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HomeMy WebLinkAboutORD 3450 CITY OF RENTON , WASHINGTON ORDINANCE NO• 3450 AN ORDINANCE OF THE CITY OF RENTON, WASHINGTON CREATING A SPECIAL FUND KNOWN AS "CABLE COMMUNICATIONS DEVELOPMENT FUND #127" THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON DO ORDAIN AS FOLLOWS : SECTION I : There is hereby established and created a special fund to be known as "Cable Communications Development Fund' -11127" . Said fund is created for the specific purpose for the promotion and development of cable communications and access channels including government, education, and public, pursuant to Ordinance #3137 . SECTION II : The monies in said fund shall be expended solely for the purpose hereinabove specified and no monies in said Fund shall -be expended for any other purpose or purposes other than those specified hereinabove, without approval of,,-the Renton City Council . Any:-monies in said Fund at the end of any fiscal year shall not lapse nor shall the same be a surplus available or which may be used for any other purpose or purposes than those specified hereinabove. :SECTION III : The terms of this Ordinance shall remain in effect : until further action� by the Renton City Council . SECTION IV: This Ordinance shall be effective upon its passage, approval and five days after its legal publication. PASSED BY THE CITY COUNCIL this ?1st day of July, 1980 . s c IF Delores A. Mead, City Clerk APPROVED BY .THE MAYOR this 21st day of July, 1980. y , �t1.)t�yarttl oc�. °��3 Barbara Y. Shinpoch, Mayor Appro ed as to orm: Lawrence J. Wa ren, City Attorney Date of Publication: July. 30, 1980 f