Resolution Establishing Bond Construction Fund #1A, Adopting BUdget, and Making Appropriations for Bond Construction Fund #1A RESOLUTION ESTABLISHING BOND CONSTRUCTION FUND #1A,
ADOPTING BUDGET, AND MAKING APPROPRIATIONS FOR BOND
CONSTRUCTION FUND #1A
1. Be it resolved that the Board of Commissioners, Tigard
Water District, establishes Bond Construction Fund #1A to account for
the expenditure of the proceeds of bonds sold by the district on
October 3, 1972.
2. Be it further resolved that under the provisions of ORS
294.326(4) the Board of Commissioners, Tigard Water District, adopts
the following budget for the Bond Construction Fund #lA for the fiscal
year 1972-73.
Resources:
Proceeds from Sale of Bonds $470,400
Interest Earned (Oct 3, 1972 to June 30, 1973) 13,600
`"'` Total Resources: $484.000
Requirements:
Personal Services: $ 5,000
Material and Services:
Printing of Bonds: $ 550
Professional Fees: Attorneys 3,050
Equipment Rental: 8,000
Pipe and Fittings, including
pump station and meter(master)230,000
Contractural Services: 50,000
Miscellaneous: 400
292,000
Capital Outlay:
Land for terminal reservoir: 18,400
Miscellaneous:
Interest on Bond (Jan 1, 1973) 3,600
Contingency: 15,000
Reserve for Future Projects: 150,000
Total Requirements: $484.000
RESOLUTION ADOPTING SUPPLEMENTAL BUDGET
FOR FY 1972-73, AND MAKING APPROPRIATIONS
FOR CHANGES NOTED IN SUPPLEMENTAL BUDGET
General Fund Requirements: (Page 7)
#553 Operating Contingencies $ 1,000.00 $4,000.00 decrease
#555 Line Replacements 38,337.50 ( 7,562.50 decrease
#700 Bond Sinking Fund 81,906.50 (11,562.50 increase)
Bond Sinking Fund Resources: (Page 10)
#400 Transfer in from
General Fund $81,906.50 (11,562.50 increase)
Total Resources: $179.990.00 (11,562.50 increase)
Bonded Debt Requirements: (Page 11)
Under Bond Interest to be paid during
ensuing year:
Issue dated: Oct 1, 1971 $23,125.00 (11,562.50 increase)
Total Requirements: $179.99000 (11,562.50 increase)