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Ord 1809 10/23/1958ORT�INANCE NO. 1869 AN '-'PD INANCE SETTING ASIDE FROM THE REVENI ES OF THE PUBLIC UTILITIES OF THE CITY OF WICHITA FALLS, SUFFICIENT FUNDS TO PROVIDE FCR THE CITY DEBT SERVICE FUND FOR THE FISCAL YEAR 1959 TO PAY PUBLIC UTILITY OBLIGTATIONS; PRWIDING FOR A IMETHOD PAYVIENT;AND D EC I AR I NG AN E1R GE ;\ ICY . BE IT ORDAINED BY THE BOARD OF ALDERMEN OF THE CITY OF }AUICHITA FALLS, TF.;.AS : SECTION 1. That there be set aside from the revenues of the Public Utilities of the City of Wichita Falls, the sum of ''158, 158.00 to pay Public Utility Obli- gations accruirg in the fiscal year 1959, on the outstanding water bond issue in the sum of {2,510,000.00, said sum of money to be set un in a fund to be known as ldater Department Debt Service Fund. SECTION 2. the Public Utilities for the payment of P, year of 1959, on the said sum of money to Service Fund. That there be set aside from the revenues of of the City of Wichita Falls, the sum of °:49,573.00 jblic Utility obligations accruing in the fiscal outstanding -seder bond issue in the sum of 5595,000.00 be set up in a fund known as Sewer Department, Debt SECTION 3. That said total sum of ':158, 15.00 herein set aside is to be divided into twelve (12) equal installments and paid into the funds provided in the bond order each month in the sum of X13, 17.83. SECTION 4. That said total sum of °�4 19, 573.00 herein set aside beginning October 1, 1958, be divided into t,velve (12) equal installments and paid into the funds provided in the bond order each month in the sum of SECTION 5. The immediate need to continue the normal operations of the business of the City creates an erieraency and in order to prrotect the public health, welfare and to preserve the peace, this Ordinance shall take effect immediatel-.), and it is so ordained. AT TT; PASSED AND APPROVED this, the 13th day of October, A. D. 1958. enderson, City tiler 'r . Spel 1, Mayor