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HomeMy WebLinkAbout2004-044 Appropriation - Front Street PBIA Improvement ORDINANCE NO. 2004 - 44 AN ORDINANCE amending the 2004 budget for the City of Yakima; and making an appropriation of $5,000 in the 163 — Front Street Parking and Business Improvement Area (PBIA) Fund for expenditure during 2004 to improve/market the Front Street Business District. WHEREAS, the amount of $5,000 must be appropriated within the 163 — Front Street Parking and Business Improvement Area (PBIA) Fund for expenditure during 2004 to improve/market the Central Business District, and WHEREAS, at the time of the adoption of the 2004 budget it could not reasonably have been foreseen that the appropriation provided for by this ordmance 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 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 $5,000 is hereby appropriated from the Unappropriated Fund Balance in the 163 — Front Street Parking and Business Improvement Area (PBIA) Fund to account number 163- 163 -321- 0000 - 573.90 -491 as a 2004 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 's 20th day of July tre_A PAUL P GEORGE, MAYOR ATTEST: TLS.,..., CITY CLERK First Reading: 7- 6-2004 Publication Date: 7 -23 -2004 Effective Date: 8 -22 -2004 Cepperson 6/30/2004 BUSINESS OF THE CITY COUNCIL YAKIMA, WASHINGTON AGENDA STATEMENT Item No, 30 zo For Meeting Of Julyf, 2004 ITEM TITLE An Ordinance Amending the 2004 Budget and Making an Appropriation in the Front Street Parking and Business Improvement Area (PBIA) Fund -163 to Improve and Market the Front Street Busmess District SUBMITTED BY !Ai ook, Director of Community and Economic Development Cindy Epperson, Financial Services Manager CONTACT PERSON /TELEPHONE. Cindy Epperson - 575 -6070 SUMMARY EXPLANATION The Front Street Association has recently committed to improve and promote the Front Street Business District by designing and installing banners. This project is estimated to cost approximately $5,000 Since this is beyond the scope of the original budget, a budget amendment is needed The attached Appropriation Ordinance proposes to increase the Front Street PBIA's 2004 budget by $5,000 to adequately budget this project. The reserve balance is sufficient to accommodate this appropriation. Resolution XX Ordinance Contract Minutes Plan/ Map Notification List Other (Specify) FUNDING SOURCE Unappr riated Fund Balance - Front Street PBIA Fund 163 APPROVED FOR SUBMITTAL. City er ty STAFF RECOMMENDATION Read Ordinance by title only at the July 6, 2004 meeting Pass Ordinance after second reading at the July 20, 2004 meeting. BOARD /COMMISSION RECOMMENDATION COUNCIL ACTION First readingof ordinance; second reading scheduled July 20, 2004 Cje 6/30/2004 04 Front Street approp agenda