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HomeMy WebLinkAbout1981-2510 CREATING A “CABLE TV COMMUNICATIONS FUND” AS A SPECIAL FUND • Ail ORDINANCE NO. 63 %0 • AN ORDINANCE relating to city funds and accounts; creating a "Cable TV Communications Fund" as a special fund • III and designating its purpose and source of revenue; and enacting Chapter 3.05, "Cable TV Communications Fund", and Sections 3.05.010, 3.05.020 and 3.05.030 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 3.05, "Cable TV CoMmunications Fund", and Sections 3.05.010, 3.05.020 and 3.05.030 thereof, areHhereby enacted as a new chapter and new sections of the City of Yakima Municipal Code to read as follows: III "Chapter 3.05 CABLE TV COMMUNICATIONS FUND 3.05.01D . Fund created--Purpose; There is created a special fund to be known as the Cable TV Communications Fund., The purpose of such fund is to pay expenses incurred by the City in administer- ing cable tv franchises for cable tv operators doing business in the City. 3.05.020 Source of funds. The source of • funds for the Cable TV Communications Fund will be franchise fees paid to the City by cable tv operators, and other revenue from such other sources as may be designated from time to time by the Yakima City Council. • 3.05.030 Expenditures from fund. Expenditures from the Cable TV Communications Fund shall be made only for the purposes specified in Section 3.05.010 of this chapter. No expenditure shall be made from such fund unless the Yakima City Council shall approve such expenditure by passing 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 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 /4 IP; day of 7 AL , 1981. , . ;Z Mayor ATTEST: t. • ty Cler