The weekly Iberian. (New Iberia, La.) 1894-1946, 1921-10-22

|
bursements made from all funds in
discriminatory.
The worst sufferer in consequence
of this procedure was the fund for
building sidewalks. The actual cash
on hand at June 27, 1921, was SIS,
500 GO, whereas the auditors recon
| element shows there should be $48.
| 374. SO. And it must be stated that
not one cent was spent for construct
ing sidewalks.
~ The cash balance remaining
| in the Main Street Repair Fund was
| $2,269 "a and the balance after au
ditor's reconcilement $2,724 "a. This
amount should be transferred to the
Dollar Front Foot Fund. The Dollar
| Front Foot Fund is a portion of the
| $75 900 90 Road and Street Improve
ment Fund, and it is used for the
purpose of reimbursing property
owners on certain streets for the
City's share of the paving costs. The
reason for the transfer recommended
is that gravel and freight amounting
to S., 533 AZ was paid out of the Road
and Street Improvement Fund and
used in the repair of Main Street
dlttT l1e CdT LIdchS were lcHioN'N'
| (g) The following payments were
made in error from the fund for paw
ing Main Street and Il. r. Avenue
The checks should have been drawn
on the fund for Paving Duperier
Iberia and Center Streets. These two
funds were from the proceeds OF
separate and distinct bond sales. The
effect of this error was to deplete the
Main Street and r. r. Avenue paw
ing Fund and as a consequence the
final payments to the contractor for
Main Street and R. R. Avenue paw
ing had to be made from the sidewalk
fund.
Paid Southern Roads Co..
for estimate No. A. 81 1878 IA
Paid McCrary Engineering
Company ............... Glb. ~
Total. .......... SS.O9O IT
I (h) The cash balance in the
fund for paving Iberia, Duperier anC
Center Streets was 500, 564 rs. Ever
after all adjustments were made
there was only balance of $32,225.
I01. From the balance in this fun,
the Trustees contemplated paying
for the following contracts-or sucl
contracts which would be let in place
: of those which were cancelled. The
effect would be the same no matter
what the let price would be as thes.
were the amounts assessed againS
the property holders. Any differenc,
in new contracts must either be paiy
by property holders or refunded them
Sec. 90: Duperier Avenue
| from Sta 1876 to City
limits ................$ 15, 1872 8.
Sec. 18: Center Street from
Main to Madison. ...... 1905. a
: Sec. 10: Center from Madi-
son to City limits. $50. 2l,700. L
Total to be expended from
u balance in fund. .... $49, 1893. q
| called attention to this discrep
. ancy in the fund in verbal repor
to the Trustees as the question o
paving Center Street was being dis
cussed. If contract had been let AM
work begun which might exhaust thu
:. cash balance which was approximate
ly $4,000 90 short of the correc
sum, a situation might arise which
would lead to law suit agains
the City. Bonds were being held il
: the safe amounting to $19,49S. 81
! from this bond issue. 1t is my under
standing that no arrangement hal
! been made to sell the bonds SO tn,
: tax payers might be saved the burd
en- Of paying for them. This reason
ing was not correct and / advises
!, that arrangements be made to dis
= pose of the remaining bonds befor'
any more contracts were let, for aft
a, err paying for paving on Duperier an
! RENTING the excess TO the propert,
I. holders on that street, there woul'
remain only $17,042 10 to pay TO
! contemplated expenditures of $34,
tbs. 81 on Center Street.
II (D An amount Of $15,511 .06 wa
, expended from the $4,000 90 Spe
cial Road and Street improvement
= Fund for the purpose of extending
sewerage and water connection OIL
Iberia, Center and Main Streets. Il
+ the call for election on this bond is
: sue Of $4,000. 90 there is no mention
!, concerning the purpose of extendin,
! sewerage and water connections.
Cd A sum $4,939 rs was expend
|. ed from the $4,000. 90 Street I'm
!, provement Fund for the purpose o
connecting water taps for propert,
holders. OF this sum $500 90 wa
!, set aside in what was called the Spe
: cial Water Connection Fund. Thi
= fund was to be used to pay for tn
!, water connections costs, certain part
!, of which would be repaid by proper
ty holders. This money was never re
: turned to the Street improvement
Fund. noted file Of what appear
u ed to be unpaid bills in the office ant
. made list thereof. This list is mad
! a part of this report and totals 81,
= lac. 05.
/ (k) A fund entitled Interest OF
4 Street Paving Bond Fund" was no
: carried on the City's books. The casl
f balance amounts to 1892 .O3. Sundr.
: tax collections made for this fun
IL were not deposited therein. The a
r mounts are shown under Discrepan
' cies in the tax collections below. Tn
{ receipts for the fund mentioned il
t this paragraph were from Interes
r and Street Paving installments pai'
: by property owners.
ell Cd The total amount refunded t.
: abutting property holders on accoun
e Of the City's portion of the pavinl
!. cost is as follows: (See Schedule XI
page q
Main St.-Bitulithic at s1.OO
ell foot ................. 50, ZIG W
Duperier Avenue-Bitulithic
/ a $1.0O foot. ..... 4,OO1 81
j, Duperier Avenue-Concrete