Loading...
HomeMy WebLinkAbout1974-1613 TRANSFERRING $1,600,000 FROM VARIOUS FUNDS TO 341-CITY SHOPS CONSTRUCTION FUND FOR 1974. • ORDINANCE NO. /6/,5 AN ORDINANCE transferring the amount of $1,600,000 from various funds to 341-City Shops Construction Fund and appropriating the amount of $1,600,000 from unappropriated money in 341-City Shops Construction Fund to Account 341.595.00.65 therein as a 1974 appropriation for 341-City Shops Con- • struction Fund. WHEREAS, various funds of the City of Yakima listed below con- tain money appropriated by the 1974 Budget to pay capital expenditures for the construction of a complex of city shops for the City of Yakima, and WHEREAS, the City Shops Construction Fund has been created as a special fund of the City of Yakima for the deposit and disbursement of all money to be spent for capital expenditures for city shops, and it is necessary to transfer to that fund from other various funds the respective amounts of money, totaling $1,600,000, designated for such expenditure and to appropriate that amount within 341-City Shops Con- struction Fund as provided herein; 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 provided, now, therefore, BE IT ORDAINED BY THE CITY OF YAKIMA: Section 1. The transfer of the total amount of $1,600,000 to 341-City •Shops Construction Fund from the following various funds in the following respective amounts is hereby authorized as contemplated by and in accordance with the 1974 Budget: Fund Amount 199-Federal Revenue Sharing Fund $1,200,000 473-Water-Sewer Fund 150,000 • 477-Domestic Water Improvement Fund 742-Irrigation Fund 150,000 100,000 $1,600,000 Section 2. As the transfers authorized by Section 1 above become effective, the amount of $1,600,000 is hereby appropriated from un- appropriated money in 341-City Shops Construction Fund to Account 341.595.00.65 as a 1974 appropriation for 341-City Shops Construction Fund. Section 3. The Director of Finance and City Treasurer of the City of Yakima are hereby authorized to make the necessary transfers to carry out this ordinance. 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. PASSED BY THE CITY COUNCIL, signed and approved thisV o Au 1974. A OO r Mayor ATTEST: City Ctsrk 1111 -2-