The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1916-10-27
CHAPTER 9.
FINANCES AND TAXATION.

FINANCES AND TAXATION
SECTION 6s. THE FISCAL YEAR. The fiscal year Of
the City shall upon the Tuesday after the first
Monday IN January Of each year no IN I'D
CREDIT LOANED. No bonds of the City shall be issued
except provided herein shall the City loans its credit
become stock holder make contributions donations
vided
SECTION TO- MONEY HOW PAID OUT CITY Or
DERS All moneys belonging to the City except other
provided for in this Charter shall be paid out by
rant duly authorized by the City Council which warrant shall
be signed by the Mayor and contersigned by the City
Clerk Every order drawn upon Treasurer shall desg
the purpose for which is drawn and the fund
which drawn and shall be payable only out of such fund
Provided that in the payment of fees for witnesses
and interpreters and other expenses refundng bail
money monies deposited incident to the prosecu
ton of criminal actions violations OF ordinances actions
In which the State OF Minnesota or the City OF Ely PLAIN
tiff interested and brought before the Municipal Court
of the city, such fees and and bail be
paid out of the proper fund the presentation to the City
Treasurer of order of the Clerk of said Court which
said order shall show the title of the action in which said
fee expense deposit incurred the character of the
service performed and the date thereof which order shall
have thereon the signature and approval of the City At
torney the having authority to the city
in such proceedings
All deposits made fees and other expenses incurred
cdent civil actions and which the city required pay
refund may be paid without the approval of the City At
torney OF an order otherwise similar form
to execution
The said Clerk of Court shall the close of month
deliver to the treasurer complete list Of the orders issued
by him aforesaid, during the preceding month with the
of the to whom issued together with the
amounts and purposes for which issued.
SECTION II. PROPERTY SUBJECT TO TAXATION.
All property in the City of Ely taxable under the laws of
the State shall be subject taxation for the support
the city and the payment Of it's debts liza
btes and the shall be assessed provided for by
law and this charter.
SECTION r. FUNDS OF THE CITY The following
funds shall be maintained in the City Treasury and the Coun
Gil by majority vote of its members may levy annual
tax all taxable property In the City OF Ely for the
support Of such funds and purposes as follows
FIRST: Interest Sinking Fund for which there shall be
levied sufficient provide for the payment Of interest
to become due during the next fiscal all bonds
certificates Of Indebtedness other interest that may
during the said year Out of such fund interest only
shall be paid
SECOND: Sinking Fund to provide for the payment of
bonds and certificates of Indebtedness of the City when due
For the maintenance of this Fund there shall be levied an
sessed valuation of all taxable property of the City This
fund shall be applied only to the principal of bonds
tifcaes of Indebtedness issued by the City.
THIRD: Fire Department Fund to provide for payment
of salaries fire calls supplies apparatus and general
maintenance of the Fire Department.
FOURTH Court and Police Fund, to provide for pay
ment of Police Officers salaries witness fees of prs
custody and for general maintenance of the Court
and Police Departments of the City.
FIFTH Permanent Improvement Fund, for the purpose
of paying the purchase price of all real property and all
rights therein all thereon which the City
shall acquire for its purposes including of city build
ings building and maintenance of side and walks
sewers Streets alleys and roads, bridges and cuvers parks
and public driveways and equipment the payment for
which otherwise provided for of other funds There
shall also be paid into this fund monies received from
sale OF OF the
City, not otherwise provided for under this Charter and
also such amounts as may from time to time be realized
account of this Fund.
SIXTH General Fund to provide for street sprinkling
street lighting health and quarantine stationery and print
ing election expenses official salaries and all other current
and incidental expenses Of and judgments against the city
not otherwise provided for and such other disbursements
may be authorized by the law of the State by this
Charter There shall be paid into this fund all monies
ceved from except when received for specific
and purpose.
SEVENTH: Permanent Improvement Revolving Fund
for the purpose of providing money for paying for
ton of local improvements under the provisions of this Char
ter for which assessments may be levied This Fund shall
receive into it all monies collected from all special
mens levied under this charter for local improvements and
also such amount may be realized from the sale of Bonds
warrants other certificates of Indebtedness authorized
therefore in this Charter
EIGHTH Library and Armory Fund to provide for and
maintain Public Library, reading rooms Armory Audi
forums other public buildings be used social
or civic purposes
NINTH Light and Water Fund provide for the sup
port and maintenance of any plant owned operated by
the City for furnishing to the city its inhabitants water
heat light and Of paying the cost Of the purchase
struction extension operation maintenance and repair
such light, water and heat plants.
Into this fund shall be put and credited all moneys derived
from the sale OF the property acquired for used
nection with utility plant of the city, also the pro-
ceeds of all special levied
connection with such light, water heating plant also
such amounts may be from time to time realized from
the sale OF bonds certificates of Indebtedness issued
account of said plant and also all moneys received the
sale of said plant and water light and heat and
aties and monies derived from water The