HomeMy WebLinkAboutOrdinance - 7065-1975 - Various Funds: $39,000 - 04/10/1975ORDINANCE NOM 7065 FORM L-2 ------
AN APPROPRIATION ORDINANCE
WHEREAS, the City Council of the City of Lubbock finds it is neces-
sary to appropriate certain specific funds out of bond funds for an
approved project;
NOW THEREFORE,
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK:
"' There is hereby 8ppropriated out of the following described bond
fund, to-wit: various funds(see below)
The sum $ 39,000
For the following purpose:Cost incurred in connection with sale of $1,370,000
G.O. Bonds, and $6,400,000 Electric Light and Power System Revenue Bonds, Series
1975, i.e., Financial Advisory Fee, Bond Attorney's fees, preparation and mail-
ing of prospectus, CUSIP numbering cost and bond rating fees. Actual costs to
be pro rated as follows:
General Obligation
Waterworks System
Street Improvements
Parks
Electric
Percent
28 .4%
47.5%
24 ,1%
100.0%
100.0%
Amount
$ 3,890
6,508
3?302
$13,700
$ 25,300
AND IT IS SO ORDERED
Passed by the Council on first reading this 10th day of April
---------· 19 7 5
Passed by the Council on second reading this 24 day of April
19 75
MAYOR
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