HomeMy WebLinkAboutORD 4755 CITY OF RENTON, WASHINGTON
ORDINANCE NO. 4 7 5 5
AN ORDINANCE OF THE GITY OF RENTON, WASHINGTON,
PROVIDING FOR 1998 BUDGET AMENDMENTS TO ACCOMMODATE
PLANNED EXPENDITURES FOR THE OAKESDALE AVENUE, S.W.
PROJECT—PHASE I.
WHEREAS, it is necessary and advisable to amend the 1998 Budget to accommodate
planned expenditures for the Oakesdale Avenue, S.W. Project—Phase I; and
WHEREAS, it is necessary to appropriate revenue received in 1998 from The Boeing
Company per an agreement between the City of Renton and The Boeing Company in which
Boeing contributed and the City agreed to spend transportation mitigation monies in the amount
of$1,712,000; and
WHEREAS, the total transportation budget for this project is $8,645,421;
NOW, THEREFORE, the City of Renton, Washington, do ordain as follows:
SECTION I. An adjustment of $1,712,000 is hereby made to the Oakesdale Phase I
Fund, Fund Number 105.000022, for transportation improvements to Oakesdale Avenue, S.W. as
follows:
1998 Bud e,g,, t Adjustments 1998
Ado ted Bud et Per this Ordinance Ad'usted Bud et
$6,933,421 $1,712,000 $8,645,421
SECTION II. This ordinance shall be effective upon its passage, approval, and five days
after publicatior,.
PASSED BY THE CITY COUNCIL this 7th day of December , 1998.
.
Marilyn J. et en, City Clerk
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ORDINANCE NO. 4 7 5 5
APPROVED BY THE MAYOR this �th day of December , 1998.
�
Jes anner, Mayor
�ed� ����
Lawrence 7. Warren, Gity Attorney ' i
Date of Publication: 12/11/9 8
ORD.745:10/26/98:as.
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