HomeMy WebLinkAboutORD 4973CITY OF RENTON, WASHINGTON
ORDINANCE NO. 4973
AN ORDINANCE OF THE CITY OF RENTON, WASHINGTON,
AMENDING THE 2002 BUDGET FOR THE EXPRESSED PURPOSE OF
BUILDING A SWIMMING POOL, CREATING A NEW
CONSTRUCTION FUND, AND APPROPRIATING THE NECESSARY
FUNDS FOR THE CONSTRUCTION.
THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON, DO ORDAIN
AS FOLLOWS:
SECTION I. The City hereby creates a new fund, entitled the Swimming Pool
Construction Fund, Fund 307. This fund will capture all the revenues and expenditures
associated with the construction of a new swimming pool.
SECTION II. There shall be an appropriation of $5,000,000 to meet the
construction expenditures in Fund 307. The source of the $5,000,000 will be from various
excess fund balances as defined below.
SECTION III. The source of the $5,000,000 will be as follows, and the
appropriation in the following funds will increase as a Transfer Out from the following Funds to
Fund 307 for the construction of the swimming pool.
Fund/Fund Name
Fund 000, General Fund
Fund 101, Park Fund
Expenditure Increase
$1,800,000
$2,100,000
Source
Operating transfer from
General Fund Balance to
Fund 307
Transfer from Park Fund to
Fund 307
ORDINANCE NO. 4973
Fund 103, Street Fund
Fund 215, General
Governmental
Miscellaneous Debt
Fund 316, Capital
Facilities Fund
$425,000
$500,000
$175,000
Operating transfer from
Street Fund to Fund 307
Transfer from Fund 215, to
Fund 307.
Transfer from Fund 316, to
Fund 307.
SECTION IV. This ordinance shall be effective upon its passage, approval, and
five days after publication.
PASSED BY THE CITY COUNCIL this 17th day of Ju"e _, 2002.
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Bonnie I. Walton, City Clerk
APPROVED BY THE MAYOR this 17th day of jUne _, 2002.
iroveCas to form:
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Lawrence J. Warren, City Attorney
Date of Publication: 6/21/200?
ORD.996:6/5/02:ma
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JessiSCanner, Mayor