITY OF EDGEWATER. FLORIDA ASS E T S OCTOBER 31, 1970 1969 CAS H IN BANK Bank of Ne\v Smyrna $ 16,065.02 $ 8,362.69 INVESTHENTS U. S. Treasury Bills 29.391.22 29,333.55 TOTAL ASSETS $ 45,456.24 $ 37.696.24 L I A B- I LIT I E S AND FUN DBA LAN C E LIABILITIES $ .00 $ .00 FUND BALANCE 45,456.24 $ 45,456.24 37,696.24 $ 37,696.24 TOTAL LIABILITIES AND FlThrn BALANCE ANALYSIS OF CHANGES IN FUND MLANCE NOVEl-lEER 1, 1969 TO OCTOBER 31. 1970 FUND BALANCE - November 1, 1969 $ 37,696.24 ADD: Transfer from General Fund 100,946.96 138,643.20 DEDUCT: Interest on Bonds Bonds Retired $ 65,186.96 28,000.00 -93.186.96 $ 45,456.24 FUND BALANCE - October 31, 1970 23 CASH RECEIPTS AND DISBURSE~lliNTS WATER AND SEWER SYSTEM BOND AND INTEREST SINKING FUND NOVE~rnER 1, 1969 TO OCTOBER 31, 1970 CITY OF EDGEWATER, FLORIDA BALANCE PER AUDIT - November 1, 1969 $ 8,362.69 RECEIPTS Transfers from Revenue Fund U. S. Treasury Bills Redeemed BALANCE TO BE ACCOUNTED FOR $ 100,946.96 44,110.88 145,057.84 $ 153,420.53 44,168.55 28,000.00 65,186.96 137,355.51 $ 16,065.02 TOTAL RECEIPTS TOTAL TO BE ACCOUNTED FOR DISBURSEMENTS U. S. Treasury Bills Purchases Bonds Retired Interest Paid on Bonds TOTAL DISBURSEMENTS ACCOUNTED FOR AS FOLLa~S: Bank of New Smyrna $ 16,065.02 24 ~ t ESTIMATED REVENUE WATERWORKS AND SEWER SYSTEM BOND A~1]) INTEREST SINKING FUND NOVEMBER 1, 1969 TO OCTOBER 31, 1970 CITY OF EDGEWATER, FLORIDA ESTIHATED COLLECTED UNDERCOLLECTED OVERCOLLECTED ~" $ 93,186.96 $ 100,946.96 $ Transfer from Revenue Fund 7,760.00 BUDGET APPROPRIATIONS NOVEMBER 1, 1969 TO OCTOBER 31, 1970 UNEXPE}.T])ED APPROPRIATED EXPENDED OVEREXPENDED ok Interest $ 65,186.96 $ 65,186.96 $ .00 Bonds Retired 28,000.00 28,000.00 .00 TOTALS $ 93,186.96 $ 93,186.96 $ .00 25 . BALANCE SHEET WATERWORKS AND SEWER SYSTEH DEBT SERVICE RESERVE OCTOBER 31, 1970 WITH COMPARATIVE FIGURES AT OCTOBER 31, 1969 CITY OF EDGEWATER, FLORIDA ASS E T S OCTOBER 31, 1970 1969 CAS H IN BANK Bank of New Smyrna $ 468.00 $ 760.05 INVESTHENTS u. S. Treasury Bills $ 93,532.00 $ 99,239.95 Certificates of Deposit 6,000.00 .00 Total Investments $ 99,532.00 $ 99,239.95 TOTAL ASSETS $ 100,000.00 $ 100,000.00 L I A B I LIT I E S AND FUN DBA LAN C E LIABILITIES $ .00 $ .00 FUND BALANCE 100,000,00 100,000.00 $ 100,000.00 $ 100,000.00 TOTAL LIABILITIES AND FUND BALANCE 26 . ~ CASH RECEIPTS AND DISBURSENENTS WATER AND SEWER SYSTEM DEBT SERVICE RESERVE NOVEMBER 1. 1969 TO OCTOBER 31. 1970 CITY OF EDGm~ATER. FLORIDA ACCO~~ED FOR AS FOLLa~S: Bank of New Smyrna $ 468.00 27 . ~ ESTIMA TED REVENUE WATERWORKS AND SB~ER SYSTEM DEBT SERVICE RESERVE NOVEMBER 1, 1969 TO OCTOBER 31, 1970 CITY OF EDGEWATER. FLORIDA ESTINATED COLLECTED Interest from U. S. Treasury Bills $ 8,500.00 $ 8,927.53 $ BUDGET APPROPRIATIONS NOVE~rnER 1, 1969 TO OCTOBER 31, 1970 APPROPRIATED EXPE1TDED Interest Transferred to Revenue Fund $ 8,500.00 $ 8,927.53 UNDERCOLLECTED OVERCOLLECTED -k 427.53 ~': UNEXPENDED OVEREXPENDED ~': $ 427.53 * 28 . BAlANCE SHEET WATERHORKS AND SEWER SYSTEM RENE'i.JAL AND REPlACEMENT FUND ~CTOBER 31, 1970 WITH CO}~ARATIVE FIGURES AT OCTOBER 31, 1969 CITY OF EDGE\.JATER, FLORIDA ASS E T S OCTOBER 1970 31, 1969 CASH IN BANK Bank of New Smyrna $ 4,404.59 $ 6,680.94 INVESTHENTS u. S. Treasury Bills 9,657.33 .00 TOTAL ASSETS $ 14,061. 92 $ 6,680.94 L I A B I LIT I E S AND FUN D BALANCE LIABILITIES Payroll Taxes Payable $ 1.16 $ 1.31 FUND BALANCE 14,060.76 6,679.63 TOTAL LIABILITIES AND FUND BAlANCE $ 14,061. 92 $ 6,680.94 ANALYSIS OF CHANGES IN FUND BAlANCE NOVEMBER 1, 1969 TO OCTOBER 31, 1970 FUND BALANCE - October 31, 1970 $ 6,679.63 11. 000. 00 17 ,679.63 3,618.87 $ 14,060.76 29 FUND BALANCE - November 1, 1969 ADD: Transfers from Revenue Fund DEDUCT: Capital Improvements . CASH RECEIPTS AND DISBURSEMENTS WATER AND SEWER SYSTEN RENEHAL A1\1J) REPLACEHENT FUND NOVEMBER 1, 1969 TO OCTOBER 31, 1970 CITY OF EDGB~ATER, FLORIDA BALANCE PER AUDIT - November 1, 1969 $ 6,680.94 RECEIPTS Transfers from Revenue Fund $ 11,000.00 U. S. Treasury Bills Redeemed 7, 721. 64 Payroll Taxes Collected $ 6.20 Payroll Taxes Paid 6.35 (.15) TOTAL RECEIPTS 18,721.49 TOTAL TO BE ACCOUNTED FOR $ 25,402.43 DISBURSEHENTS U. S. Treasury Bills Purchased $ 17,378.97 Water Department: Wages $ 94 . 00 Social Security 4.66 Materials 3,213.32 Equipment Rental 90.00 3,401. 98 Sewer Department: Wages 35.20 Social Security 1.69 Equipment Rental 180.00 216.89 TOTAL DISBURSEMENTS 20,997.84 BALANCE TO BE ACCOUNTED FOR $ 4,404.59 ACCOUNTED FOR AS FOLLOWS: Bank of New Smyrna $ 4,404.59 30 . ESTIMATED REVENUE WATERWORKS AND SE\.JER SYSTEM RENEWAL AND REPLACEMENT FUND NOVE}ffiER 1, 1969 TO OCTOBER 30, 1970 CITY OF EDGEWATER, FLORIDA ESTIMATED $ 9,038.04 Transfers from Revenue Fund Capital Improvements . BUDGET APPROPRL~TIONS COLLECTED $ 11,000.00 NOVE}ffiER 1, 1969 TO OCTOBER 31, 1970 APPROPRIATED $ 9,038.04 $ EXPENDED 3,618.87 ~l)ERCOLLECTED OVERCOLLECTED ~.~ $ 1,,961.96 * UNEXPE},T])ED OVEREXPENDED -k $ 5,419.17 31 . INCONE AND EXPENSE STATEHENT WATERWORKS AND SE"wER SYSTEM FUNDS NOVE}ffiER 1, 1969 TO OCTOBER 31, 1970 CITY OF EDGEHATER. FLORIDA IN CONE Water Sales Connection Charges - Water Service Charges Hydrant Rental Miscellaneous Income - Water Sewer Charges Connection Charges - Sewer Miscellaneous Income - Sewer OPERATING INCONE EXPENSE . Water Department: Salaries and Wages Social Security Expense Electric PO\oJer Chemicals Supplies Truck Expense Repairs and Replacements Telephone Hospitalization Insurance Printing and Office Supplies Professional Services Miscellaneous Expense Equipment Rental Insurance Office and Storage Space Rental Bad Debts . Sewer Department: Salaries and Wages Social Security Expense . Electric Power Chemicals Supplies Truck Expense Repairs and Replacements Telephone Printing and Office Supplies . $ 12,685.39 608.41 2,862.80 815.25 421. 74 668.49 1,444.27 274.68 602.00 532.13 400.00 1,435.93 115.00 1,245.89 600.00 20.05 $ 12,211.57 572 . 12 2,783.16 1,557.02 108.88 333.30 1,733.02 56.85 532.10 $ 54,394.75 1,605.00 1,675.00 5,200.00 1,282.66 52,770.15 1,925.00 45.30 24,732.03 Page 1 of 2 $ 118,897.86 32 Page 2 of 2 . INCOME AND EXPENSE STATENENT WATERHORKS AND SEWER SYSTEM FUNDS No~rnER 1, 1969 TO OCTOBER 31, 1970 CITY OF EDGEWATER. FLORIDA Sewer Department (Continued): Miscellaneous Expense Equipment Rental Professional Services Insurance Office Space Rental Bad Debts $ 582.45 40.00 400.00 821.46 600.00 32.60 $ 22.364.53 $ 47.096.56 $ 71,801. 30 $ 35,983.91 8.927.53 44,911.44 $ 116,712.74 TOTAL EXPENSES NET INCmlE FROM OPERATIONS OTHER INCmlE Utility Taxes Interest from U. S. Treasury Bills TOTAL OTHER INCDrlE TOTAL INCmlE OTHER EXPENSE Interest on Waterworks and Sewer System Bonds 65.186.96 NET INCmlE OVER EXPENSE $ 51.525.78 . 33 . STATEMENT OF REVENUE BONDED DEBT AND INTEREST OCTOBER 31. 1970 CITY OF EDGB~ATER, FLDRIDA AMOUNT AVAIlABLE AND TO BE PROVIDED FOR PA YHENT OF REVENUE BONDS AND INTEREST Amount Available - Sinking Fund - Reserve Fund To Be Provided in Future Years - Bonds TOTAL To Be Provided in Future Years - Interest TOTAL AVAIlABLE AND TO BE PROVIDED REVENUE BOr-.'DS Arm INTEREST PA YABLE IN FUTURE YEA.RS 1964 Refunding and Revenue Bonds - Series "A" Series "B" TOTAL BONDS PAYABLE . INTEREST PAYABLE IN FUTURE YEARS - Series "A" Series "B" TOTAL INTEREST PAYABLE TOTAL BONDS AND INTEREST PAYABLE IN FUTURE YEARS . $ $ 45,456.24 100,000.00 145,456.24 1.451.543.76 $ 1,597,000.00 1,082,906.44 $ 310,000.00 1.287,000.00 $ 150,575,00 932,331.44 $ 2,679.906.44 $ 1,597,000.00 1,082,906.44 $ 2,679.906.44 34 . '" . . ~ SERIES "B" TOTAL TOTAL TOTAL TOTAL PRINCIPAL INTEREST INTEREST PRINCIPAL PA YMENT $ 19,000..00 $ 49,503.22 $ 63,966.97 $ 30,000.00 $ 93,966.97' 20,000.00 48,747.60 62,665.10 32,000.00 94,665.10 20,000.00 47,972.60 61,320.10 32,000.00 93,320.10 21,000.00 47,178.23 59,931. 98 34,000.00 93,931.98 22,000.00 46,364.49 58,476.99 36,000.00 94,476.99 23,000.00 45,473.24 56,920.74 37,000.00 93,920.74 24,000.00 44,562.62 55,321.37 39,000.00 94,321. 37 24,000.00 43,632.62 53,655.12 40,000.00 93,655.12 26,000.00 42,663.88 51,926.38 42,000.00 93,926.38 27,000.00 41,637.01 50,115.76 44,000.00 94,1l5.76 28,000.00 40,571.39 48,218.89 46,000.00 94,218.89 29,000.00 39,467.02 46,235.77 48,000.00 94,235.77 30,000.00 38,323.90 44,166.40 50,000.00 94,166.40 31,000.00 37,142.03 42,010.78 52,000.00 94,010.78 32,000.00 35,921.41 39,768.91 54,000.00 93,768.91 33,000.00 34,662.04 37,440.79 56,000.00 93,440.79 36,000.00 33,325.18 35,011.43 59,000.00 94,011.43 37,000.00 31,910.81 32,480.81 61,000.00 93,480.81 60,000.00 30,031.55 30,031. 55 60,000.00 90,031.55 62,000.00 27,667.81 27,667.81 62,000.00 89,667.81 65,000.00 25,207.20 25,207.20 65,000.00 90,207.20 67,000.00 22,649.71 22,649.71 67,000;00 89,649.71 70,000..00 19,995.35 19,995.35 70,000.00 89,995.35 73,000.00 17,224.74 17 ,224.74 73,000.00 90,224.74 76,000.00 14,337.88 14,337.88 76,000.00 90,337.88 79,000.00 11,334.77 11,334.77 79,000.00 90,334.77 82,000.00 8,215.41 8,215.41 82,000.00 90,215.41 86,000.00 4,960.43 4,960.43 86,000.00 90,960.43 85,000.00 1. 647.30 1,647.30 85,000.00 86,647.30 $ 1,287,000.00 $ 932,331.44 $ 1,082,906.44 $ 1,597,000.00 $ 2,679,906.44 35 . '" Page 1 of 3 . INSURANCE COVERAGE ~ OCTOBER 31, 1970 CITY OF EDGEWATER, FLORIDA REQUIRED UNDER ORDINANCE #400 SECTION K (3) Requirement: Auto Liability Insurance Limits - $50/100,000 Bodily Injury: $10,000 Property Damage Policy in Force: GAL - 86875 Insurance Company of North America Agent: J. E. Tumblin Agency New Smyrna Beach, Florida Period: 12-19-69 to 12-19-70 Limits: $100/300,000 Bodily Injury: $25,000 Property Damage SECTION K (1) (2) (1) Requirement: Fire and Extended Coverage on Insurable Portions of the Water and Sewer Project (2) Requirement: Public Liability Insurance Limits: $50/100,000 Bodily Injury: $10,000 Property Damage Policy in Force: Package Policy #AGP - 1-74-54 Insurance Company of North America Agent: J. E. Tumblin Agency New Smyrna Beach, Florida Period: 12-19-68 to 12-19-71 (1) Property Covered - Water System: Blanket Policy - 90% Coinsurance - $100 Deductible 1. Elevated Steel Water Tank Situated N/S E. Park Avenue, Edgewater 2. Elevated Steel Water Tank at W/S Kumquat Tree Drive 3. AAA Water Treatment Plant Building Situated N/S E. Park Avenue, Edgewater 4. Machinery and Equipment While Contained in Item # 3 5. ICM Pump House # 2 Situated Approximately 2 miles W of R. R. at Edgewater Well Field . 36 ~ ~ Page 2 of 3 , . INSURANCE COVERAGE ; OCTOBER 31, 1970 CITY OF EDGB~ATER, FLORIDA SECTION K (1) (2) - Continued 6. ICN Pump House {f 1 Situated Approximately 2 miles W of R. R. at Edgewater Well Field 7. Machinery and Equipment While Contained in Item {f 5 8. Machinery and Equipment While Contained in Item {f 6 Property Covered - Sewer System: 1. AAA Concrete and Steel Sewage Treatment Plant Situated Wend of Ocean Avenue 2. Pumping Station {f 3, Situated East End of Riverview Avenue 3. Pumping Station {f 4, Situated Oakridge and Drainage Canal 4. Pumping Station {f 6, Situated 16th and Evergreen Street 5. Pumping Station {f 7, Situated WEnd of Joyce Street 6. Lift (pumping) Station # 1, Situated Indian River Boulevard and Riverside 7. Lift (pumping) Station # 2, Situated Merrirnac and Riverside 8. Lift (pumping) Station # 5, Situated West Pine Bluff Street 9, Lift (pumping) Station # 9, Situated at Silver Ridge 10. Steel and Concrete K/A Pumping Station # 8 at Kumquat Tree Drive and 18th Street Property Covered - General Fund: 1. Shuffle Board at N. E. Corner of Riverside Drive and Park Avenue 2. AAA City Hall Building - at 106 N. Riverside Drive 3. C. B. - Community House at N. W. Corner of Park Avenue and Riverside Drive 4. C. B. - Library at 141 East Park Avenue 5. C. B. - Equipment Storage Building at Tool House at Mango Drive 6. C. B. - Utility and Storage for Water Department at 113 East Park Avenue (2) Liability Limits: $100/300,00 Personal Injury: $25,000 Property Damage for Each Occurrence with $100,000 Aggregate Operations . 37 ... ~, ~ ~. ~ . Page 3 of 3 INSURANCE COVERAGE OCTOBER 31, 1970 CITY OF EDGm~ATER. FLORIDA OTHER INSURANCE cARRIED Policy # m~c 10-08-04 Insurance Company of America 12/19/69 to 12/19/70 Workmen's Compensation Limit of Liability $100,000.00 Policy # BT (1) 11076 R The Travelers Insurance Company 10/1/70 to 10/1/71 Accidental Death $10,000.00 38