HomeMy WebLinkAbout1975-1835 1975 LIMITED TAX LEVY G.O. BOND REDEMPTION FUND ORDINANCE NO.
AN ORDINANCE ORDINANCE transferring the amount of $16,640.82 from 3:70-
Bicentennial Pavilion Construction Fund to 285-
1975 Limited Tax Levy G.O. Bond Redemption Fund,
and appropriating the amount of $19,982 from un-
appropriated money in 285-1975 Limited Tax Levy
• G.O. Bond Redemption Fund to Account 285.519.62.72
as a 1975 appropriation for 285-1975 Limited Tax
Levy G.O. Bond Redemption Fund.
WHEREAS, 370-Bicentennial Pavilion Construction Fund
contains money available for transfer and appropriation as pro-
vided by this ordinance, and
WHEREAS, the amount of $16,640.82 is required for trans-
fer to and appropriation in 287-1975 Limited Tax Levy G.O. Bond
Redemption Fund in order to pay interest due as of November 1,
1975, on that bond issue, and
WHEREAS, at the time of the adoption of the 1975 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 $16,640.82 is hereby transferred
from 370-Bicentennial Pavilion Construction Fund to 385-1975
Limited Tax Levy G.O. Bond Redemption Fund.
Section 2. As the transfer authorized by Section 1 of this
ordinance becomes effective, the amount of $19,982 is hereby
appropriated from unappropriated money in 285-1975 Limited Tax
Levy G.O. Bond Redemption Fund to Account 285.519.62.72 as a 1975
appropriation for 285-1972 Limited Tax Levy G.O. Bond Redemption
Fund.
Section 3. The Director of Finance and City Treasurer
of the City of Yakima are hereby authorized and directed to
make the necessary transfer to carry out this ordinance.
•
Section 4. This ordinance is one making an appropriation
and shall take effect immediately upon its passage, approval
and publication as provided by law and by the City Charter.
PASSED B THE CITY COUNCIL, signed and approved this
A r
Feh day / 4 0, , , 1975.
6 ,...,
Mayor
ATTEST:
-
. r ,
_ 0
Ci 1,4 Clerk
•
■
•
-2-