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HomeMy WebLinkAbout1976-1888 PURPOSES FOR EXPENDITURES FROM THE BICENTENNIAL PAVILION PARKING FUND. ORDINANCE NO. 4 AN ORDINANCE relating to funds and accounts; specifying purposes for expenditures from the Bicentennial Pavilion Parking Fund of the City of Yakima; and amending Subsection 3.93.050 C of the City of Yakima Munici- pal Code. 410 BE IT ORDAINED BY THE CITY OF YAKIMA: Section 1. Subsection 3.93.050 C of the City of Yakima Municipal Code is-hereby amended to read as follows: "3.93.050 Bicentennial Pavilion Parking. Fund. C. purposes--Expenditures. Expenditures from the Bicentennial Pavilion Parking Fund shall be made only for the purposes of acquiring, constructing, operating or maintaining parking lots and related facilities to serve the convention center facilities to be paid from the Bicentennial Pavilion Construc- tion Fund created by Section 3.93.040 of this chapter, and to pay or secure the payment of all or any portion of general obligation bonds or revenue bonds issued for such purposes. .No expenditure shall be made from such fund unless the 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 appro- priation for such purpose in the budget." Section 2. This ordinance shall be in full force and effect thirty days after its passage, approval and publication as provided by law and by the City Charter. PA D BY THE CITY COUNCIL, signed and approved this day • dej-,_ 1976. / 4:!:( Mayor ATTEST: O - ' Lot 41Or C' Clerk /