The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1916-11-03
CHAPTER 9.
FINANCES AND TAXATION.

CHAPTER 9.
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.
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
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 upon the Treasurer shall desg
nate the purpose for which is drawn and the fund
which drawn and shall be payable only out of such fund
Provided that the payment OF fees for witnesses ur
and interpreters and other expenses refundng bail
money any monies deposited incident to the prosecu
ton OF criminal actions violations of ordinances actions
in which the State of Minnesota the City of Ely plain
tiff interested and brought before the Municipal Court
of the city, such fees and expenses and bail money be
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 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
the having authority the city
in such proceedings.
All deposits fees and other expenses incurred
cdent to civil actions and which the city required to
refund be paid without the approval of the City At
toney presentation OF an order otherwise similar 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 as 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 to taxation for the support of
the city and the payment of it's debts and liza
bities and the shall be assessed provided for by
: SECTION y. 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 the City of Ely for the
support OF such funds and purposes follows
FIRST: Interest Sinking Fund for which there shall be
levied sufficient to provide the payment of interest
to become due during the next fiscal year. upon all bonds
certificates of Indebtedness any other
during the said 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
annual tax of not exceed 10 Mills Dollar of the as
sessed valuation of all taxable property of the City
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 price of all real property and
rights therein and all improvements thereon which the City
shall acquire for its purposes including cost of city build
ings, building and maintenance of side and walks
Streets alleys and roads, bridges and cuver parks
and public drlveways and equipment the payment for
which not otherwise provided for funds There
shall also be paid into this fund monies received from
the sale of improvement of property of
City, not otherwise provided for under this Charter and
also such amounts may from time to time realized on
account of this Fund.
SIXTH General Fund to provide for street sprnkling
street lighting health and quarantine stationery print
ing election expenses official and all other current
and incidental Of and judgments against the city
not otherwise provided for and such other disbursements
may be authorized by the law of the State or 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 OF providing for paying for that
ton OF local improvements under the provisions of this Char
ter for which assessments be levied This Fund shall
receive into all monies collected from all special
men levied under this charter for local improvements and
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 other public buildings to be used for social
civic purposes
NINTH Light and Water Fund to provide for the sup
the City for furnishing the city its inhabitants water
heat light and of paying the cost of the purchase
sructon 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
necton 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
of said plant and also all moneys received the
sale of said plant and water light and heat and
aes and monies derived from assessments The sur