HomeMy WebLinkAbout1977-2096 RECREATING A FEDERAL SHARED REVENUE FUND. ORDINANCE NO. ,2 0 9 .
AN ORDINANCE relating to city funds and accounts; recreating a
Federal Shared Revenue Fund as a special fund and
designating its source of revenue; amending Section
3.87.010 and repealing Section 3.87.020, both of
• the City of Yakima Municipal Code.
BE IT ORDAINED BY THE CITY OF YAKIMA:
Section 1. Section 3.87.010 of the City of Yakima Municipal
Code is hereby amended to read as follows:
' Fund created--Source of revenue. There
is hereby created a special fund to be known as the
Federal Shared Revenue Fund. There shall be deposited
into such fund all money received by the City under
Subtitle A, 'Allocation and Payment of Funds', of the
State and Local Fiscal Assistance Act of 1972 as amended
by the State and Local Fiscal Assistance Amendment of
1976, or as the same may be subsequently amended, to-
gether with all interest earned from the investment of
money within the fund."
Section 2. Section 3.87.020 of the City of Yakima Municipal
Code is hereby repealed.
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Section 3. 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.
PASSED BY THE CITY COUNCIL, signed and approved this 9
day of , 1977.
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/gen , l i ehneNG449721
Mayor
ATTEST:
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•
ty Cler
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