HomeMy WebLinkAbout1966-835 ORDINANCE NO. 7
AN ORDINANCE creating a special fund to be known as the Transit Fund;
specifying the purpose of such fund; specifying the
sources of revenue for such fund; specifying expenditures
to be made from such fund; adding Chapter 3.68, "Transit
Fund", as a new chapter to the City of Yakima Municipal
Code; and declaring an emergency.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF YAKIMA:
Section 1. There is hereby added Chapter 3.68 as a new chapter
41 the City of Yakima Municipal Code to follow existing Chapter 3.66
thereof, which new chapter shall be numbered and entitled as follows,
and shall contain several sections, numbered, titled and providing
as follows:
"Chapter 3.68
TRANSIT FUND
Sections:
3.68.010 Fund Created Purpose.
3.68.020 Source of Funds.
3.68.030 Expenditures
3.68.010 FUND CREATED -- PURPOSE. There is hereby
created a special fund to be known as the Transit Fund.
The money in said fund shall be used to pay expenses of
maintenance and operation, including salaries, and capital
needs of the public bus transportation system operated by
• the City of Yakima.
3.68.020 SOURCE OF FUNDS. All money derived from the
housing unit transit subsidy tax and all revenue obtained
from operating the public bus transportation system of the
City shall be placed into said Transit Fund. Additional
money may be placed into said fund, from time to time, by
the Yakima City Council pursuant to and in accordance with
applicable laws.
3.68.030 EXPENDITURES. Expenditures from the Transit
Fund shall be made only for the purposes specified in Sec-
tion 3.68.010 of the City of Yakima Municipal Code. No
expenditure shall be made from such fund unless the Yakima
City Council shall approve such expenditure by passing an
Ordinance appropriating money within the fund for the pur-
pose for which the expenditure is to be made, or by includ-
ing an appropriation for such purpose in the budget."
Secticn_2. This Ordinance is one to provide for the immediate,
preservation of the public peace, property, health, safety and welfare
0 of the people of the City of Yakima and an emergency is hereby de-
clared to exist and this Ordinance shall be in full force and effect
immediately upon its passage, approval and publication as provided by
law and by the City Charter.
PASSED BY THE CITY COUNCIL, signe. and approved this 26th day of
September, 1966. • 40"
2 /7
ATTEST:
Mayor
City Clerk