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HomeMy WebLinkAboutORD 1468V,.....,, ,r 0 ORDINANCE NO. 1468. AN ORDINANCE OF THE CITY OF RENTON, STATE OF WASHINGTON, CREATING AND ESTABLISHING A SPECIAL PAYROLL FUND FOR THE PURPOSE OF PAYING MONIES DUE CITY EMPLOYEES FOR SALARIES AND WAGES. BE IT ORDAINED BY THE MAYOR AND THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON, AS FOLLOWS: Section 1. That there be and hereby is established in the office of thei�reasurer, pursuant to Chapter 27 of the 1953 Session Laws of the State of Washington, a special fund, to be known and designated as the "Payroll Fund" for the purpose of paying any monies due city employees for salaries and wages. Section 2. All monies placed in said "Payroll Fund" as directed by the City Council of the City of Renton from time to time may be drawn upon by warrants and may be cashed for the purpose of paying any monies due city employees for salaries and wages: Monies placed in said. "Payroll Fund" may be drawn from any other funds available. Section 3. The City Treasurer is authorized to deposit, place and keep in said "Payroll Fund" such sums or funds as may be received or available :for the purpose of paying salaries and wages. The accounts of said "Payroll Fund" shall be kept and maintained in such manner as to show the department or departments and respective amounts for which each payment or warrant is issued and payable. Section . Any and all transfers from an insolvent fund to said "Payrol�Fun shall be by warrant. Section 54 This Ordinance shall become effective on the first day of January, 1954, and after its passage, approval and publication as required by law. PASSED BY THE CITY COUNCIL this lst day of December, 1953• APPROVED BY THE MAYOR this Ap oved as to form: Arthur,. Haugan, City t orney Gerard M. Shellan, Asst. City Attorney Date of publication: December 10, 1953 p Wiley roo , City Clerk lst day of December, 1953. 2 Joe Baxter, Mayor