Loading...
HomeMy WebLinkAboutORD 1182 '� ' „ r �� r .� � .� ., ,i -� • ' _ , i r ORD2NtiNCE N0. 1182 _�,-�,�+� '��� ��'`�ti,� -r,�� .�>;����-,��. � .�-.�7 6� � 1�Iv U�iDIi��TvCE OF T� CI'I.'Y OF RENTON, W.�SHIi�TON, CREATING AND EST�BLZSAII�TG 1�. CI7MUI,�iTIVE RESr�RVE FUND FOR AC�UIRIIvG A�ATERIAI�S, SUPPLIES AND EQUIPBdEEN2' FOR NNNICIP�iL PURPOSES The Citg Council of the City of Renton do ordain �s follow�: Section 1: That there be and hereby is established a CumulatiQe Reserve Fund pursuant the provisions of Section 9213-5 Remington's ReQised �tatutes, to be knowu as "Cumul�tive Reserve Fund for Acquiring M�terials, �upppiies and �quipment for Municip�l purposes". Saetion 2: The monies in said fund may be allowed to accumul�ta from year to year until the City Council of the City of Renton shall determine to exp end the monies in said fund for I thE purpose specified. Section 3: Th�t any monies in said Yund shall never be eg- pended Yor anq other purpose than that specified without an approving vote by � ms�ority of the electors oP the City of Renton votin on a at a genersl or speciaal election�proposal submitted to the electors to allow other specif ied uses to be made of said fund. Section 4: This Ordinanee shall be in full force and effect five days aPter its passage, approval and publication as required by law. P�1SSID by t�.e Counci.l of the City of Renton and Approved by the �iayor this 28th day af S�ptember, 1943. � Cl2'Y OF RENTUN, W.1�HIVGTON � .�- BY E. E. BURROT� M A Y 0 R �-1T'I'ES'".0;i �/ Agnes Edw rds City Cle Published: �eptember 30 , 1943