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HomeMy WebLinkAboutORD 3793 i CITY OF RENTON, WASHINGTON ORDINANCE NO. 3793 AN ORDINANCE OF THE CITY OF RENTON, WASHINGTON r PROVIDING FOR APPROPRIATION AND TRANSFER OF FUNDS WHEREAS the City of Renton transferred Real Estate Excise Tax revenues to the Street Fund in 1983 by Resolution #2532, to provide funding for the Heather Downs Storm Drainage project and said funds were not expended during 1983, and WHEREAS the Heather Downs Storm Drainage project was included in the Capital Improvement Fund in the 1984 Budget as adopted, and WHEREAS it is necessary and advisable to appropriate and transfer the belowmentioned funds and such appropriation and transfer being necessary and in the public interest and for the public benefit, NOW THEREFORE THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON, DO ORDAIN AS FOLLOWS: SECTION I : The Director of Finance is hereby authorized and directed to provide for the following appropriation and transfer: APPROPRIATE FROM: Street Fund/Unappropriated Fund Balance Revenue a/c 103/000/308.00.00.00 . . . . . . . . . . . . . . . . . . $55,000.00 APPROPRIATE UNTO: Street Fund Expenditure Budget Expenditure a/c 103/000/15.597.00. 50.00 . . . . . . . . . . . . . . . $55,000.00 (Operating Transfers-Out) TRANSFER FROM: Street Fund/Operating Transfers-Out Expenditure a/c 103/000/15. 597.00. 50.00 . . . . . . . . . . . . . . . $55,000.00 TRANSFER UNTO: Capital Improvement Fund Revenue a/c 317/000/397.00.00.04 . . . . . . . . . . . . . . . . . . $55,000.00 (Operating Transfers-In/Cum. Res. #3661 Real Estate Excise Tax) Expenditure a/c 317/036/15.541 .00.67. 10 . . . . . . . . . . . . . . . $ 5,000.00 (1 (Heather Downs Storm Drainage Project) 1 ) $50,000.00 cz the 1984 Budgetaxy appnopn iat on in the Cap,c tat Improvement Fund; .i.ncAeaze appnopxi.ati.on 6y $5,000.00 to equal Opekat ng T&ans4en-,in ob $55,000.00. -1- CITY OF RENTON, WASHINGTON ORDINANCE NO. 3793 - Continued SECTION II : This Ordinance shall be effective upon its passage, approval and five days after its publication. PASSED BY THE CITY COUNCIL this 6th day of February, 1984. Maxine E. Motor, City Clerk APPROVED BY THE MAYOR this 6th day of February, 1984. Barbara Y. Shinpoch, Mayor Approved as to form: La ence J. Wa en, City Attorney Date of Publication: February 10 , 1984 -2-