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HomeMy WebLinkAbout1988-3089 TROLLEY FUND - . ORDINANCE NO. 3089 AN ORDINANCE related to funds and accounts, adding operation, maintenance, and other capital improvements to permissible fund uses of the Trolley Fund, adding salvage to such fund's sources, and amending Sections 3.95.010 and 3.95.020, and repealing Chapter 3.96, Trolley Operating Fund, Sections 3.96.010, 3.96.020, and 3,96.030, all of the City of Yakima Municipal Code. BE IT ORDAINED BY THE CITY OF YAKIMA: Section 1. Section 3.95.010 of the City of Yakima Municipal Code is hereby amended to read as follows: "3.95.010 Fund created Purposes. There is created a special fund to be known as the trolley fund. The money in the fund shall be used to pay for the acquisition, operation, mainte- nance and capital improvement of trolley cars and operation, maintenance and capital improvement of the trolley system of the City." Section 2. Section 3.95.020 of the City of Yakima Municipal Code is hereby amended to read as follows: "3.95.020 Source of funds. Money to be deposited in the trolley fund shall be derived from trolley fares, revenue from salvage from the trolley system, from allocations and transfers of money to such fund made by the Yakima City Council, and from such other sources as may be designated from time to time by the Yakima City Council." Section 3. Chapter 3.96 of the City of Yakima Municipal Code and Sections 3.96.010, 3.96.020, and 3.96.030 thereof are hereby repealed. , Section 4. 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 day of n , 1988. • It■ A l It Ad, /41 4 Al A Mayor ATTEST: --A City Clerk Publication Date: MAR 2 5 988 Effective Date: APR 2 4 1988 CAPITAL.ORD/G9