Little Falls herald. [volume] (Little Falls, Morrison County, Minn.) 1889-1950, 1920-04-02

- 80
y. 8 U. y. !.
compliance with tic provisions 81 this;
II Chapter may be enforced ~ proceed
isen Of this City. = ~ '''
! CHAPTER v
City Finances
! INDEBTEDNEss.-ial No money shall
be paid out Of the city Treasury ex-
ssRt for or Of bonds
Aye ana Nay. Vote Of the city coSnci eli
and then only upon orders signed by
the Mayor and countersigned by the
City attached. which orders shall spe-
city the purpose for which they were
drawn: the fund out Of which they are
the order Of the persons in whose favor
they are drawn. No such order on any
fund shall be drawn or issued until
e%sur rs 99 Se cpt ut in the FUND Gtg
pay the same together with all then
outstanding orders Issued against such
fund: and the City Council is hereby
there is sufficient money in the City
Treasury 1,,es ur applicable ica thereto to meet
ing orders issued against such fund.
ANY order. authorization or resolution
for the payment Of money violating any
Void, but the same shall i Constitute .
personal claim against the officer or
against any member of the City Council
body Of the City shall have any power
to contract or create any Indebtedness
or LIABILITY against the city except in
No tire Of h
valid unless the particular fund out Of
Tad n the he's same is to be paid is speci-
CO. When any such order shall have
% TSea paeq qy h OF received by the City
but he Shall immeGatsiy c ss vSe
same and file the same away In his Of
fee keeping the orders drawn upon
e'e e) re s eltY Geunc,l may provide
for the examination from time to time
cancelled bonds. certificates or indebt-
Of the City Treasurer and for their de-
Vouchers thereof as the City Council
ns sse as IS: R R1TGRfS RAISED BY TAXA
T1ON.-There shall be maintained in
the City Treasury tho following funds
CT! may levy an annual tax:
shall be levied a sum sum- sufficient tf for nth" the
the to
and Indebtedness Of the City and out Of
this fund such interest only shall be
q. A Library Fund for the support of
the Public Library into which fund
shall be paid all gifts or devises made
thS sPPRnf f Fun ne dr of ss nurcb.,
or payment when due Of any bonds. Ger
relief Of the poor as may be necessary
BY paying for the board and care of ap-
Plieants, providing transportation to
ssZes fSea anS medcsi
5: 4 Musical 'EE atert.; fa9 asto: Fund
entertainments to the public in public
g A Park. H Piag RsS d' and Recrea-
Ps shs PARKS: ;na %
baths. gymnasium. halls and simiiar;
places Of public recreation, entertain
m me- t, and n a ann for the well-be-
TO this fund shall be paid, ali money
from whatever source received. ineludS
ing gifts and devises. to b used fol
I. A Permanent Improvement Fund
property which the City shall acquire,
PrSvded for out Of other n FUNDS snd for
the payment Of such proportion Of the
cost of local improvements as shall de-
and principal Of Bonds "i issued For the
8: 4 Pubic Utility Fund for,the ac-
and pube
owned or operated by the City, includ-
ing payment Of the interest on any bonds
or other Indebtedness which may be :
paid into this fund all moneys from the
sale of bonds or certificates Of indebt-
edness issued on account Of any utility,
and from the sale Of any property ac-
quired for or used in connection with
any such utility. There shall be paid
chase. constractione e extension "a" opera
ton. maintenance and repair of such
utility. including the interest upon air
other Indebtedness issued Which may be-
q lien upon such utility. Any surplus
in said fund may be used for the pur-
on sn OF se 81
and for the payment Of such bonds or
other Indebtedness upon their maturity:
such af9
8: A Permanent Revolving Fund
which shall not be supported BY taxa
zion. Inere snail De PAID into THIS IunO
moneys received on special assessments
heretofore OF, hereafter levied by the
City for local improvements and also:
the proceeds Of the sale of any bonds:
or certificates of Indebtedness author
lied to be sold and the interest on cash
balances remaining in said fund from
Gil may by resolution determined that
an assessment for local improvements
shall be payable in equal annual INSTALL
ments as provided for in Chapter vi of
this Charter. it may order the issuance.
and sale of extended assessment GER
tificates representing such installments:
of such assessment, in an amount not,
exceeding seventy five per cent (75 p. c. ~
of the total cost of such improvements.
which shall entitle the holder thereof.
to demand and receive from the City
of Little Falls, upon the surrender Of
such certificate to the City Treasurer
on or after the date of payment thereof
the amount of money named to be paid
therein, with the rate of interest stipu-
lated, not however, to exceed six per
cent 6 p CO. per annum to be paid there
on to the due date thereon and not after
such date. Such certificates shall be
issued in such amount. and become
due on such dates as will correspond