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HomeMy WebLinkAbout1975-1851 TRANSFER $719,000 FROM 199-FEDERAL SHARED REENUE FUND TO 370-BICENTENNIAL PAVILION CONSTRUCTION FUND. ORDINANCE NO. AN ORDINANCE authorizing the transfer of $719,000 from 199-Federal Shared Revenue Fund to 370-Bicentennial Pavilion Construction Fund; and declaring an emergency. WHEREAS, 199-Federal Shared Revenue Fund contains money appropriated therein for transfer •as provided by this ordinance, and WHEREAS, the amount of $719,000 will be required for transfer from time to time from 199-Federal Shared Revenue Fund to 370- Bicentennial Pavilion Construction Fund for acquisition of a bicentennial pavilion convention center, that amount having been previously appropriated within 370-Bicentennial Pavilion Construc- tion Fund in anticipation of this transfer of money to that fund, and WHEREAS, the City Council finds the purposes for which this transfer is to be made are appropriate purposes for expenditures of money in 199-Federal Shared Revenue Fund, and that it is in the best interests of the City to make the transfer authorized by this ordinance, now, therefore, BE IT ORDAINED BY THE CITY OF YAKIMA: Section 1. The amount of $719,000 is hereby authorized to be transferred from 199-Federal Shared Revenue Fund to 370-Bicenten- nial Pavilion Construction Fund, from time to time as necessary, for expenditures from 370-Bicentennial Pavilion Construction Fund in accordance with appropriations previously made for expenditures from 370-Bicentennial Pavilion Construction Fund. Section 2. The Director of Finance and the City Treasurer 411 of the City of Yakima are hereby authorized to make transfers as necessary from time to time to carry out this ordinance. Section 3. 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 C TY COUNCIL, signed and approved this o' F • day of Of ..rd 1975. Mayor ATTEST: I - / C ity perk • • -2-