HomeMy WebLinkAbout4311 ORDINANCE NO.
AN ORDINANCE providing for the establishment of a fund to
be known as the Fire Department Capital Fund.
THE CITY OF BREMERTON DOES ORDAIN:
SECTION I: A capital projects fund to be known as the "Fire Department
Capital Fund" is hereby created for the purpose of receiving and disbursing
funds as necessary for the acquisition, design and construction of capital
assets of the Fire Department as authorized by the voters in November 1990.
SECTION 2: Monies to be desposited into this fund shall include the
proceeds of any instruments of indebtedness issued for acquisition, design
and construction of Fire Department capital assets, such other funds as the
City Council may authorize and interest earnings attributable to the
unexpended balance of the fund.
SECTION 3: Monies shall be disbursed from this fund in a manner
consistent with current City policy for the acquisition, design and construction
of Fire Department capital assets as presently and hereafter authorized by the
City Council.
SECTION 4: Effective Date. This ordinance shall become effective ten (10)
days from passage and publication.
APPROV~ by the City Council on the first reading on this /~ day of
PASSED by the City Counci%, of the City of Bremerton on second reading
/
this [/0 day of ')i~ ~,q?~ ~ , 1991.
L~~HORTOf' C~o~cil President
APPROVED this %t%~- day of ~ , 1991.
LOUIS MENTOR, Mayor
ATTEST:
KATHLEEN L. McCLUSKEY, City Clerk ~/.. , ..,