The Leavenworth echo. [volume] (Leavenworth, Wash.) 1904-current, 1920-07-16
ORDINANCE NO. 1876.

extension fund providing for the
transfer to said fund of
seventy per cent (7O9s)
of the money received or to be receiv-
ed by the City of Leavenworth, from
the sale of water, for the payment of
all warrants drawn on said fund, and
repeating Ordinance No. 1879. and all
other Ordinances or parts of Ordi-
nances in conflict herewith.
THE CITY COUNCIL OF THE
CITY OF LEAVENWORTH DO OR
DAM AS FOLLOWS:
Section |.
That there be and is hereby crcatcl
a fund to be known as the water
Extension Fund"
Section 2.
That all warrants issued by the
City of Leavenworth to pay for ex-
tending water mains, the erection
and construction of stand pipes, the
purchase of the ground upon which
to erect the same, and for the pur-
chase of all bcttermcnts of the water
system, and for the payment of the
expense of all extensions, shall be
drawn on the Water Extension Fund.
Section 3.
That there shall be transferred
monthly to the SAID Water Extension
Fund, seventy per cent (709t) of the
money received by the City of Lcav-
enworth from the sale of water in
said City, which money shall be is
sued only to redeem warrants issued
on said fund for the uses and pur-
poses as in Section two (2) of this
Ordinance provided.
Section 4.
That upon the issuance of any
warrant on said fund, the same shall
be presented to the City Treasurer
for payment, but if there is then not
sufficient money in said fund to pay
said warrant and all other warrants
outstanding against said fund, he
must endorse on said warrant: "Not
paid for want of funds" the date of
his enorsement, and his signature.
That from and after the date of such
endorsements the said warrant shall
bear interest at the rate of eight per
cent (8@S) per annum until paid. The
City Treasurer shall also stamp on
the back of said warrants the time
that said warrants may probably be
paid, which statement will be based
on the monthly income from the
City's water system.
Section 5.
All warrants issued on said fund
shall be paid in order of their date
of presentation to the treasurer for
payment land if not paid for want of
funds, when thereafter there is suf-
ficient money in said fund to pay any
warrant or warrants, the City Treas
urer shall give notice thereof in the
official paper of the City by one pub
LEGATION calling in any such warrant
or warrants as there is money to
pay, which warrant or warrants shall
be specified by number and after
said publication all interest on said
warrant or warrants shall cease.
Section 6.
The warrants to be drawn against
said Water Extension Fund shall be
substantially in the following form,
tO-wit:
"Leavcnworth, Wash, .......19.
No......................
S-..-.-.-.......-.-.-..
CITY OF LEAVENWORTH,
To the TREASURER OF SAID
CITY:
Pay to the order of............................
NEUTRALITY-SUSPICIOUS.. DOLLARS
out of the Water Extension Fund
not otherwise appropriated.
This warrant is issued by order of
the City Council made on the.
day of ............................. ID,
and is in payment of Claim.
This warrant shall draw interest
at the rate of S9s per annum from
and after the time the same is pre-
sented to the Treasurer of said City,
and endorsed by said City Treasurer,
as not paid for want of funds"
Section 7.
Ordinance No. 1922 and all other
Ordinances or parts of Ordinances in
conflict herewith are hereby re-
pealed.
Section 5.
This Ordinance shall be in full
force and effect when it shall have
been passed by the City Council of
the City of Leavenworth; approved
and signed by the Mayor; attested by
the Clerk; approved by the City At
torney; and from and after five days
from the date of its publication once
in the Leavenworth Echo, a news
paper of general circulation printed
and published within the City of
Leavenworth, and the Clerk is here
by directed to cause the same to be
published
First reading, 22nd day of June,
1920.
Passed by City Council this 18th
day of July, 1920.
Approved and signed by the May
or this 18th day of July, 1920.
F. Il. MOTTELER,
Mayor of the City of Lcavcnworth
Attest:
f. G. GOWING,
City Clerk
Approved:
HERMAN HOWE,