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HomeMy WebLinkAbout1986-2950 CREATING AN “ACCIDENT FUND” ORDIlNANCL NO. 29 s o AN ORDINANCE relating to funds and accounts; creating an "Accident Fund ", declaring the purpose thereof, specifying the source of funds thereto and providing for expenditures therefrom; enacting Chapter 3.104 "Accident Fund" and various sections thereof as a new Chapter and new sections of the City of Yakima Municipal Code. • BE IT ORDAINED BY THE CITY OF YAKIMA: Section 1. Chapter 3.104 "Accident Fund" and sections 3.104.010, 3.104.020 and 3. 104.030 thereof, are hereby enacted as a new Chapter and new sections of the City of Yakima Municipal Code to read as follows: "Chapter 3.104 Accident Fund 3.104.010 Fund Created — Purposes. There is hereby created a fund to be known as the "Accident Fund." Money in this fund shall be expended only to pay for judgments including interest and costs against the City on account of personal injuries suffered by any person as shown by a transcript of the judgment duly certified to the City Clerk. 3.104.020 Source of Funds. Fran time to time, the City Council shall budget, appropriate or otherwise authorize the transfer of money from any available source into such fund. 3.104.030 Expenditures. Expenditures from such fund shall be only for the purpose mentioned in Section 3.104.010 of this Chapter. No expenditures shall be made from such fund unless the City Council approves such expenditure by passing an ordinance appropriating money within the fund for the purpose for which the expenditure is to be made, or by including an appropriation for such purpose in the budget." 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 l \ day of v , 1986. / �� JO' 1 (A uI - MAYOR 11 ATTEST: p 4IP City Clerk Publication Date MAR 1 4 1986 Effective Date APR 1 3 1986 ORDI P2