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HomeMy WebLinkAbout1973-1588 TRANSFERRING $7,500 FROM 462-TRANSIT FUND TO 362-TROLLEY FUND FOR 1973. ORDINANCE NO. /5R8 AN ORDINANCE transferring the amount of $7,500 from 462 - Transit Fund to 362- Trolley Fund, and appropriating that amount as a 1973 appropriation for 362- Trolley Fund. WHEREAS, 462 - Transit Fund contains an amount of $7,500 available for transfer as provided by this ordinance, and WHEREAS; the amount of $7,500 must be transferred from 462 - Transit Fund to 362 - Trolley Fund and appropriated therein to pay a portion of costs contemplated for acquiring, shipping and refurbishing trolley cars to run on Yakima Valley Transportation Company railroad • lines, and WHEREAS, at the time of the adoption of the 1973 Budget it could not reasonably have been foreseen that such additional appropriation 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 provided, now, therefore, BE IT ORDAINED BY THE CITY OF YAKIMA: Section 1. The amount of $7,500 is hereby transferred from 462 - Transit Fund to 362 - Trolley Fund for appropriation therein as provided by Section 2 of this ordinance. Section 2. As the transfer authorized by Section 1 of this ordinance becomes effective, the amount of $7,500 is hereby appropriated from unappropriated money in 362- Trolley Fund to Account 362.546.23.64 as a 1973 appropriation for 362 - Trolley 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 publica- tion as provided by law and by the City Charter. PASSED BY THE CITY COUNCIL, signed and approved this ,2edday of Arco *4.,1 rr , , 1973 . . f AO {. 0 . ., Mayor t° i y r ATTEST e ,'� t i' ty Cler. • 0 f -2-