HomeMy WebLinkAbout1978-2186 CREATING UN-EMPLOYMENT COMPENSATION RESERVE FUNDS. ORDINANCE NO ‘,.:/Y4.6.
0 AN ORDINANCE relating to City Funds and Accounts; creating the
Un-Employment Compensation Reserve Funds as a
special fund; specifying the purpose of such fund
and the source of revenue thereto and providing
for expenditures therefrom; enacting Chapter3.91,
"Un-Employment Compensation Reserve Fund", and
410 various sections thereof as a new chapter and new
sections of the City of Yakima Municipal Code; and
declaring an emergency.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF YAKIMA:
SECTION I. CHAPTER 3.91, "Un-Employment Compensation Reserve
Fund", and sections 3.91.010, 3.91.020 and 3.91.030 are hereby
enacted as a new chapter and new sections of the City of Yakima
Municipal Code to read as follows:
• "Chapter 3.91
UN-EMPLOYMENT COMPENSATION RESERVE FUND
• 3.91.010 FUND-CREATED PURPOSES. There is hereby created a
special fund to be known as the Un-Employment Compensation
Reserve Fund. The money in said fund shall be used only to
pay the Washington State Employment Security Department billings
to the City for benefits paid to prior City employees as required
• by State Law and to pay fees of the Un-Employment Service Agency.
3.91.020 SOURCE OF FUNDS. Money shall be deposited in the
Un-Employment Compensation Reserve Fund in accordance with or-
dinances appropriating money therefor as maybe passed by the
City Council from time to time, or as maybe included in the
• budget, and interest earned from the investment of temporary
idle money in the fund shall also be deposited therein.
3.91.030 EXPENDITURES. Expenditures from the Un,Employment
Compensation Reserve Fund shall be made only for the purpose
specified in Section 3,91.010 above, No expenditure shall be
made from the fund unless, money has been transferred into the
fund and billings from the Washington State Employment Security
Department have been approved for payment by the service agency
• appointed to audit said billings,
SECTION II. This ordinance is one to provide for the immed,
iate 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 CITY COUNCIL, signed and approved this
Stl- day of 1978.
Attest
411
J_ eP47grAgi-A,
40t Clerk ( Mayor
411
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