The Emmett index. [volume] (Emmett, Idaho) 1893-1925, 1914-10-01
FE,lAL YEAR Or IRRI-
Funds to be Divt6-one 1or
Maintenance, Otht for War
rant RedenfiOn

At meeting of theboard OF ar
ectors lbf the Emmett nigaIioh Dls-
trict, Held Monday, an 'menomeut 70
the bylaws, creating fiscal year.
was introduced and uznlmousiy a
doptedI The amendrent proViues
that the fiscal year shsl Begin oc'D-
Der / and end Septemts ~ Oh each
year, and that two feds snal. De
created-one to be calld the Main
tenance Fund" and the oner the " ar
rant Redemption Fund Inc nrst
year, Is per cent of the Maintenance
fund shall be set aside for payment
of outstanding warrants and N the
following years not less than ~ per
cent shall be set aside ipr axe pur-
pose.
The amendment is grsn below in
full:
1t appearing to the caro- OF di-
rectors of the Emmett lrlgaUon DIS
trict that, because of repairs ana I'M
provements in the canals q sald En-
NETT Irrigation District during the
past two years, which were absolute
ly necessary in order TO f-rnisn water
to the lands within said District, tne
cost of operation of the district on ac-
count of said repairs and improve
ment has exceeded the AMOUNT levied
and collected for the maintenance
thereof, which necessitatec the issuing
of warrants to those empoyed for Ia
Dor and in furnishing spplies, etc,
for the district, of which the district
has received the benefit, sd that the
levy made by the board I directors,
on the18th day of Angus, 1914, VIII
not be sufficient to pay nd warrant
indebtedness and provide br the oper-
alton, maintenance and reairs neces-
sary to the works of the ditrict for the
year 1914, and it furthe appearing
that, on account of the osigations OF
the district with referenceo said war
rants and on account Of he impossi-
bility of employing person TO look af-
ter the works of said distict without
having cash to pay suct employees,
it has now become Necessary that the
board establish fiscal ear and di-
vide the maintenance fud into two
funds. one to be called tie "Mainten-
ance Fund" and the othel to be called
tie Warrant Redenpion Fund"
and it appearing to sal board that
the establishment of sal fiscal year
and the division of said maintenance
fund will place some cashin the trea-
sury of the district to Ry the en-
ployees of the district, an will place
the district in better osition fin
ancially, and make the warrants here
matter listed in the @Mrrant Re
demption Fund" more valable,
It is therefore ordere that the
fiscal year of the Emmet Irrigation
District commence the 1stday of 0c-
tober. 1914, and end viii the seth
day of September, 1915 and that
every fiscal year thereafte shall COM
mence on the 1st day ofOctober of
each year and end with he 3Oth of
September of the f6lowiB year, and
that the maintenance assessment
levied by the board Of directors of the
Emmett Irrigation Ristrit for the
year 1915 and Annually there
after, until the warrant redemption
list. as hereinafter provided. shall
have been paid, shall be Fvided into
two funds. one to be knswn as the
aMaintenance Fund" ,ad the other
=, s.x1-.,.,.,,,+ paJa,,,,,+,Ao 4 .,
1t is further ordered Hat all war
rants issued by the Ernett Irriea-
tion District prior to Octter /. 1914
be placed in said warrant redemption
LIST. and that the board asU at the
regular time for levyiue the main
tenance assessment, provse that moi
less than 20 per cent Of he amount
levied for maintenance sail he an.
nlied to the Warrant Rede,tstion funC
to retire the warrants in ssi Warrant
Redemption list until sua time as
said list shall have been paid. anc
all TIE credits of the distrit and al
assessments which have ben made
for the Maintenance fund prior te
the wear lSl4 Siidii oS SNei to thai
mart of the Maintenance fun knowr
q, the Warrant Redemption fund r.
retire warrants in said warrant re.
demption list, and all warrant issnee
for anv fiscal year which hive moi
been paid before the end of TIT 6sca
wear shall revert to said Warr,nt Re
damption fund. and all mone-s anc
credits of the district for any fsca
yaar shall revert to the diyison 81
fbe maintenance fund known Is th,
warrant Redemption fund. to b, uset
IN retiring warrants in the wsrrant
redemption list.
And it further appearing thai tn,
En,mett Irrigation district did Of III,
1eth dav of August, 1914, levy al as
easement for the purpose of opernine
tha works of the Emmett lrrigato,
district,
-.ssment as paid in shall be divide
y Allows: Eighty-fve per cent to ~
nsiutenance :, fund and 10 Per cent {