The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1915-01-29

otherwise provided for of other funds There shall also
be paid this fund all received from the sale OF
any permanent Improvements property of the City not
otherwise disposed of under this Charter and also such
other amounts as may from time time be realized from
the sale bonds certificates OF indebtedness issued
count OF this fund.
QD A Permanent Improvement Revolving Fund for the
purpose OF providing for paying local improvements
under the provisions of this Charter for which assessments
may levied There shall be paid into this fund all moneys
Charter for all local improvements and all raised by
taxation for such purposes and also such amounts may
be realized from the sale OF bonds warrants certificates
of Indebtedness authorized therefor in this Charter
az General Fund to provide for all current and IN
cdental expenses Of and Judgments against the City not
otherwise provided for and such other disbursements as
may be authorized by law There shall be paid into this
fund all moneys received from any when re-
ceved for specific and purpose and SAID fund may be
used for any lawful purpose
lO At the time making the annual levy, it shall
not be to make specific levy every
und herein provided for and maintained but the City Coun
Gil shall estimate and determine the amounts that shall be
required for all of the several funds and purposes and the
shall be classified and apporoned to the appropriate
fund in budget be made and they tor the purpose
OF brevity in certifying the assessments to the County
Auditor to be entered upon the tax lists levy and certify
such amounts they deem expedlent to the following
funds, Interest and Bond Fund, Fire Department
Fund Municipal Court Fund Park Fund, Permanent I'M
provement Fund Permanent Improvement Revolving tund
and General Fund provided that for the purpose OF pro-
vdng for the expenditures be paid from all OF the other
funds the amount required and so CLASSIFIED and apporoned
and specifically mentioned any resolution making the
annual levy and specifically certified by the City Clerk to
the County Auditor may be added levied and certified
part the General Fund and when collected and paid
by the County Treasurer the City Treasurer the
whole received and applicable to the General Fund
shall be apportoned and distributed the several funds
Guiding the General Fund and in the proportion as the
classified and apportoned to each OF the
several funds the time OF making such estimates CLASH
hcaton and budget and certlhcaton Provided that
nothing herein contained shall prevent the Council from
oanng from the General Fund to aid and help any other
fund such times its judgment public necessity
qures Such loans shall be transferred by resolution OF the
Council and duly certified to the Treasurer and money
shall paid by the Treasurer from the General Fund
of any other fund which transfer be
made until such transfer made of record and certified
Temporary loans may be made from fund another
but shall be repaid in time any warrants, obga-
tons payments that may be payable from the fund from
which the loan is made. Any temporary loan made shall
be by resolution and certified provided for making loans
from the General Fund and money shall be paid out OF
any fund OF the City in contemplation OF transfer until
such transfer made record and cerhed to by the City
Clerk to the City Treasurer.
Warrants Not to Be Paid. When.
Section %. No money shall be paid out on account
of of the City funds by the City Treasurer on
rants certificates of indebtedness other obligations issued
by the City Council unless there money sufficient pay
the to the credit of such fund When warrant
other obligation proper demand presented to the City
Treasurer for payment and payable demand and there
sufficient money the fund upon which it drawn
pay the he shall acknowledge the presentation Of
the and make entry his proper book Of the fact
of the presentation with the number OF the warrant and
shall endorse thereon Not paid for of funds and the
said obligation shall draw interest at the legal rate until
paid and when there is sufficient funds the proper fund
pay the such obligation may be paid and shall be
paid in order of presenent and its endorsement Not
paid for want of funds" The City Treasurer shall when
there any considerable of money accrued any
fund which has outstanding warrants drawn against it that
have been endorsed Not paid for OF funds notify the
holders said the for payment
giving such notice the number of that will be
made Notice may be by mail and may also be by
notice inserted and published in the official paper of the
City notifying the holders of the warrants by
description and numbers present the for payment
and cancellation and state it such warrants pre-
scented within week from the date of such date
of publication that mentioned in the notice
that be presented after the claDSe of the limit will
be paid the order OF their first and endorse
shown the list book of the Treasurer Provided
that outstanding warrants that drawing interest may
be paid any time without such notice when there money
in the fund to pay the Such endorsed warrants
shall take precedence in their
dOrsed Not paid for want of funds until there has
lated the fund sufficient money all such
and the holders have been notified present the for
be presented after which any presented may be
paid when presented.
May Establish Other Funds
Section g. The City Council may its discretion
tabsE any other fund which may consider necessary
establish, and may discontinue the when has
served its purpose and any money that may be to the
credit of such fund shall be paid the general fund
Money How Distributed
Section s8 Moneys CD in the City Treasury at the
time this Charter into effect (2 to be collected
the levied before this Charter goes into effect
shall far practicable be divided among the several
funds hereby established and where ubdiNison is not
practicable shall be kept in the general fund The Coun
eli by resolution shall provide for such sub division in
accordance with the directions herein contained Where
prior the time that this Charter goes into effect
assessment has been levied the of oca
paid into the permanent Improvement revolving fund.-
the said has been Dad shall