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HomeMy WebLinkAbout1993-020 Transit Capital Reserve Fund !:// ORDINANCE NO. 93- 20 AN ORDINANCE relating to funds and accounts; expanding the purpose of the Transit Capital Reserve Fund to include capital needs; and amending section 3.69 010 of the City of Yakima Municipal Code. BE IT ORDAINED BY THE CITY OF YAKIMA: Section 1. Section 369.010 of the City of Yakima Municipal Code is hereby amended to read as follows: "369.010 Funds Created -- Purpose. There is hereby created a special fund to be known as the Transit Capital Reserve Fund. The money in said fund shall be expended only for the purpose of purchasing capital needs related to the city of Yakima transit system." Section 2. This ordinance shall be in full force and effect thirty days after its passage, approval and publication as provided by law and by the City Charter. PASSED BY THE CITY COUNCIL, signed and approved this 20th day of April , 1993. ATTEST- Mayor /<alt-e-i-A__/ "e-e--ILeAt..& 1 City Clerk Publication Date April 23, 1993 Effective Date May 23, 1993 0 TD -14 JV 1