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HomeMy WebLinkAbout2004-001 Appropriation - Central Business District PBIA ORDINANCE NO. 2004 -01 AN ORDINANCE amendmg the 2003 budget for the City of Yakima, and making an appropriation of $7,000 in the 161 — Parkmg and Busmess Improvement Area (PBIA) Fund for expenditure durmg 2003 to improve /market the Central Busmess District. WHEREAS, the amount of $7,000 must be appropriated within the 161 — Parking and Business Improvement Area (PBIA) Fund for expenditure durmg 2003 to improve /market the Central Business District, and WHEREAS, at the time of the adoption of the 2003 budget it could not reasonably have been foreseen that the appropriation provided for by this ordinance would be required, and the City Council declares that an emergency exists of the type contemplated by RCW 35.33 091 and that it is in the best mterests of the City to make the appropriation herem provided, now, therefore, BE IT ORDAINED BY THE CITY'OF YAKIMA: Section 1. The amount of $7,000 is hereby appropriated from the Unappropriated Fund Balance m the 161 — Parking and Business Improvement Area (PBIA) Fund to account number 161 - 161 - 612 - 0000 -573 90 -410 as a 2003 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 6th day of January, 2004 &a MAYOR ATTEST: CITY CLERK First Reading: 12/16/2003 Pubhcation Date 1/9/04 Effective Date: 1/10/04 cje PBIA 03 ordinance t BUSINESS OF THE CITY COUNCIL YAKIMA, WASHINGTON AGENDA STATEMENT r c Item No ( -' -- San. (0, 00 `f For Meeting Of Deeember 1 Fi 2003- - ITEM TITLE An Ordinance Amending the 2003 Budget and Making an Appropriation in the Parking and Business Improvement Area (PBIA) Fund -161 to Improve and Market the Central Business District SUBMITTED BY ook, Directo_r of Community and Economic Development Pill-t Eppersortnancial Services Manager CONTACT PERSON /TELEPHONE. Cindy Epperson - 575 -6070 -) SUMMARY EXPLANATION The Yakima Downtown Association has been extremely active in 2003, and they have supported many new activities to improve and promote downtown Yakima. These program recommendations were made right up to the limits of their adopted budget for 2003 In a recent review of actual costs compared to budgeted levels, it was determined that there were a few payments made in 2003 for programs that were actually approved out of 2002 budget authority Unfortunately, these were not captured in the encumbrance ordinance that was completed in early 2003 The attached Appropriation Ordinance proposes to increase the PBIA's 2003 budget by $7,000 to adequately budget all approved programs. The reserve balance is sufficient to accommodate this appropriation. Resolution XX Ordinance Contract Minutes Plan/Map Notification List Other (Specify) FUNDING SOURCE. Unapp riated Fund Bal� - PBIA Fund 161 APPROVED FOR SUBMITTAL. i \\ City Mana tY er g STAFF RECOMMENDATION Read Ordinance by title only at the December 16, 2003, meeting. Pass Ordinance after second reading at the January 6, 2004 meeting BOARD /COMMISSION RECOMMENDATION COUNCIL ACTION First reading of ordinance; second reading scheduled for 1 -6 -2004 1 -6 -2004: Ordinance passed. ORDINANCE NO. 2004 - 01 Cje 12/11/2003 03 PBIA approp agenda