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HomeMy WebLinkAboutORD 1897a ORDINANCE NO. AN ORDINANCE OF THE CITY OF PMTON, WASHINGTON, APPROPRIATING CERTAIN FUNDS RECEIVED IN EXCESS OF ESTIMATED REVENUES OF THE WATER FUND, AND AUTHORIZING EXPENDITURES THEREFROM FOR CAPITAL OUTLAY FOR NEEDS OF SAID CITY WATER FUND. BE IT ORDAINED BY TIDE MAYOR AND THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON.. AS FOLLOWS: SECTION I: The City Council finds that the expenditure of funds to the amount of $30,213.75, in addition to those provided to be expended under the 1961 budget of the City of Menton for capital outlay needs and requirements of the City's water system, is necessary for needs and requirements which could not reasonably have been foreseen at the tune of making said budget; that the sum of 830,213.75 has been received from the State Highway Department constituting certain reimbursement for work done by the City of Renton on relocation of water facilities and said sum is now available to the Water Department in excess of revenue estimated and anticipated for said fund in the City's budget of 1961; that it is to the best interest of the City of Renton and for the public benefit to transfer and appropriate said amount from excess revenue received as aforesaid for the purpose of providing necessary additional funds for capital outlays in the said City hater Department; that such expenditures are necessary for the proper administration and operation of the City and its water system. SECTION IT: Said sum of 0309213.75 received and held in the City eater Fund in excess of anticipated revenue be and the same is hereby appropriated and budgeted for expenditures as follows, and the City Treasurer is % reby authorized and directed to make the necessary transfer, to -wit: UNTO: Water Department, Water Maintenance, Capital Outlay, Acgount No. 7090.12, "Pipe and Fittings`(1700) $30,213.75 SECTION III: This Ordinance shall be in full force and effect from and after its passage, approval and legal publication. PASSED BY THE CITY COUNCIL this 11th day of July, 1961._,,/ Helmie NelsonjCity Clerk APPROVED BY THE MAYOR this 11th day of July, 1961, APPROVED AS TO FORM: rank Aliment, or Gerarda n, i y Attorney The City Clerk of the City of Renton hereby certifies that the foregoing Ordinance was duly passed and approved by the City Council of the said City thev-4 e o more than a majority of all mambers of said legislative body. �� 3 Q% JUL 19 196 METE Nelson, My er