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HomeMy WebLinkAboutCity of Tamarac Ordinance O-1982-053Introduced by4�t Temp. # 999 1 2' 31 41 5� 6 7 8' 9 10 11 12 13 14 15 16 17 is 20 21 22 23 24 25 26 27 28 29 30 33 34 35 36 CITY OF TAMARAC, FLORIDA ORDINANCE NO. 0-82- 5.3 A14 ORDINANCE ADOPTING THE REVENUE FUND; SINKING FUND BOND SERVICE ACCOUNT; SINKING FUND RESERVE ACCOUNT; RENEWAL AND REPLACEMENT FUND; AND GENERAL RESERVE FUND OF THE CITY OF TAMARAC WATER AND SEWER SYSTEM WEST OF STATE ROAD 7 FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 1982; PROVIDING FOR SEVER-' ABILITY OF INVALID PROVISIONS; AND PROVIDING AN EFFECTIVE DATE. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF TAMARAC, FLORIDA. SECTION 1: That the annual Revenue Fund Budget of the Utility serving customers West of State Road 7 of estimated expenses and receipts for the fiscal year 1982/83 reflecting the total revenues of $4,845,413.89 and expenditures of $4,845,413.89 as set forth in Exhibit A, attached hereto and made a part hereof as fully as if set forth verbatim herein, be and the same is hereby adopted and approved by the Council of the City of Tamarac as the Revenue Fund Budget for the fiscal year 1982/83. Also adopted by reference as part of said budget is the budget detail which sets forth each line item in this budget. SECTION 2: That the Sinking Fund Bond Service Account Budget of the Utility serving customers West of State Road 7 of estimated expenses and receipts for the fiscal year 1982/83 reflecting the total revenues of $1,273,868.00 and ex- penditures of $1,273,868.00 as set forth in Exhibit B, attached hereto and made a part hereof as fully as if set forth verbatim herein, be and the same is hereby adopted and approved by the Council of the City of Tamarac as the Sinking Fund Bond Service Account Budget for the fiscal year 1982/83. SECTION 3: That the Sinking Fund Reserve Account Budget of the Utility serving customers West of State Road 7 of estimated expenses and receipts for the fiscal year 1982/83 reflecting the total revenues of $154,000.00 and expenditures of $154,000.00 as set forth in Exhibit C, attached hereto and made a part hereof as fully as if set forth verbatim herein, be and the same is hereby adopted and approved by the Council of the City of Tamarac as the Sinking Fund Reserve Account Budget for the fiscal year 1982/83. SECTION 4: That the annual Renewal and Replacement Fund Budget of the Utility serving customers West of State Road 7 of estimated expenses and receipts for the fiscal year 1982/83 reflecting the total revenues of $233,800.00 and expenditures of $233,800.00 as set forth in Exhibit D, attached hereto and made a part hereof as fully as if set forth verbatim herein, be and the same is hereby adopted and approved by the Council of the City of Tamarac as the Annual Renewal and Replacement Fund Budget for the fiscal year 1982/83. 1 2 3 4 5 l 8 9 10 11 SECTION 5: That the annual General Reserve Fund Budget of the Utility serving customers West of State Read 7 of estimated expenses and receipts for the fiscal year 1982/83 reflecting the total revenues of $1,962,950.00 and expenditures of $1,962,950.00 as set forth in Exhibit E, attached hereto and made a part hereof as fully as if set forth verbatim herein, be and the same is hereby adopted and approved by the Council of the City of Tamarac as the Annual General Reserve Fund Budget for the fiscal year 1982/83. SECTION 6: Transfers shall be in accordance with Resolution No. 79-251, as amended by Resolution No. 80-198, authorizing the issuance of Bonds for the acquisition of the Utility. The City Manager is authorized to make Intra fund transfers within activities and object codes if not in conflict with Resolution No. 79-251, as amended by Resolution No. 80-198. 13 SECTION 7: This ordinance shall be effective upon adoption at which 14 time Ordinance No. 81-46 shall be deemed of no further effect. 15 SECTION 8: Should any section or provision of this ordinance or any 16 portion hereof or any paragraph, sentence or word be declared by a Court of 17 competent jurisdiction to be invalid, such decision shall not affect the validity 18 of the remainder hereof as a whole or any part hereof other than the part declared to be invalid. NJ 21 PASSED FIRST READING this_ 4 day of , 1982. 22 PASSED SECOND READING this day of 1982. 23 24 25 26 ATTEST: 27 28 _ T. 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