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HomeMy WebLinkAbout2603 AN ORDINANCE establishing a fund to be known as the Sewerage System Improvement Fund, providing for appropriations of money into said fund, and specifying the purpose for which money from said fund may be withdrawn and expended. THE CITY OF BREMERTON DOES ORDAIN: Section 1. That the City of Bremerton has entered into an Agreement with the Housing and Home Finance Agency in which said Agency agrees to furnish to the City of Bremerton Twenty Six Thousand Four Hundred and No/100ths ($26,400.00) Dollars to defray engineer- ing fees for the preliminary planning for sewer system improvements as set forth in Contract No. H-602-3256. Said Agreement further provides that the City of Bremerton shall create a separate fund in keeping with the normal accounting practices of the City to which said money will be deposited. Section 2. That the City Treasurer is hereby authorized and directed to establish a fund to be known as the Sewerage System Im- provement Fund for the purpose of paying engineering fees for the purposes set forth in Section 1. Section 3. That there is hereby appropriated from funds to be received from the Federal Housing and Home Finance Agency the sum of Twenty Six Thousand Four Hundred and No/100ths ($26,400.00) Dollars. The City Treasurer is hereby authorized and directed to place ~n said fund all money received from the Federal Housing and Home Finance Agency pursuant to the above mentioned contract and in addition, any other funds which may be received by the City of Bre- merton from other sources for this specific purpose mentioned herein. APPROVED on first reading this 27th day of May, 1964. PASSED on second reading 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 JARSTAD, M.~or -