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HomeMy WebLinkAbout1977-2078 CONSOLIDATING SPECIAL FUNDS; AND REPEALING CHAPTER 3.12, “WATER CUMULATIVE RESERVE FUND”. ORDINANCE NO. ,20-7 i AN ORDINANCE relating to funds and accounts; consolidating special funds; and repealing Chapter 3.12, "Water Cumulative Reserve Fund", and all sections thereof, of the City of Yakima Municipal Code. WHEREAS, Ordinance No. B-2024-A, enacted May 15, 1957, adopted Chapter 3.12, "Water Cumulative Reserve Fund", and the sections there- of, thereby creating a special fund which has been inactive since 1967, making it desirable to repeal that Chapter 3.12 so as to ter- minate that special fund and consolidate it with Fund No. 477-Domes- tic Water Supply Development Fund, now, therefore, BE IT ORDAINED BY THE CITY OF YAKIMA: Section 1. Chapter 3.12, "Water Cumulative Reserve Fund", and all sections thereof, of the City of Yakima Municipal Code are hereby repealed. Section 2. The money remaining in 474-Cumulative Reserve Fund 411 For Domestic Water Supply Development at the effective date of this ordinance is hereby transferred to 477-Domestic Water Supply Develop- ment to be administered therein and expended therefrom; and the City Treasurer and Finance Officer of the City are hereby authorized to make the necessary transfer to carry out this ordinance. 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 AO of 1977. • a4menjkim qi■ Mayor ATTEST: 00! / p / ty Clen,