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108 - Resolution - Renew and Rebuild Sidewalk on Cline StreetRESOLUTION Be it resolved by the Council of the Town of Port Orchard, Washington. 1. That it is the intention of the Town Council to renew and rebuild the sidewalk on the west side of Cline street, abutting on and in front of lot 7, block 3, original Town of Sidney, and on the south side of West Bay street, west from Cline street to Pot- tery bridge, abutting on and in front i of lots 1, 2, 3, 4, 5 and 6, block 2. Original Town of Sidney. 2. That the cost of said renewal and rebuilding of said sidewalks shall be assessed against the property es- pecially benefitted by the said im- provement 3. That all persons who may de- sire to object to the said proposed im- provement are hereby notified to ap- pear and present their objecTions to the Town Council at their regular meet- ing to be, held on the 21st day of March, 1921 .at 8 p. m. Passed by the Town Council this 21st day of February, 1921• C. A. HANKS, Mayor. Town of Port Orchard. Attest: FRANCIS M. APPI.EGATE, Clerk. Town of Port Orchard. do 0 GENERAL SLT MINARY OF FINANCES OF TOWN OF PORT ORCHARD, DECEMBER 31, 1920 Assessed valuation, 1920 taxes payable 1'21 .............$226,949.00 Tax extended .............. 4,766.25 Limit of indebtedness, if au- thorized by vote, 10 per cent .... 22,694.90 GENERAL INDEBTEDNESS Liabilities Refunding bonds 1893, Sid ney Improvemnt ..........$5,700.00 Warrants against general fund outstanding ........ 6,525,47 Accounts payable ........... 346.75 Aseeta $12,572.22 Cash on hand . $ 50.49 Sinking fund 915.16 Indebtedness (sinking fund) 1,974.56 Interest ... .. ... 749.06 Due, Cline St. local improve- ment district ............. 1.078.42 Taxes due and aapafd ..... 1,147.35 To balance ................ 6,757.27 $12,572.22 This deficit is being reduced each year by sinking fund. WATER FUND, January 1, 1921 Liabilities Bonds .................... $2,000.00 Sarrants outstanding ...... 3,853.16 Accounts payable ...... 172.90 $6,026.06 Assets Cash on hand .............. $13.6.21 Sinking fund ............... 196.94 Water rent ................. 510.00 $823.15 Liabilities over assets ..$5,202.91 Indebtedness is each year being re- duced by 25 per cent gross water re- ceipts, $875 per year. Estimated from water fund, 1921 ..... _ $3,500.00 ' Estimated Expenses 125 per cent written off in I in sinking fund .......... $875.00 Marshal's salary, payable ..... from fund ab900.00 Clerk's salary, payle from fund ....................... 480.00 Electric power ............... 800.04 Repairs, supplies, etc. ........ 445.00 $3,500.0-3 ESTIMATE OF RECEIPTS AND EX- PENSES 1921 General Fund Estimate of taxes from 1.920 taxes ...... .... ..........$4,766.25 n Oe half of taxes (see ord. 235) ...................... $2,393.12 Occupation tax ............. 600.00 Dog license ................ 70.00 Other business license ........ 68.00 Fines, police court .......... 75.00 County road and bridge fund 109.50 Interest on deposits .......... 174.84 Rentals .............. ...... 102.00 Available for current ex- pense fund ................$3,582.46 Current Expenses Clerk's salary, $35 per month..$420.0o Marshal's salary, $75 per month 900.00 Treasurer's commission ..... 365.93 Street lights ................ 40000 Industrial insurance ......... 80.00 Bureau of inspection ........ 80 00 Health and venereal disease . 25.00 Street improvements .......... 2n0 00 Incidentals .. 150.09 $2.920.93 To balance .............. Rn01.53 $3-582.46 One-half taxes .............. 2,291,13 Warrant indebtedness fund.. K4'i 13 Interest fund ....... 70000 Sinking fund ................ 1,000.00 $2,383.13