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HomeMy WebLinkAbout1980-2372 AMENDING THE 1980 YAKIMA CITY BUDGET • ORDINANCE NO. ,;?3 AN ORDINANCE amending the 1980 Budget for the 'City of Yakima; appropriating money within 199-Feder41 Shared Revenue Fund and transferring that money to 322- Capitol Theatre Fund, as an appropriation. for 410 the 1980 City g of Yakima Bud et, • WHEREAS, money'is-available in 199-Federal Shared Revenue Fund for appropriation and transfer as provided by this ordinance, and WHEREAS, the amount of $52,067.14 must be appropriated with- in 199-Federal Shared Revenue Fund for transfer to 322-Capitol Theatre Fund to provide funding for final construction payments and for repayment of loans, together with interest, resulting from the reconstruction of the Capitol Theatre, and WHEREAS, at thetime.of the adoption of.the 1980 Budget it could not reasonably have been foreseen that such appropriation and transfer would be required; and the City Council finds that an emergency exists of the type contemplated by•R.C.W. 35.33.091 and that it is in the best interests of the City to make the appropriation and transfer herein provided, now, therefore, BE IT ORDAINED BY THE CITY OF YAKIMA: Section 1. The amount of $52,068 is hereby appropriated from unappropriated money in 199-Federal Shared Revenue Fund to Account No. 199.645.519.80.53.322 for transfer therefrom to 322- Capitol Theatre Fund, as provided by Section 2 of this ordinance. Section 2. As the appropriation provided by Section 1, hereof becomes effective, the amount of $52,067.14 is hereby transferred from Account No. 199.645.519.80.53.322 of the'Federal Shared Revenue Fund to 322-Capitol Theatre Fund for the purpose mentioned in Section 1 of this ordinance, as a 1980 appropriation for 322-Capitol Theatre Fund. Section 3. The Director of Finance and City. Treasurer of the City of Yakima are hereby authorized to make the.necessary transfer to carry out this ordinance. Section 4. This ordinance is one making an appropriation and shall take effect upon its passage, approval and publication as provided by law and by the City Charter. • • PASSED BY THE CITY COUNCIL, signed and approved this /,3&. day of ( 47,2-' , 1980. ii..„ Mayor ATTEST: 0 • t-Q-, ty C1 k 411 • • -2-