The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1916-10-20
CHAPTER 8.
FINANCES AND TAXATION.

SECTION g. THE FISCAL YEAR. The fiscal year of
the City shall upon the Tuesday after the first
Monday In January of each year.
SECTION &c. DEBT NOT TO BE INCREASED OR
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
to any person. company or corporation except as herein pro-
vided
SECTION TO- MONEY. HOW PAID OUT CITY Or
DERS All moneys belonging to the City except other
wise 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 countersigned by the City
Clerk Every order drawn the Treasurer shall desg
the purpose for which is drawn and the fund upon
which drawn and shall be payable only out of such fund
Provided that in the payment OF fees for witnesses Jur
and interpreters and other expenses refundng bail
money any monies deposited incident to the prosecu
ton OF criminal actions violations OF ordinances or actions
in which the State of Minnesota the City of Ety. plain
tiff interested and brought before the Municipal Court
of city, expenses and bail money may
paid of the proper fund the presentation 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 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
torne the having authority to the city
in such proceedings.
All deposits fees other expenses incurred
ciden civil actions and which the city required pay
refund may be paid without the approval Of the City At
torney presentation OF order otherwise similar in form
to execution.
The said Clerk of Court shall at the close of each 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 of
the city and the payment of it's debts and liza
bties and the same shall be assessed provided for by
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
upon all taxable property in the City of Ely the
support Of such funds and purposes follows:
FIRST: Interest Sinking Fund for which there shall be
levied sufficient to provide for the payment of interest
To luo1 ,,o1loo
certificates of Indebtedness other interest that
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 City DUE
For the maintenance of this Fund there shall be levied
annual tax OF not to exceed 10 Mills Dollar of the
sessed valuation of all taxable property of the City This
fund shall be applied only to the principal of bonds
tifcates 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
in 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 of all real property and all
rights therein and all improvements thereon which the City
shall acquire for purposes including cost of city build
ngs, building and maintenance of side and walks
Streets alleys and roads, bridges and cuvers parks
and public drveways and equipment the payment for
which not otherwise provided for of other funds There
shall also be paid into this fund all received from
the sale of any improvement of property of the
Charter,
also such amounts 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 Of and judgments against the city
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 source except when received for specific
and purpose
SEVENTH: Permanent Improvement Revolving Fund
for the purpose OF providing money for paying for that
ton of local improvements under the provisions of this Char
for which may be levied This Fund shall
receive into all monies collected from all special
ments levied under this charter for local improvements
also such amount 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 any other public buildings be used for social
civic purposes.
NINTH: Light and Water Fund to provide for the sup
port and maintenance of plant owned operated by
the City for furnishing to the city its inhabitants water
heat light and of paying the cost of the purchase
strucon extension operation maintenance and repair of
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
necon with any utility plant of the city; also the pro-
ceeds OF all special assessments levied of or
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
of said plant and also all moneys received the
sale Of said plant and water light and heat and
aes and monies derived from water The