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HomeMy WebLinkAbout1966-852 ORDINANCE NO. AN ORDINANCE appropriating the amount of $2,500 from unappropriated monies in the Water-Sewer Fund to Accounts 981, Bond Redemption, and 991, Bond Interest, of the Interest and Debt Redemption.classification, in the 1966 appropria- tion for 520, Water-Sewer Fund. WHEREAS, there are unappropriated monies in the Water Sewer Fund of the City of Yakima, and WHEREAS, the amount of $2,500 is required to be appropriated to proper accounts within the Interest and Debt Redemption classification, of the Water-Sewer Fund in order to redeem outstanding Special Water Revenue Bonds No. 696 and 705, issued June 1, 1926, and interest cou- pons no. 33 to 42 inclusive on each said bond, and WHEREAS, at the time of the adoption of the 1966 Budget, it could not have been reasonably forseen that such an additional appro- priation would be required and the City Council finds that an emergen- cy exists of the type contemplated by R.C.W. 35.33.090, and that it is in the best interests of the people of the City of Yakima to make il lthe appropriation herein provided, now, therefore, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF YAKIMA: Section 1. That the amount of $2,000 is hereby appropriated from unappropriated monies in the Water-Sewer Fund, to Account 981, Bond Redemption, of the Interest and Debt Redemption classification, in the 1966 appropriation for 520, Water-Sewer Fund. Section 2. That the amount of $500 is hereby appropriated from unappropriated monies in the Water-Sewer Fund to Account 991, Bond Interest, of the Interest and Debt Redemption classification, in the 1966 appropriation for 520, Water-Sewer Fund. Section 3. This ordinance is one making an appropriation and shall take effect immediately upon its passage, approval and publica- e tion as provided by law and by the City Charter. PASSED BY THE CITY COUNCIL, signed and approved this 28th day of November, 1966. ATTEST: Mayor City Clerk