Ord 1816 10/27/1958Ali CIATjINKC7 SETTING ASiD_. 1'!-1M 111!=. ', 1117.
PUBLIC Ui ILIT I ~;S PF THE CITY CF WICHITA FALLS, SUF != ICI'_ 7
FUNDS TO ; P.C`tT IDL FC:; Tr.1 ~. CITY OEM SERVICE E FUNE SCR THE
FISCAL. YEAP 1959 Tn PAY PUD11C UTILITY CDLIGATIONS; PRO -
VIDING FC7 .-, I:._,THOD P YM1iI', A !) ,-,CL.- .RI?.G Al, .'i .Gr CY.
7 IT MAIM BY THE BOAR M, OF ALDERi:" N Q T•,-;>~ CITY
CF WICHITA FALLS, TEX V :
SECTIM 1. That there be set aside from the revenues
of the Public Utilities of the City of
Wichita Falls, the sum of ", 56, 158. " to pay Public Utility
Obligations accruing in the fiscal year 1959, on the out-
standing water bond issue in the sum of 2,51Cr,0 0.00, said
sum of moncy to be set up in a fund to be known as Water
Department Debt Service Fund.
S ECTICK 2. That there be set aside from the revenues
of the Public Utilities of the City of
wichita Falls, the sum of 149,573.00 for the payment of Public
Utility obligations accruing in the fiscal year cf 1959, on
the outstanding sewer bond issue in the sup] of
said sum of mon y to be set up in a fund known as Fewer Depart -
ment "ebt ervice Fund.
SEC;TIC:,i 5, That
as id
installments and paid
each month in the sum
said total sum of ISF, 155, 30 herein set
a is to be divided into twelve (12) equal
into the funds provided in the bond order
Of 13 9 179, 83.
SECTICE 4 That said total sum of °;4 9, 573. nn herein set
aside, beoinninq October 1, 1956, be divided into twelve (12)
equal installments and paid into the fun Cs provided in the bond
order each month in the sum of 0,131.06.
SECTION 5, The immediate need to continue the normal op-
erations of the business of the City creates an emercency and
in order to protect the public health, welfare and to preserve
the peace, this Ordinance shall take a ff :act immediately, and
it is so ordained.
_ASM" AND APPRMP this, the 27th 6ay of October, 1955.
i
AT T. �� Soe11, ! T,; ay
Gc>c Render; on, -ity- �:. e
Prepared h,7:
J. Walter Friberg
City Mtorney