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HomeMy WebLinkAbout1960-201 ORDINANCE NO 2 111' AN ORDINANCE appropriating the sum of $3 from the unappropriated moneys in the Current Expense Fund to the $35 G.p. Airport Bond Redemption Fund, and declaring an emergency. WHEREAS, under the terms of the Bond Agreement for the payment of the $35.000.00 G.O. Airport Bonds, it is necessary that funds for the redemption of said bonds be paid annually upon the lst day of January of each year and WHEREAS, at the time of the adoption of the 1960 Budget insuffi- cient funds were appropriated into said fund to take care of the necessary bond redemption, and WHEREAS, an emergency is hereby declared to exist and the City Council finds that it is in the best interests of the people of the City of Yakima to make the appropriation herein provided and that the 40 action contemplated herein is authorized by R,C.W. 35,33,090 now therefore. BE IT ORDAINED BY THE CITY OP YAKIMA: Section 1. That the sum of $3, is hereby appropriated from the unappropriated moneys in the Current Expense Fund to the $35,000.00 G.O. Airport Bond Redemption Fund, Section 2. This ordinance is one to provide for the immediate preservation of the public peace property. health and safety of the people of the City of Yakima. and an emergency is hereby declared to exist and this ordinance shall be in full force and effect immediately upon its passage approval and publication as provided by law and the City Charter, PASSED BY THE CITY COUNCIL. signed and pproved this day of 1 0 December, 1960. 4 4. ATTEST: _