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HomeMy WebLinkAbout1971-1315 ORDINANCE NO. /3/4 AN ORDINANCE appropriating the amount of $95,000 in 382 - Cumulative Reserve Fund For Capital Improvements for transfer to 143 -Urban Arterial Fund; transferring that amount to, and appropriating it in, Account 542.10.42, Miscellaneous, of the 1971 appropriation for 143 -Urban Arterial Fund. WHEREAS, 382-Cumulative Reserve Fund For Capital Improvements has or will have unappropriated money in the amount of $95,000 avail- able for appropriation and transfer as provided by this ordinance, and WHEREAS, the amount of $95,000 is required to be appropriated within that fund for transfer to and appropriation in 143 -Urban Arterial Fund to be there segregated and held by the Director of Finance in lieu of filing a supersedes bond to assure payment of any judgments for attorneys' fees in the amount ultimately determined by pending legal action in the case of City of Yakima vs. Haddix and Lovering concerning railroad overcrossings, and WHEREAS, at the time of the adoption of the 1971 budget it could not have reasonably been foreseen that such additional appropria- tion would be required; and the City Council finds that an emergency exists of the type contemplated by R.C.W. 35.33.091 and that it is in the best interests of the City to make the appropriation herein pro- vided, now, therefore, BE IT ORDAINED BY THE CITY OF YAKIMA: Section 1. The amount of $95,000 is hereby appropriated from un- appropriated money in 382 - Cumulative Reserve Fund For Capital Improve- ments to Account 382.585.00.63, Transfers, of that fund for transfer to and appropriation in 143 -Urban Arterial Fund as provided hereinbelow. Section 2. The amount of $95,000, appropriated by Section 1 of this ordinance, is hereby transferred from 382-Cumulative Reserve Fund 411 For Capital Improvements to 143 -Urban Arterial Fund. Section 3. As the transfer authorized by Section 2 of this ordi- nance is made, the $95,000 so transferred is hereby appropriated to Account 143.542.10.42, Miscellaneous, of the 1971 appropriation for 143 -Urban Arterial Fund, to be there segregated and held by the Director of Finance for the purposes aforesaid. Section 4. 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 21st day 41, of June, 1971. 2 ,1 " q 4.‘ Mayor ATTEST: __ Deputy City , lerk • -2-