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O70-24 ORDINANCE NO. 70 - 24 AN APPROPRIATIONS ORDINANCE OF THE CITY OF BOYNTON BEACH, FLORIDA, ADOPTING A BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 1970, AND ENDING SEPTEMBER 30, 1971. WHEREAS, the CITY CHARTER of the CITY OF BOYNTON BEACH, requires an appropriations Ordinance be passed by the City Council of said municipality each year, adopting a budget showing revenue of the City from all sources and the estimated expenditures to the various purposes for the ensuing fiscal year; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF BOYNTON BEACH, FLORIDA, as follows: Section ~: That the proposed budget for the ensuing fiscal year, prepared by the City Manager of the City of Boynton Beach, Florida, be, and the same is, hereby adopted for the fiscal year of said municipality, beginning October 1, 1970, and ending September 30, 1971, pursuant to and in compliance with the provisions of Section 28 and Section 84 of the City Charter of the City of Boynton Beach, Florida, said budget being made a part hereof by reference. Section 2: That there is hereby appropriated the sum of $1,800, 887 00 to the General Fund for the payment of operating expenses and necessary capital outlay for the city governmenT, purs~iant to the terms of the above budget. Section 3: Thai there is hereby appropriated the sum of $10, 000.0¢ to the Inlerest and Sinking Fund for general debt service for the purpose of paying the interest due on the general obligation bonds of the City not subject to statutory exemptions and for redeeming such bonds as they mature. Section 4: That there is hereby appropriated the sum of $19, 000.0( to the Interest and Sinking Fund for general debt service for the purpose of paying the interest due on the general obligation bonds of the City subject to statutory exemptions and for redeeming such bonds as they mature. Section 5: Thai there is hereby appropriated the sum of $549,924.00 to lhe waler Utility Fund and Sewer Utility Fund for operaling expenses and necessary capilal outlay for the municipal waler and sewer departments. Seclion 6: Thai there is hereby approprialed the sum of $448, 576.00 to the Interest and Sinking Fund of the combined municipal waler and sewer deparlments for the general debl service for lhe purpose of paying interest due on the bonds of said departments and for redeeming such bonds as they malure, and for payment of oulstanding developer's refunding agree- menls. Seclion 7: Thai lhere is hereby appropriated lhe sum of $16,150.00 to the Community Promotion Fund for the paymenl of operating expense pursuanl to the terms of the above budgel. Section 8: Thai lhis Ordinance shall become effective from and after its passage in accordance wilh the Charter of the City of t~oynton Beach, Florida, in such case made and provided. FIRST reading, this 24lh day of Augusl, A.D. 1970. SECOND reading and passage, this 3rd day of September, A.D. 197 CITY OF BOYNTON BEACH, FLORIDA Mayor Vice Mayor uncilman Q~ - City Clerk ? ~..o ii ' . ' - Councilman / - . CITY SEAL