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HomeMy WebLinkAboutCity of Tamarac Ordinance O-1986-0531.1 1 1 21 3 N 5 6 7 8 9 10 it 12 13 14 15 l6 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 Introduced by: x1m Temp. Ord. #1286 CITY OF TAMARAC, FLORIDA ORDINANCE NO. 0-86- S_3 AN ORDINANCE ADOPTING THE REVENUE FUND; SINKING FUND -BOND SERVICE FUND; SINKING FUND -RESERVE ACCOUNT; RENEWAL AND REPLACEMENT FUND; GENERAL RESERVE FUND; GENERAL RESERVE CIAC'S FUND; IN LIEU OF TAX FUND; AND CONSTRUCTION FUND OF THE CITY OF TAMARAC WATER AND SEWER SYSTEM WEST OF STATE ROAD 7 FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 1986; PROVIDING FOR SEVERABILITY OF INVALID PROVISIONS; AND PROVIDING AN EFFECTIVE DATE. BE IT ORDAINED BY THE COUNCIL OF THE CITY OF TAMARAC, I4119114463 y ECTION 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 1986/87 reflecting the total revenues and expenditures of $7,588,330.00, 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 Fiscal Year 1986/87. 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 Budget of the Utility serving customers west of State Road 7 of estimated expenses and receipts for the Fiscal Year 1986/87 reflecting the total revenues and expenditures of .$2,455,560.00 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 Fiscal Year 1986/87. aEgTIQN 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 1986/87 reflecting the total revenues and expenditures of $200,000.00, 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 1986/87. -� 1- T Temp. Ord. #1286 SECTION 4: That the annual Renewal and Replacement 1 1 21 K 4 6 7 9 10 it 12 FVl 14 15 16 17 16 19 20 21 22 23 24 25 26 27 26 29 30 31 32 33 34 Fund Budget of the Utility serving customers west of State Road 7 of estimated expenses and receipts for the Fiscal Year 1986/87 reflecting the total revenues and expenditures of $622,435.00 as set forth in Exhibit D, attached hereto and made 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 1986/87. SECTION 5: That the annual General Reserve'Fund Budget of the Utility serving customers west of State Road 7 of estimated expenses and receipts for the Fiscal Year 1986/87 reflecting the total revenues and expenditures of $444,005.00 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 Council of the City of Tamarac as the Annual General Reserve Fund Budget for the Fiscal Year 1986/87. SECTION 6: That the annual In Lieu of Tax Fund Budget of the Utility serving customers west of State Road 7 of estimated expenses and receipts for the Fiscal Year 1986/87 reflecting the total revenues and expenditures of $190,000.00 as set forth in Exhibit G, 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 In Lieu of Tax Fund Budget for the Fiscal Year 1986/87. E�CTION 7: That the annual General Reserve CIAC's Fund Budget of the Utility serving customers west of State Road 7 of estimated expenses and receipts for the Fiscal Year 1986/87 reflecting the total revenues and expenditures of $4,153,610.00, as set forth in Exhibit F, 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 CIAC's Fund Budget for the Fiscal Year 1986/87. I+M Temp. Ord. #1286 u 1 2 3 4 5 6 7 8 9 16 27 � 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 23 24 SECTION 8: That the annual Construction Fund Budget of the Utility serving customers west of State Road 7 of estimated expenses and receipts for the Fiscal Year 1986/87 reflecting the total revenues and expenditures of $12,319,230.00, as set forth in Exhibit H, 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 Construction Fund Budget for the Fiscal Year 1986/87. SECTION 9: Transfers shall be in accordance with Resolution 79--251, as amended by Resolution 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 79-251 as amended by Resolution ,SECTION 10: Should any section or provision of this Ordinance or any portion hereof or any paragraph, sentence or word be declared by a Court of compete-nt jurisdiction to be invalid, such decision shall not affect the validity of the remainder hereof as a whole or any part hereof other than the part declared to be invalid. SECTION 11: This Ordinance shall become effective upon adoption at which time Ordinance 85-47 shall be deemed of no further effect. .PASSED FIRST READING this _= day of a ,1986. PASSED SECOND READING this4Z?_J day of ,1986. i' BERNARD HART, MAYOR ATTEST: ZZ MARILYN ERTHOLF, CI CLERK MAYOR: HART DIST. 1: C/W MASSARO I HEREBY CERTIFY that I have DIST. 2: V/M STELER approved the form and correctness of this ORDINANCE. DIST. 3: C/M GOTTESMAN--AWA— DIST. 4: C/M STEIN A. BRYA APPLET CITY ATTORNEY MW ■ EXHIBIT A UTILITY WEST REVENUE FUND `1 0Ki�. wk,� Gi REVENUES WATER SALES WASTEWATER CHARGES OTHER INCOME TOTAL EXPENSES WATER/SEWER COMBINED OPERATIONS WATER TREATMENT WATER TRANSMISSION & DISTRIBUTION GENERAL ADMINISTRATION WASTE WATER COLLECTION WASTE WATER TREATMENT TRANSFER TO DEBT SERVICE FUND TRANSFER TO RESERVE FUND TRANSFER TO R & R & GENERAL RESERVE OTHER EXPENSES TOTAL EXHIBIT F UTILITY WEST DEBT SERVICE REVENUES TRANSFER FROM REVENUE FUND EXPENSES PRINCIPAL INTEREST TOTAL BUDGET 1986-87 $3,086,700 3,961,830 539,800 $7,588,330 $ 754,500 761,825 495,250 651,830 578,800 830,125 2,455,560 413,000 457,440 190,000 _$7,588,330 $2,455,560 $ 375,000 2 080,560 §2,455,560 BUDGET 1985-86 $2,342,400 2,935,000 954,289 $6,231,689 $ 593,800 710,000 413,460 379,125 497,594 959,245 1,414,900 - 0 - 763,835 5001000 $6,23." 689 $1,414,900 $ 150,000 1 264 900 1 414 900 if D R � G -5� •1 EXHIBIT C UTILITY WEST RESERVE FUND BUDGET BUDGET 1986-87 1985-86 REVENUES INTEREST INCOME $ 200,000 $ 104,000 UTILIZATION OF RETAINED EARNINGS - 0 - 196,000 TOTAL 200,000 $ 300,000 EXPENSES TRANSFER TO REVENUE FUND $ 200,000 $ 300,000 EXHIBIT D 7 RENEWAL & REPLACEMENT FUND REVENUES UTILIZATION OF RETAINED EARNINGS $ 500,000 $ 568,000 TRANSFER FROM REVENUE FUND 122,435 202,240 OTHER INCOME - 0 - 10,000 TOTAL $ 622,435 $ 780,240 EXPENSES WATER TREATMENT $ 244,800 $ 259,500 WATER TRANSMISSION & DIST. 63,000 32,500 WASTE WATER COLLECTION 35,350 106,030 WASTE WATER TREATMENT 47,500 82,500 WATER & SEWER COMBINED SERVICES 88,000 TRANSFER TO CONSTRUCTION FUND 231,785 211,710 TOTAL $ 622,435 $ 780,240 EXHIBIT E�Z UTILITY WEST GENERAL RESERVE REVENUES FEES FROM DEVELOPERS $ 109,000 $ 107,900 TRANSFER FROM REVENUE FUND 335,005 561,145 OTHER REVENUE - 0 -- 10,000 TOTAL $ 444,005 $ 679,045 EXPENSES OPERATIONS DIVISION $ 10,000 $ - 0 - WATER TREATMENT 56,000 8,500 WATER TRANSMISSION & DISTRIBUTION 65,000 67,500 GENERAL ADMINISTRATION WASTE WATER COLLECTION 11,000 34,500 78,000 158,700 WASTE WATER TREATMENT 19,800 29,800 TRANSFER TO CONSTRUCTION FUND 247,705 336,545 TOTAL $ 444,005 $ 679,045 40 EXHIBIT F REVENUES C.I.A.C. FUND UTILITY WEST UTILIZATION OF FUND BALANCE INTEREST INCOME TOTAL EXPENSES WATER TREATMENT WASTE WATER COLLECTION WASTE WATER TREATMENT TRANSFER TO CONSTRUCTION FUND TOTAL BUDGET BUDGET 1986-87 1985-86 $3,853,610 $2,860,571 300,000 300,000 44,153,610 $2,938,000 105,000 201,100 909,510 $ 4,1 5 3 , 61 0 $3,160,571 $1,426,000 304,915 200,000 11229,656 3,160,571 EXHIBIT Gl IN LIEU OF TAX FUND UTILITY WEST REVENUES TRANSFER FROM REVENUE FUND $ 190,000 210,000 EXPENSES PAYMENTS IN LIEU OF TAXES_ 190,_000 EXHIBIT:H- CONSTRUCTION FUND - UTILITY WEST REVENUES STATE GRANT BOND ISSUE PROCEEDS UTILIZATION OF RETAINED EARNINGS TRANSFER FROMOTHER FUNDS OTHER INCOME TOTAL EXPENSES DEEP INJECTION WELL SLUDGE DEWATERING SANITARY SEWER REHAB. N.W. FORCE MAIN WATER TREATMENT PLANT WATER TREATMENT PLANT IMPROVEMENTS SEWAGE TREATMENT DESIGN WATER PLANT UNIV. DRIVE LINE RELOCATION 201 SEWER SYSTEM SEC. 7 MAINS & PUMPS SOD FARM IMPROVEMENTS U.W. ADMINISTRATION BUILDING PUMP STATION MODIFICATIONS $ 462,000 10,068,230 1,389,000 400,000 $ 210,000 $ 576,282 11,489,770 - 0 - 1,777,911 $12,319,230 $13,843,963 0 - - 0 - 1,500 2,310,000 230,750 510,500 790,000 172,000 1,255,000 5,463,200 178,000 200,000 664,230 544,000 365,543 60,125 218,000 1,883,566 400,aoo 362,455 858,100 250,000 1,300,000 6,553,944 178,000 200,000 664,230 550,000 TOTAL §12,319,230 $13,843,963