HomeMy WebLinkAbout1972-1385 . ORDINANCE NO. /311
AN ORDINANCE appropriating $1,900,000 to various accounts within
331-Park and Recreation Capital Fund, and appropriating
$1,100,000 to various accounts within 332 -Fire Capital
Fund, to authorize expenditures of proceeds from -the
. sale by the City of "Various Purpose General Obligation
Bonds, 1972".
WHEREAS, the City contemplates the sale of its "Various Purpose
General Obligation Bonds, 1972" in the total amount of $3,000,000,
the proceeds of which will be deposited in 331 -Park and Recreation
Capital Fund in the amount of $1,900,000 and in 332 -Fire Capital
Fund in the amount of $1,100,000, and
WHEREAS, it is necessary to appropriate the proceeds from such
bond sale to various accounts within the above mentioned funds to
authorize expenditure of such proceeds for acquiring, constructing
and installing capital improvements for which such bonds are to be
• sold, and
WHEREAS, at the time of the adoption of the 1972 Budget it could
not reasonably have been foreseen that the appropriations provided
herein 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 appropriations herein
provided, now, therefore,
BE IT ORDAINED BY THE CITY OF YAKIMA:
Section 1. The amount of $1,900,000 is hereby appropriated
within 331 - Park and Recreation Capital Fund to the following accounts
in the following respective amounts:
Account Amount
533.10.65 18,315
533.20.65 1,137,535
533.50.65 744,150
Total $1,900,000
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,
Section, 2. The amount of $1,100,000 is hereby appropriated
. .
within 332-Fire'Capital Fund to the following accounts in the
following respective amounts:
Account. Amount
411 522.10.65 10,600
522.20.65 120,000
522.40.65 85,000
522.50.65 • 818,300'.
581.20.71 65,000 .
581.20.72 1,100
Total $1,100,000
Section 3.' •This ordinance is one making an appropriation and
shall take effect immediately upon its passage, approval and publi-
cation as provided by law and by the City Charter,
PASSED BY THE CITY COUNCIL, signed and approved this 14th day
of February,' 1972.
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