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HomeMy WebLinkAbout1974-1642 TRANSFERRING $124,980 FROM 199-FEDERAL SHARED REVENUE FUND TO 331-PARK AND RECREATON CAPITAL FUND FOR 1974. ORDINANCE NO. / /,4/2- AN ORDINANCE transferring the amount of $124,980 from 199- Federal Shared Revenue Fund to 331 -Park and Recreation Capital Fund; and appropriating that amount to Account 331.533.50.65 as a 1974 appropri- ation for 331 -Park and Recreation Capital Fund. 410 WHEREAS, 199- Federal Shared Revenue Fund contains money available for transfer and appropriation as provided by this ordinance, and WHEREAS, the amount of $124,980 must be transferred to and appropriated within 331 -Park and Recreation Capital Fund in order to pay for developing Lions Park and for improvements to other city parks during the current calendar year, and WHEREAS, at the time of the adoption of the 1974 Budget, the amount of the appropriation required for the aforementioned expenditures could not reasonably have been foreseen; and the City Council finds that an emergency exists of the type contemplated by 411 R.C.W. 35.33.091 and that it is in the best interests of the City to make the appropriation herein provided, now, therefore, BE IT ORDAINED BY THE C ITY OF . YAKIMA: Section 1. The amount of. $124,980 is hereby transferred from 199- Federal Shared Revenue Fund to 331 -Park and Recreation Capital Fund. Section 2. As the transfer authorized by Section 1 of this ordinance becomes effective, the amount of $124,980 is hereby appropriated from unappropriated money in 331 -Park and Recreation Capital Fund to Account 331.533.50.65 as a 1974 appropriation for. 331- Park and Recreation Capital Fund. Section 3. The Director of Finance and City Treasurer of the City of Yakima are hereby authorized to make the necessary trans- fer to carry out this ordinance. or— Section 4. 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 40 PASSED BY THE CITY COUNCIL, signed and approved this day of , 1974. Mayor ATTEST: „.` _As C ; Clerk 1 411 -2-