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HomeMy WebLinkAboutORD 3491 CITY OF RENTON, WASHINGTON ORDINANCE NO. 3491 AN ORDINANCE OF THE CITY OF RENTON, WASHINGTON, PROVIDING FOR TRANSFER AND APPROPRIATION OF FUNDS WHEREAS the City of Renton has certain insurance savings I and 1% for art monies to be transferred from operating funds to reserve funds for the calendar year 1980, and WHEREAS it is necessary and advisable to appropriate said funds into the 1981 Budget, and such appropriation and transfer being necessary and in the public interest and for the public benefit , NOW THEREFORE THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON DO ORDAIN AS FOLLOWS: SECTION I : The Director of Finance is hereby authorized and directed to provide for the following transfers and appropriations: See Exhibit "A" attached hereto and made a part hereof PASSED BY THE CITY COUNCIL this 15th day of December, 1980. Delores A. Mead, CitT Clerk APPROVED BY THE MAYOR this 15th day of December, 1980. � 9/, ...04='� Thomas- W..-Tr,imm* Mayor Pro tem Approved as to form: Lawrence J. W-arren, City Attorney Date of Publication: December 24, 1980 (Summary form I EXHIBIT "A" ORDINANCE NO. 3491 I. TRANSFER SAVINGS ON INSURANCE PREMIUMS FOR LAST HALF OF 1980 FROM THE CURRENT FUND TO CUMULATIVE RESERVE FUND #3467 (INSURANCE RESERVE) ; 1980 BUDGET. APPROPRIATE SAME UNTO 1981 BUDGET - CUMULATIVE RESERVE FUND #3467. TRANSFER FROM: MISCELLANEOUS SERVICES/CURRENT FUND a/c 000/000/04.519.90.36.00 (Insurance) -------------- $11 ,327.00 TRANSFER UNTO: CUMULATIVE RESERVE FUND #3467 (Insurance Reserve) a/c 117/000/04.519.80.53.00 (Interfund Distributions) $11 ,327.00 APPROPRIATE UNTO: 1981 BUDGET--CUMULATIVE RESERVE FUND #3467 a/c 117/000/04.519.80.53.00 (Interfund Distributions) $11 ,327.00 II. TRANSFER 1% FOR ART MONIES (REMAINING 1980 BALANCE) FROM CURRENT FUND TO MUNICIPAL ARTS FUND/1% FOR ART. APPROPRIATE SAME UNTO 1981 BUDGET - MUNICIPAL ARTS FUND/1% FOR ART. TRANSFER FROM: MUNICIPAL ARTS COMMISSION/CURRENT FUND a/c 000/000/03.513.21 .64.00 (Machinery & Equipmt.) --- $ 340.00 TRANSFER UNTO: MUNICIPAL ARTS FUND/1% FOR ART a/c 125/000/03.513.21 .64.14 _(Mach. & Eq./1% For Art) - $ 340.00 APPROPRIATE UNTO: 1981 BUDGET--MUNICIPAL ARTS FUND/1%FOR ART a/c 125/000/03.513.21 .64.14 (Mach. & Eq./l% For Art) - $ 340.00