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HomeMy WebLinkAbout1991-3412 Cumulative Reserve for Capital Improvement Fund ORDINANCE NO. 3 4 12 AN ORDINANCE amending the 1991 budget for the City of Yakima, and making an appropriation of $15,000 in the Cumulative Reserve for Capital Improvement Fund for expenditure during 1991 for the 1st Avenue Street Reconstruction Project. WHEREAS, the amount of $15,000 must be appropriated within the Cumulative Reserve for Capital Improvement Fund in order to provide funding for the 1st Avenue Street Reconstruction Project, and WHEREAS, at the time of the adoption of the 1991 budget it could not reasonably have been foreseen that the appropriation provided for by this ordinance would be required, and the City Council finds that an emergency exists of the type contemplated by RCW 35 33 091 and that it is in the best interests of the City to make the appropriation herein provided, now, therefore, BE IT ORDAINED BY THE CITY OF YAKIMA: Section 1. The amount of $15,000 is hereby appropriated from the Unappropriated Fund Balance in the Cumulative Reserve for Capital Improvement Fund to account number 392 392 528 1374 595 11 -650 as a 1991 appropriation Section 2. This ordinance is one making an appropriation and shall take effect immediately upon its passage, approval and publication as provided by law and by the City Charter PASSED BY THE CITY COUNCIL, signed and approved this 22 day of October, 1991 MAYOR ATTEST: CITY CLERK First Reading /.VAC /f/ Publication Date i s /�s'/q/ Effective Date /D/- LEGAUbd Ordinances AO13 APPROP.ORDINANCE PAGE 1 • SCHEDULE I CUMULATIVE RESERVE FOR CAPITAL IMPROVEMENT, RESOURCES: INTEREST FROM INVESTMENTS 392 392 699 0000 361 10 INT $5,000 00 DEPARTMENT OF COMMUNITY DEVELOPMENT LOAN 392 392 528 1374 391 80 DCD $173,250 00 $178,250 00 APPROPRIATIONS CONSTRUCTION PROJECTS 392 392 528 1374 595 11 650 $15,000 00 $15,000 00 0