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HomeMy WebLinkAboutRES 1224 r { i � r 1 � � �� I q Id"� ' � OR(GINAI ' _ . �. . , , �soLu��orr r�o. j.�-� � , WHEI2EAS emergency Ordinance IVo. 2070 was passed and approved under date of December 23, 1963 providing for the appropriation of the sum of $20,040.00 for expenditure by the Off-S�reet Parking Fund, 7039.1, Gapital Outlay No. I�11, and WHEREAS said sum so appropriated wil� be derived fram the Cedar River Acquisi�ion Fund, and the purpose of said emergency ordinance being for the payment of the acquisition af a cer�ain aff-street parking 3ot and other muni- cipal gurposes, NOW THEREFORE $E IT RESOLVED BY THE MAYOR AND THE CITY CQU�dCIL OF THE GITY OP RENTON AS FOLLOWS: SECTION 1: The sur�i o� $20,000.00 heretofore apprapriated to the Of�-Street Parking Pund, as above-specified, shall be repaid by said Off-Stree� Parking Fund frorn parking meter �revenues, unto the Gedar River Acguisition Fund and such to bear interest at the ra�e o� 4% per ar�a,m. repayment to be made in any event not 1a�ter �han 3�ecember 31, 1965,1 It being expressiy understaad that said appropra.ation and �ransfer unta �he Off-Street Parking Fund far �he aforesaid purpase sha3.l canstitute a loan ta said fund. PASSED BY THE GI'�Y COUNCIL this r,� day of January, 1964. 'I ��=�f'�rn-�-=-� /,����~-� Helm�,e Nelson, Czt y Clerk APPROVED BY THE MAYqR this ���✓ day of January, 1964. �/�'.���%� _ �-�'(�-�" , --� Frank A2iment, �Mayar APPROVED AS Tq FORM: Gerard M, Shellan, City Attorney � I �� i