Loading...
HomeMy WebLinkAbout3940 ORDINANCE NO. ~~ AN ORDINANCE amending Ordinance No. 3836, §3 relating to cumulative reserve fund for general municipal purposes by including $25,000.00 each calendar quarter of revenues derived from the City's Business and Occupation Tax. THE CITY COUNCIL OF THE CITY OF BREMERTON DOES HEREBY ORDAIN: SECTION 1: Ordinance No. 3836, §3 is hereby amended to read as follows: GENERAL MUNICIPAL PURPOSES. The City Treasurer is authorized and directed to establish a cumulative reserve fund for general municipal purposes. After authorization by the City Council, monies may be expended from this cumulative reserve fund, under the direction of the Mayor, Council President, or his Council representative, and City Treasurer for: 1. The acquisition or improvement of land and buildings for any municipal purposes; 2. Construction, alteration or repair of any public building, structure or facility; 3. Acquisition of furniture, fixtures and equipment for any municipal building or any municipal purposes; 4. Costs incidental to relocating and the providing of services by City departments during construction or reconstruction of municipal buildings; 5. Costs for professional services in connection with planned municipal improvements. All claims against this fund may be paid upon obtaining the signatures of at least two of the above-mentioned persons, one of whom must be the Council President, or his Council representative. The Treasurer is authorized and directed to place in said fund all the proceeds of the sale of the Sheridan Park Fire Station; all the proceeds of the Civic Center Building; $25,000.00 each calendar quarter of revenues contained in the General Fund which have been derived from the City's Business and Occupation Tax beginning January 1, 1985; and funds from other sources as may be directed. APPROVED by the City Council on the first reading this ~(~ of //~,~;~ , 1984. day PASSED ~y the City Council of the City of Bremerton, signed by the Mayor and attested to by the City Clerk in authentication of such passage this 5'~day of ~_~.~_~ _ , 1984. MORRiE DAWKINS, Mayor ATTEST: KATHLEEN L. McC~USKE~, Clerk~ 2