The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1915-02-19

QO) A Permanent Improvement Fund for the purpose
of paying the of all real property and all rights therein
and all improvements thereon, which the City shall acquire
for various purposes and the payment for which
otherwise provided for other funds There shall also
be paid into tins fund all moneys received from the sale OF
Improvements property of the City
otherwise disposed of under this Charter and also such
other may from time to time be realized from
the sale of bonds certificates of indebtedness issued
count of this fund
QD A Permanent Improvement Revolving Fund for the
purpose of providing money for paying local improvements
under provisions of this Charter for which
be levied There shall be paid into this fund all
received from all special assessments levied under this
Charter for all local improvements and all moneys raised by
taxation for such purposes and also such amounts
be realized from the sale of bonds warrants certificates
of Indebtedness authorized therefor in this Charter
az A General Fund provide for all and in
cdenta expenses Of and judgments against the City not
otherwise provided for and such other
may be authorized by law There shall be paid into this
fund all moneys received from any when
ceved for specific and purpose and said fund be
used for any lawful purpose.
Q3) At the time of making the annual levy, it shall
not be necessary make specific levy for each and
fund herein provided for and maintained but City Cou
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 apportoned to the appropriate
fund in budget to be made and they for the purpose
of brevity certifying the assessments the County
Auditor to be entered upon the tax lists levy and certify
funds viz: Interest and Bond Fund, Fire Department
Fund, Municipal Court Fund, Park Fund Permanent I'm
provement Fund Permanent Improvement Revolving Fund
and General Fund provided that for the purpose OF
vdng for the expenditures to be paid from all OF the other
funds the required and classified and apportoned
and not specifically mentioned in any resolution making the
annual levy and specifically certified by the City Clerk
the County Auditor may be added to- levied and certified
of the General Fund and when collected and paid
by the County Treasurer the City Treasurer the
whole amount received and applicable to the General Fund
shall be apportoned and distributed the several funds in
Guiding the General Fund and in the proportion the
classified and apportioned each of the
several funds at the time of making such estimates CLASH
eson and budget and ss Provided that
oanng from the General Fund aid and help any other
fund at such times in its judgment public necessity
ques Such loans shall be transferred by resolution of the
Council and duly certified the Treasurer and money
shall be paid by the Treasurer from the General Fund
on account of any other fund to which transfer is to be
made until such transfer made of record and certified
Temporary loans may be made from fund another
but shall be repaid in time to meet warrants obga
tons payments that 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 of record and certified to by the City
Clerk to the City Treasurer.
Warrants Not to Be Paid When
Section o. No money shall be paid out on account
of of the City funds by the City Treasurer any
certificates of indebtedness other obligations issued
by the City Council unless there money sufficient
the to the credit of such fund When warrant,
other obligation proper demand presented the City
Treasurer for and payable demand and there
is not sufficient money in the fund upon which it is drawn
pay the he shall acknowledge the presentation Of
the same and make entry in his proper book OF the TACT
of the presentation with the number of the and
shall endorse thereon Not paid for want of funds and the
said obligation shall draw interest the legal until
paid, and when there is sufficient funds the proper fund
pay the same such obligation be paid and shall be
paid in the order of and its endorsement Not
paid for want of funds" The CITY Treasurer shall when
there any considerable of money accrued in
fund which has outstanding drawn against that
have been endorsed Not paid for want OF funds notify the
holders of said present 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 by
description and numbers to the for payment
and cancellation and state if such pre-
scented within week from the date of such notice
of publication that any warrant not mentioned in the notice
that may be presented after the elapse of the time limit will
be paid i'll the order of their first presentmen and endorse
ment shown the list book of the Treasurer Provided
be paid time without such notice when there money
in the fund to pay the Such endorsed warrants
shall take precedence in their payment
dorsed Not paid for of funds until there has
lated the fund sufficient money pay all such
and the holders have been notified present the
payment and the time has elapsed within which they
be presented after which presented may
paid when presented.
May Establish Other Funds
Section g. The City Council may at its discretion
tablisk any other fund which may consider necessary
to establish, and may discontinue the when it has
served its purpose and any money that may be the
credit of such fund shall be paid into the general fund
Money. How Distributed.
Section IS. Moneys CD in the City Treasury the
time this Charter goes into effect (2 to be collected
from the levied before this Charter goes into effect
shall far practicable be divided among the several
funds hereby established where subdivision is not
eli by resolution shall provide for such subdivision in
accordance with the directions herein contained Where