HomeMy WebLinkAbout1961-254 lrOMIO v o. 19.
ORDINANCE NO
0
AN ORDINANCE creating the Arterial Street Fund of the City of Yakima-,
WHEREAS, Chapter 7, Laws of 1961 Extraordinary Session provides
for a 1/2 cent additional fuel tax to be allocated to cities and towns
upon the matching by such cities or towns of at least 25% of the cot
of approved projects constructed under the provisions of said Chapter,
and
WHEREAS, it is necessary in connection therewith to creat a new
fund within the City of Yakima to be known as the "Arterial Street Fund and the City Council finds that it is in the best interests of the City
to create such a fund, now, therefore,
BE IT ORDAINED BY THE CITY OF YAKIMA:
Section 1. There is hereby created within the City of Yakima a new
fund to be known as the "Arterial Street Fund",
41 / Section 2. All moneys received from the State of Washington undc
the provisions of Chapter 7, Laws of 1961 Extraordinary Se,sion„ shall
be placed in said Arterial Street Fund, together with all funds to be
contributed by the City of Yakima as matching funds.
§22112n_2. All moneys placed in said Arterial Street Fund from the
several sources shall be expended only upon approved projects and in
4,4 100-since .w2!th, the' Prions of said Chapter 7, Laws of 1961 Extra-
5 e
c shall be in full force and effect 30
days Ofverite'fipassage, approval and publication as provided by
law and by the City Charter.
PASSED BY THE CITY COUNCIL, signed and approved this 10 day of
40 June, 1961.
/ 4 ATTEST: 1, -/
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