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HomeMy WebLinkAbout1974-1703 CREATING A TROLLEY OPERATING FUND. ORDINANCE NO. /703 AN ORDINANCE relating to funds and accounts; creating a Trolley Operating Fund and designating its purpose, its source of funding, and providing for expenditures therefrom; enacting Chapter 3.96, and various sec- tions thereof, as a new chapter and as new sections 111 of the City of Yakima Municipal Code; and declaring an emergency. BE IT ORDAINED BY THE CITY OF YAKIMA: Section 1. Chapter 3.96, Trolley Operating Fund, and various sections thereof are hereby enacted as a new chapter and as new sections of the City of Yakima Municipal Code to read as follows: "CHAPTER 3.96 Trolley Operating Fund 3.96.010 Fund Created--Purposes. There is created a a special fund to be known as the Trolley Operating Fund. The money in the fund shall be used to pay for the operation ancrmaintenance of trolley cars and the trolley system of the City. 3.96.020 Source of Funds. Money to be deposited in the Trolley Operating Fund shall be derived from trolley fares, 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. 3.96.030 Expenditures. Expenditures from the Trolley Operating Fund shall be made only for the purposes specified in Section 3.96.010 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 including 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 wel- fare 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 day of !r 1974 • Mayor ATTEST: , City jerk f A • • -2-