HomeMy WebLinkAbout1968-1011 • •
ORDINANCE NO. ///
AN ORDINANCE transferring the amount of $30,000 from 310-Street Fund,
to 380-City of Yakima Urban Arterial Fund; authorizing
the transfer to 380-City of Yakima Urban Arterial Fund,
and the deposit therein, of $10,000 from unappropriated
money in the Current Expense Fund; and appropriating the
amount of $2,110,736 within, and to be
deposited in, 380-City of Yakima Urban Arterial Fund to
Account-No. 380-950, Construction Expenditures, within
said fund.
WHEREAS, Fund 310-Street Fund, of the City of Yakima, contains
$30,000 currently budgeted for transfer to the Arterial Street Fund
for payment of construction costs for the improvement of 16th Avenue,
which improvement project is approved by the Urban Arterial Board of
the State of Washington and which will be paid for, in part, by Urban
Arterial Funds from the State of Washington, which requires that
payment for said improvement projects be made from 380-City, of Yakima
Urban Arterial Fund, rather than from the Arterial Street Fund, as
originally contemplated, all of which necessitates the transfer of
said $30,000 from 310-Street Fund to 380-City of Yakima Urban Arterial
Fund, as authorized and directed hereinbelow, and
WHEREAS, the Current Expense Fund of the City of Yakima contains
unappropriated money in excess of $10,000, making that amount avail-
able for transfer to and deposit in 380-City of Yakima Urban Arterial
Fund in accordance with, and for purposes mentioned in, Chapter 3.74
of the City of Yakima Municipal Code, and the City Council finds it
to be in the best interests of the City that such transfer and
deposit be made as provided hereinbelow, and
WHEREAS, it is contemplated that additional money will be
deposited into 380-City of Yakima Urban Arterial Fund from time to
time so that it is therefore necessary that all such money in the
total amount of $2,110,736 be appropriated to Account No. 380-950,
Construction Expenditures, as provided hereinbelow, and A
WHEREAS, at the time of the adoption of the 1968 budget, it
could not have been foreseen that the transfers and appropriation
provided for herein would be required, and the City Council finds
that an emergency exists of the type contemplated by R.C.W. 35.33.090
and Chapter 3.74 of the City of Yakima Municipal Code, and that it
is in the best interests of the people of the City of Yakima to make
the transfers and appropriation herein provided, now, therefore,
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF YAKIMA:
Section 1. The amount of $30,000 is hereby transferred from
310-Street Fund of the City of Yakima to 380-City of Yakima Urban
Arterial Fund.
Section 2. The amount of $10,000 is hereby transferred from
0 unappropriated surplus in the Current Expense Fund to 380-City of
Yakima Urban Arterial Fund for deposit therein.
Section 3. As the aforementioned transfers are made, and as
additional money is from time to time hereafter transferred to or
deposited into 380-City of Yakima Urban Arterial Fund, all of such
money in the total amount of $2,110,736 is hereby appropriated to
380-950 Expenditures, of the Capital Outlay Classifica-
tion within 380-City of Yakima Urban Arterial Fund.
Section 4. The Director of Finance of the City of Yakima is
hereby authorized and directed to make the transfers hereby author-
ized, and further to receive and deposit into 380-City of Yakima
Urban Arterial Fund all money contemplated or required by Chapter
3.74 of the City of Yakima Municipal Code to be so deposited.
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Section 5. This Ordinance is one making an appropriation and
shall take effect immediately upon its passage, approval and publica-
tion as provided by law and by the City Charter.
PASSED BY THE CITY COUNCIL, signed and approved this 4th day of
March, 1968.
MayoF
ATTEST:
City Clerk