The Belding banner-news. (Belding, Mich.) 1918-1973, 1919-06-11

Fred Purdy.
Minutes of previous meeting read
and approved
A letter was read from the Amer
lean Surety Company, OF Detroit
Michigan, asking for copy OF the
resolution designating. the depositor-
les for the City funds.
WHEREAS, it is necessary for the
Common ciuncil to designate certain
bank or banks as depository for the
CITY funds for the ensuing fiscal year.
THEREFORE, BE 1T RESOLVED
that the Peoples Savings bank and the
Bedding Savings bank, both of Beldlng
Mich, be and hereby are designated
az the official repositories for the
funds Of the city for the ensuing fis-
cal year ending April 80, 1920, and
that the City treasurer be and hereby
is directed to deposit the funds of the
city in the aforesaid banks in as near
ly equal amounts as is possible and
convenient.
In accordance Herewith the above
resolution was adopted and passed
for the repositories of the city funds.
Motion to that effect was made by
Aid. McCue, seconded by Aid. Shaw
ley. Yeas, Aid. Benedict, Shawley,
Hollenbeck, Purdy and McCue. Yeas
(5). Nays (0).
A letter from the president of the
Bedding Cemetery Association asking
for an appropriation of $4,000 was
read.
Moved by Aid. Hollenbeck, second
ed by Aid. McCue, that they be given
$4,000. Yeas, Aid. Benedict, Shawley,
Hollenbeck, Purdy and McCue. Yeas
(5). Nays CO...
Moved by Aid. Hollenbeck, second
ed by Aid. Shawley, that the over
draft of the Library Fund amounting
to $603.74 be transferred from the
Contingent fund. Yeas, AID. Benedict,
Shawley, Hollenbeck, Purdy and Nc
Cue. Yeas (5). Nays CO...
The annual Appropriation bill for
the fiscal year ending May 1, 1920
was read.
An Ordinance to be known AS the
annual appropriation bill of the city
OF Bedding, Michigan, for the year
One Thousand Nine Hundred and
Nineteen, (1919), appropriating the
several amounts required to defray
the expenditures and liabilities of
the city of Belding for the fiscal
year ending May 1st, 1920, and to be
known as Ordinance Number 149 of
the city of Belding, authorized by
Chapter 20 of the Charter of said
city.
The City of Belding Hereby Or
dams.
Section /
That tax of one cent con on a
dollar be levied upon the assessed
valuation of all the taxable real es-
tate and personal property within the
city of Bedding for the year One
Thousand Nine Hundred and Nine
teen (1919) for the purpose of de-
fraying the general expenses and IL
abilities of the said city Of Bedding
for the said year ending May 1st,
1920, and the revenue so raised by
general taxation shall be apportion-
ed and divided into the respective
funds as hereinafter mentioned.
Section III
In addition to the general tax of
one cent (.01) on a dollar, provided
by Section One of this ordinance. a
tax of three 90 mills on dollar
shall be levied for the year One
Thousand Nine Hundred and Nine
teen (1919) upon the assessed valu-
alton of all the taxable real and per
sonai property within the city of
BeIding for the purpose of providing
the general sinking fund to pay the
FUNDED indebtedness of the city as
authorized by Section Nine (9) of
Chapter 20 Of the Charter.
Section III
In addition to the general tax of one
cent COLON dollar, provided by
Section One % of this ordinance a
tax OF one half of one mill on q dollar
snail be levied for the year One
Thousand Nine Hundred and Nine
teen (1919) upon the assessed valu-
alton OF all taxable real and personal
property within the city of Belding.
Tor the purpose of maintaining the
beiding Public Library which said
sum shall be used for paying salaries
OF librarian and janitor, for fuel.
lights, water and all necessary ex-
penses, also for the purchasing of
books and necessary equipement for
said library.
Section Nv
That Five Thousand dollars ($5,-
OOOl Of the tax so raised, as provided
In Section One ~ Of this ordinance
shall constitute the street light fund
and shall be used in defraying the
expenses and rentals for street light
ing, boulevard lights for the INSTALL
ment Of same and for equipment.
Section v
That Six Thousand ($6,OOO) dol
lara Of the tax so raised as provided
bv 2oction 0no ~ - xL:~ ~-5s--
shall constitute general street fund
and shall be used for the purpose of
dekraying the general expenses Of
grading, crawling, repairing and
cleaning the streets and alleys and
otherwise improving the streets. al
leys, and public grounds of the said
city.
Section vi Il
That Seven Hundred ($700) dol |
lars Of the tax 30 raised as provided
by Section One ~ Of this ordinance
shall constitute Park fund and shall
b used in defraying the expense for