HomeMy WebLinkAbout1980-2419 CREATING A WASTEWATER FACILITIES CAPITAL RESERVE FUND, & ITS PURPOSE & SOURCE OF FUNDS. ORDINANCE NO.
411
AN ORDINANCE relating to funds and accounts; creating a Waste-
water Facilities Capital Reserve Fund and desig-
nating its purpose and source of funds, and pro-
viding the means of expenditure therefrom; enact-
ing Chapter 3.65, "Wastewater Facilities Capital
Reserve Fund", and Sections 3.65.010, 3.65.020
and 3.65.030 thereof, as a new chapter and new
sections of the City of Yakima Municipal Code.
BE IT ORDAINED BY THE CITY OF YAKIMA:
Section 1. Chapter 3.65, "Wastewater Facilities Capital
Reserve Fund", and Sections 3.65.010, 3.65.020 and 3.65.030
thereof, are hereby enacted as a new chapter and new sections
of the City of Yakima Municipal Code to read as follows:
"Chapter 3.65
0 1/ WASTEWATER FACILITIES CAPITAL RESERVE FUND
3.65.010 Fund created--Purposes. There is
created a special fund to be known as the Wastewater
Facilities Capital Reserve Fund. The money in the fund
shall be expended only for the purposes of replacement
of, or capital repairs or capital improvements to,
the Wastewater Treatment Plant and domestic sewerage
system.
3.65.020 Source of funds. Payments received
by the City of Yakima from Yakima County, the Town
of Union Gap and the Terrace Heights Sewer District,
pursuant to the agreement of those parties entitled
'Agreement For Wastewater Treatment and Disposal
Service', dated February 23, 1976, shall be deposited
in the Wastewater Facilities Capital Reserve Fund.
3.65.030 Expenditures. Expenditures from
the Wastewater Facilities Capital Reserve Fund shall
111 be made only for the purposes specified in Section
3.65.010 of this chapter. No expenditure shall be
made unless the Yakima City Council shall approve the
expenditure by enacting an ordinance appropriating
money within the fund for the purpose for which the
expenditure is to be made, or by including an appro-
priation for such purpose in the budget."
Section 3. This ordinance shall be in full force and effect
thirty days after its passage, approval and publication as pro-
vided by law and by the City Charter.
110 P..SED BY THE CITY COUNCIL, signed and approved this J061
day of , 1980.
d
/tgi
Mayor
111 ATTEST.:
. City Clerk