1961-26A RESOLUTION ADOPTING AN ESTIMATED BUDGET FOR
THE FISCAL YEAR BEGINNING NOVEMBER 1, 1961 AND
ENDING OCTOBER 31, 1962 AND ADOPTING AN AMOUNT
DETERMINED TO BE THE ANTICIPATED CASH RECEIPTS
OF THE WATER DEPARTMENT OF THE CITY OF EDGEWATER,
VOLUSIA COUNTY, FLORIDA
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EDGEWATER, FLORIDA:
SECTION 1. That the following hereby is adopted as the estimated
budget for the Water Department of the City of Edgewater, Florida, for
the fiscal year beginning November 1, 1961 and ending October 31, 1962.
Operation and Maintenance t17,634.50
Principal and Interest, sinking fund 25,477.50
Reserve Account 4,200.00
Depreciation Account $18,000.00
Capital Improvements 4.,806.63
Total $52,118.63
SECTION 2. That the amount of $52,118,63 is hereby adopted as
the anticipated cash receipts for the fiscal year beginning
November 1, 1961 and ending October 31, 1962.
SECTION 3. BE IT FURTHER RESOLVED that all resolutions or part s
of resolutions inconflict herewith be and the same hereby are rescinded.
The above and foregoing resolution was presented by Councilman
Sena _ who moved its adoption, said motion being seconded by
Councilman Smith , and upon roll call vote, said resolution
was duly declared adopted at theregular meeting of said Council held
on the 6th day of September, 1961, the vote on said roll call of
said Council being as follows:
,
N.
1961 #96