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HomeMy WebLinkAbout1959-B-2277 192 ORDINANCE NO. B-2277 nr1 AN ORDINANCE transferring the sum of $31.00 from the Water R Bond Redemption Fund to the Water-Sewer Fund and terminating the Wgter Rvenue Bond Redemption fund. WHEREAS, the current balance in the Water Revenue Bond Red- emption Fund is $31.00 and no bonds or interest coupons appropriate to said Fund are outstanding, and WHEREAS, it is deemed in the best interests of the City to transfer these excess monies to the Water-Sewer Fund and such action has been recommended by the utility examiner from the Division of Municipal Corporations of the StElte Auditor's Office, now, therefore, BE IT ORDAINED BY THE CITY OF YAKIMA: Section 1. That the Chief City Accountant and the City Treasurer are hereby authorized, empowered and directed to transfer the sum of $31.00, representing the unencumbered balance in the Water R Bond R Fund, from said Fund to the Water-Sewer Fund. Section 2. That the Cheif City Accountant and the City Treasurer are hereby authorized and directed to terminate the existence and use of said Water Revenue Bond Redemption Fund. Section 3. This ordinance shall be in full force and effect thirty days after its passage4 approval and publication and provided by law and the City Charter. PASSED BY THE CITY COMMISSION, digned and approved this 15th say of April,.1959. ATTEST: J.A. SMITH (SEAL ) JOE K. ALDERSON CITY CLERK MAYOR I hereby certify that the foregoing is a true, full anc correct copy of Ordinance No. B-2277 entitled "AN ORDINANCEtransferring the sum of $31.00 from the Water Revenue Bond Redemption Fund to the Water-Sewer Fund and terminating the Water Revenue Bond Redemption fund.", as passed on the 15th day of April, 1959, and that the same has been published as required by law. I CLERK 1