The Virginia enterprise. [volume] (Virginia, St. Louis County, Minn.) 1893-19??, 1912-05-17
CTY'S INDEBTEDNESS SMALL
The Financial Condition of the City
in Splendid Shape, the Actual In
debtedness Being Only $40, 262.-
91-Residents in Pillsbury Addi-
tion Want Water Connections
Other Business by the Council.

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ces on May list, as shown in a re-
port submitted by City Clerk Bick-
ford at the meeting of the council
last Tuesday night, places the actual
Indebtedness of the city at $685.
81, which Is an exceedingly small
amount in comparison with many
other cities of the country. This is
also small indebtedness when it is
taken into consideration the great
amount OF work being done by the
city and the big expense it takes to
carry on the city's business. Fol-
lowing is the report az submitted:
General fund overdraft, @S6,084.-
Is; police and fire fund balance,
$22,469.61; library fund balance,
$1,239.13; park board overdraft,
$7;437.49; sewer, fund overdraft,
$2,246.63; permanent fund balance,
$1,222.1s; Interest fund overdraft,
$4,o2s.5s; total balances, $780,
80; total overdraft, $9s,7s2.46.
Deduct balances of $24,930.93 from
the total overdraft and it leaves a
total overdraft of $74,861.53. There
is outstanding $16,330.53 on i'm
provement warrants, and $7,696.18
due on sewer and paving contracts,
including deposit of $4,000 from
the Fairview Realty company, leav-
ing total Indebtedness of $685.
"a. Deduct from this latter amount
the sum of $76,125.33. which is due
the city from various sources, and
the $4,000 on deposit from the Fair
view Realty company, and it leaves
the actual Indebtedness $20,262.91.
Residents in the Pillsbury addf-
ton have petitioned the council for
an extension of the water mains to
that location and the matter was re-
ferred to the light and water COM
mittee, Aldermen McGhee, Coffey
and NOLAN.
The bonds of the street commits
sioner, milk inspector, meat inspec-
tor, assistant health officer and 9th
er appointiye officers were fixed at
$500 each.
The matter of the diniculty with
the Decaire Incinerator company
was referred to the health commit
tee for adjustment. II appaers that
the incinerator plant erected here
by that company is not doing the
service guaranteed or required and
the city authorities are endeavoring
to have. the defects remedied.. The
company claims that it IL. not the
fault of the plant that it, does not
take care Of the kind Of garbage az
guaranteed. but. rather the fault 81
those in charge OF. the plant. 1t
seems that this company has been
paid for the plant, and other than
recommending. that 4 certain Minne-
apolis man be engaged TO take
charge of the plant. its interest 10
at fault. - II. Ss. @7s..s
Aldermen Cohey. STAFF and kim
ball. members of the ordinance COM
mittee and the city attorney, were
instructed to draft an amendment
to the ordinance regulating the re-
moval of buildings. Difficulties have
arisen between movers Of buildings
and the light and water and tele-
phone companies IN regard to the
cutting Of their wires In order to
allow the buildings TO pass along the
streets, and the amendment win Be
drawn up . a. 70 regulate these
matters. ..ss:.s5 8: .=s.
a. II. Gri99s refurned SATURDAY.