95-47Councilmember Black introduced the following resolution and moved its adoption:
RESOLUTION NO. 95-47
RESOLUTION ADOPTING THE 19% WATER FUND BUDGET
NOW, THEREFORE, BE IT RESOLVED by the Otsego City Council that the
appropriations budgeted for the Water Fund for the calendar year 1996 shall be:
Debt Service $ 28,200
Utilities 900
Repair & Maintenance 5,500
Miscellaneous Engineering 1.000
Total Expenditures $ 35,600
BE IT FURTHER RESOLVED by the Otsego City Council that the source of
financing the sums appropriated shall be:
Property Taxes $ 15,000
Charges for Service 1,155
Total Revenues $ 16,155
The motion for the adoption of the foregoing resolution was duly seconded by
Councilmember Heidner and upon vote being taken thereon, the following voted in favor
thereof: Mayor Freske, Councilmembers Heidner, Black, and Ackerman, and the
following voted against the same: none, whereupon said resolution was passed this 27th
day of December 1995.
oa arm"04L
Norman F. Freske, Mayor
ATTEST:
E nine Beatty, City Clerk/Zonin drain.