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HomeMy WebLinkAbout2451 AN ORDINANCE establishing a fund to be known as the Arterial Street Fund, providing for appropriations of money thereto, specifying the purposes for which money from said fund may be expended, and declaring an emergency. THE CITY OF BREMERTON DOES ORDAIN: Section 1. That the City Treasurer is hereby authorized and directed to establish a fund to be known as the Arterial Street Fund for the purpose of constructing, improving, and repairing major arterials, secondary arterials, and access streets within the City of Br emer ton. Section 2. That there is hereby appropriated any funds to be received from the State Treasurer under the provisions of Chapter 7, Laws of 1961 Extraordinary Session, to the Arterial Street Fund, and the City Treasurer is hereby authorized and directed to place in said fund any and all money received from the State Treasurer by virtue of said act of the Legislature and any other funds which may be received by the City of Bremerton from other sources or specifically appropriated by the City of Bremerton. Section 3. No warrants shall be issued upon the above- described fund until a proposed project is approved by the State Highway Department, Division of State Aid, for the construction, improvement, and repair of arterial highways (preViously classified and designated by the city under the provisions of RCW 35.78.010..) and until the city has appropriated a sum to said fund equal to One-fourth or more of the costs of the proposed project. Section 4. Chapter 7, Laws of 1961 Extraordinary Session, was passed with an emergency clause and is now in full force and effect and funds are now available to be placed in said Arterial Street Fund, as designated in the act, and that it is necessary that this fund be established immediately to comply with said state act; and an emergency exists and is hereby declared to exist and this ordinance is necessary for the present preservation of the public peace, health, safety, and welfare of the citizens of the City of Bremerton, and the same shall be in full force and effect following passage and publication. APPROVED on first reading this 21st day of June, 1961. 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 28th day of June, 1961. H. O. DO~T~, Mayor ATTEST: E. H. T. McG~, 'City Cierk