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HomeMy WebLinkAbout2596 AN ORDINANCE transferring funds from the cumulative reserve funds for self insurance in the Water Depart- ment to the cumulative reserve fund for Water System Improvements and repealing Ordinance No. 1999. / THE CITY OF BREMERTON DOES ORDAIN: Section 1. That at a Special Election of the City of Bremerton, held on March 10,1964, the voters approved the following proposition by a vote of 2617 yes and 783 no. PROPOSITION Shall the City Council of the City of Bremerton be authorized to repeal ordinance ~1999 which established an cumulative reserve fund for self insurance in the Water Department and transfer all funds from said re- serve fund to the cumulative reserve fund for water system improvements. Section 2. That any and all funds in the cumulative reserve fund for self insuranct in the Water Department be and the same are hereby transferred to the cumulative reserve fund for Water System Improvement. Section 3. That ordinance %~1999 is hereby repealed. APPROVED on first reading this ~~, day of March, 1964. PASSED unanimously by the City Council of the City of Bremerton, signed by the Mayor and attested by the City Clerk in authentication of such passage this /~ day of April, 1964. H. O. DOMSTAD, MAYOR ATTEST: E.H.T. McGOWAN, CITY CLERK