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HomeMy WebLinkAbout1990-3283 Tourist Promotion Fund 3283 ORDINANCE NO. AN ORDINANCE amending the 1990 budget for the City of Yakima; making an appropriation of $4,034 to the Tourist Promotion Fund for expenditure during 1990 for General Liability Insurance. WHEREAS, the amount of 54,034 must be appropriated within the Tourist Promotion Fund in order to provide funding for General Liabili- ty Insurance; and WHEREAS, at the time of the adoption of the 1990 budget it could not reasonably have been foreseen that the appropriation provided for by this ordinance would be required, and (HEREAS, this General Liability Insurance will provide the City of Yakima liability insurance in the amount of $1,000,000; and WHEREAS, delaying coverage will be to the severe detriment of the Cit\ of Yakima if a liability claim occurs prior to coverage; and WHEREAS, the City Council finds an emergency exists and that it is in the best interest of the City to make the appropriation herein provided, now, therefore, BE IT ORDAINED BY THE CITY OF YAKIMA: 411 Section 1. The amount of $4,034 is hereby appropriated from the Unappropriated Fund Balance in the Tourist Promotion Fund to account number 170.170.325.0000-571.10-460 as a 1990 appropriation. Section 2. This ordinance is one making an appropriation, an emergency exists, and this ordinance 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 /0 day of , 1990. .7v- (21 Mayor ATTEST. X a.A....ew City Clerk Publication Date. JUL 1 3 1990 Effective Date JUL 1 3 1990 (ord/tpf)