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HomeMy WebLinkAbout3839 AN ORDINANCE creating a special construction fund entitled "Wastewater Facilities Construction Fund, No. 309, authorizing the design and construction of sewerage facilities. THE CITY OF BREMERTON DOES HEREBY ORDAIN: SECTION 1. ESTABLISHMENT AND PURPOSE OF THE FUND. The City Treasurer is authorized and directed to establish Wastewater Facilities Construction Fund No. 309. Monies from the fund will be used to finance the construction of new Bremerton sewerage collection, transmission and treatment facilities. SECTION 2. SOURCE OF MONIES IN FUND NO. 309. The source of monies for Fund No. 309 shall be: A. From a grant from the Washington State Department of Ecology under the Referendum 39 program. B. From funds received from the U.S. Navy pursuant to its agreement to pay for the capital costs incurred in providing the Navy with sewer services. C. From the capital portion of rates and charges collected from users of the Bremerton sewer service. D. From federal funds or any other funds that come available for the construction of the sewerage collection, transmission and treatment facilities. E. From proceeds from revenue bond sales for the construction of the sewerage, collection, transmission and treatment facilities. SECTION 3. AUTHORIZATION FOR EXPENDITURE OF MONEY FROM THE FUND. After obtaining the signature of the City Engineer, and apDroval of the warrant by City Council, monies may be expended from this fund. APPROVED by the City Council on the first reading this ~-/ day of April, 1983. PASSED by the City Council of the City of Bremerton, Washington, signed by the Mayor and attested by the 1 City Clerk in authentication of such passage this _~_ day of ~, 1983. MORR I E 'DAWK I NS ~ Mayor ATTEST: KATHLEEN L. McCLUSKEY City Clerk