HomeMy WebLinkAbout1973-1586 CREATING A TROLLEY FUND; ENACTING CHAPTER 3.95, “TROLLEY FUND”. ORDINANCE NO. /5(M;
AN ORDINANCE relating to Funds and Accounts; creating a Trolley
Fund as a special fund and designating its purpose,
sources of funding and means of expenditure therefrom;
enacting Chapter 3.95, "Trolley Fund", and its various
sections as a new chapter and sections of the City of
Yakima Municipal Code; and declaring an emergency.
BE IT ORDAINED BY THE CITY OF YAKIMA:
Section 1. Chapter 3.95, "Trolley Fund", and its various sec-
tions set out hereinbelow are hereby enacted as a new chapter and
new sections of the City of Yakima Municipal Code to read as follows:
"Chapter 3.95
Trolley Fund
3.95.010 Fund Created--Purposes. There is hereby created
a special fund to be known as the Trolley Fund. The money in
the fund shall be used to pay for the acquisition, delivery
and refurbishing of trolley cars for use by the City on Yakima
Valley Transportation Company railroad lines.
3.95.020 Source of Funds. Money to be deposited in the
Trolley Fund shall be derived from contributions and grants
to the City from private persons and government entities, from
allocations and transfers of money to such fund made by the
Yakima City Council, and from such other sources as may be
designated from time to time by the Yakima City Council.
3.95.030 Expenditures. Expenditures from the Trolley. Fund
shall be made only for the purposes specified in Section 3.95.010
of this chapter. No expenditure shall be made from such fund
unless the Yakima City Council shall approve such expenditure
by passing an ordinance appropriating money within the fund for
the purpose for which the expenditure is to be made, or by inclu'd-
ing an appropriation for such purpose in the budget."
Section 2. This ordinance is one to provide for the immediate
preservation of the public peace, property, health, safety and welfare
of the people of the City of Yakima and an emergency is hereby declared
to exist and this ordinance shall be in full force and effect
immediately upon its passage, approval and publication as provided
by law and by the City Charter.
PASSED BY THE CITY COUNCIL, signed and approved this /9iday of
AO II 1 1973
Alle A: 41°.
16 Tow
Mayor
ATTEST: fl
—= % 414 1/ 1 diAllmiA6+70
C 'y Clerk /