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HomeMy WebLinkAboutOrdinance 327 ORDINAPICS M. 327 An ordinance to require the Superintendent of the City Tater Plant and the Commissioners of mater the District No. 1 of Fayetteville to turn over to the treasurer of the City of Fayetteville fyettn ille.,en d from the passage of this or : Ark. from the o ordinance., all funds in their possession �s of the CitY IaternPlant to0tty It dtsr Plant and re uird arising urn over to the Treeq ne the Superintendnet Ville all funds arising from the, operation of surer of the City of Fayette. days and oftener, if practicable the City i:ater Plant every 15 other indebtedness of the City later Plantltong that all bills accounts, or in the regular m.vxner provided b law allou2d by the City Council Y before being paid. Be it ordained by the City Council of Fayetteville, Arkansas : Sec. 1. That the Superintendent of the City Fdater Plant and the C sioners of mater Improvement District ' No. 1 of Fayetteville they are hereby °easd City (af F required and directed to turn over to the ° Arkansas be and Fayetteville, Tdthin fifteen da Treasurer of the and publication of this ordinance from and after the passages approval, from the operation of the City Y;atealPlants d `in their possession arising Of the said Treasurer, which receipt the said Stake det shall file with his • nsxt statement to the City Council . uperinten Sac, 2. That the Superintendent of the City Tiater Plant be and he is hereby required and directed to turn over to the Ureasurer of the City of Fayetteville , all funds collected by him or his agent, arising from the opera- tion of the City 6•ater Plant every fifteen days and oftener., if practicable, and to take therefore the receipt of the said Treasurer, which receipt the said Superintendent shall file tirlth his mixt statement to the City Council . Seca 3. That the City Treasurer shall at once deposit all funds so received by him from the said Superintendent in a fund to the known and designated as the }tater Fund., same to be deposited in the City Depository, and to draw the same rate of interest as all other City Funds , Sec. 4. That no bill or account accruing from the operation of the City Fater Plant or other indebtedness nhatsoever, shall be paid unless same is allowed by the City Council, in the manner that all bills and accounts are allowed and paid as provided by existing ordinances . Sec . 5. That the mater Fund hereby created shall at all times be kept separate and distinct from all other City funds in the hands Treasurer, of the City and that no warrant shall be drawn against same a of t to Pay tee indebtedness of the City water Plant by the Auditing Commitexc and ordered allowted.paid by � City Council in the same manner as arty other bill or account is Sec . 6. That this ordinance be in forge and effect from, coasssa et herewithep and publication, 'and all ordinances and after its or parts thereof in and the same are hereby repealed. Passed and approved this 13th day of .February, 1914 , MiCKOFILMED DATEOCT a 18)8 REEL.J2,��