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HomeMy WebLinkAbout1977-2123 CREATING THE YAKIMA WASTEWATER FACILITIES PROJECT FUND. ORDINANCE NO. 1,23 AN ORDINANCE creating the Yakima Wastewater Facilities Project Fund as a special fund; specifying the purposes of such fund and designating the source of money there- for; enacting. Chapter 3.64, "Yakima Wastewater Faci- lities Project Fund", and various sections thereof, 411 as a new chapter and new sections of the City of Yakima Municipal Code; and declaring an emergency. BE IT ORDAINED BY THE CITY OF YAKIMA: Section 1. Chapter 3.64, "Yakima Wastewater Facilities Project Fund", and Sections 3.64.010, 3.64.020 and 3.64.030, are hereby enacted as a new chapter, and new sections of the City of Yakima Municipal Code to read as follows: "Chapter 3.64 YAKIMA WASTEWATER FACILITIES PROJECT FUND 3.64.010 Fund created--Purposes. There is hereby created a special fund to be known as the Yakima Wastewater Facilities Project Fund. The monies in said fund shall be used to pay for •expenses of engineering services, land acquisition and construction, and for other expenses incidental to the planning and construction of additions and improvements to, and new facilities for, the construction of wastewater interceptors to meet the E. P. A. requirements for the treatment of waste- water of the 1972 amended Federal Water Pollution Control Act (PL 92-500). 3.64.020 Source of funds. Proceeds from a contemplated issue of Wastewater Facilities Revenue Bonds, together with any money contributed or loaned by any governmental agency or any other source for the purposes specified in Section 3.64.010 above,shall be deposited in the Yakima Wastewater Facilities Project Fund as any such money becomes available. The City Council may, from time to time, transfer or appro- priate money from any available source into said fund. 3.64.030 Expenditures. Expenditures from the Yakima Wastewater Facilities Project Fund shall be made only for the purposes specified in Section 3.64.010 above. No expen- diture 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." 410 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 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 2fti, 40 day of .. 0 .& ljle 1977. AP" ci trymesieot/ t f Mayor ATTEST: • / Z)-e_p,,+- City Clerk • -2-