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HomeMy WebLinkAbout1979-2324 CREATING A PATHS & TRAILS RESERVE FUND; DESIGNATING THE PURPOSES, THE REVENUE, & REGULATING EXPENDITURES. ORDINANCE NO. 23,„2 AN ORDINANCE relating to funds and accounts; creating a Paths and Trails Reserve Fund as a special fund and designating the purposes thereof, the sources of revenue thereto and regulating expenditures 111 therefrom; enacting Chapter 3.55, "Paths and Trails Reserve Fund", and Sections 3.55.010, 3.55.020 and 3.55.030 as a new chapter and new sections, all of the City of Yakima Municipal Code. BE IT ORDAINED BY THE CITY OF YAKIMA: Section 1. Chapter 3.55, "Paths and Trails Reserve Fund", and Sections 3.55.010, 3.55.020 and 3.55.030, are hereby enacted as a new chapter and new sections of the City of Yakima Municipal Code, to read as follows: 411 "Chapter 3.55 PATHS AND TRAILS RESERVE FUND 3.55.010 Fund created--Purposes. There is hereby created a special fund to be known as the Paths and Trails Reserve Fund. The money in such fund shall be expended only for the purposes of planning, accommodating, establishing and maintain- ing paths or trails for pedestrians, equestrians, or bicycles within, along or across city street right- of-way in accordance with existing provisions of Chapter 47.30 of the Revised Code of Washington or as the same may be amended from time to time. 3.55.020 Source of funds. Money to be deposited in the Paths and Trails Reserve Fund shall consist of that portion of Motor Vehicle Gas Tax Funds required by law to be expended for the purposes specified in S 4OM ic sTich . Nars o ol f arnl s a h g; e 1 r De d to time by appropriate action of the City Council. 3.55.030 Expenditures. Expenditures from the Paths and Trails Reserve Fund shall be made only for the purposes specified in Section 3.55.010 of this chapter. No expenditure shall be made from such fund unless the Yakima City Council shall approve such expen- diture by including an appropriation for such purpose in the budget, or by enacting an ordinance appropriat- ing money within such fund for transfer to and expendi- ture from the City Street Fund." Section 2. 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. PASSED BY THE CITY COUNCIL, signed and approved this ,2,0 day of 1979. t 6;c4 Ma o ±- ATTEST: Cy Clerk