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HomeMy WebLinkAbout2453 AN ORDINANCE providing for the establishment of a special fund to be known as the Marine Drive Water District Betterment Fund and providing for the deposit of funds therein and the disbursement ther eof. T~ CITY OF BRKMERTON DOES ORDAIN= Section 1. That the City Treasurer is hereby authorized and directed to establish a special fund to be known as the Marine Drive Water District Betterment Fund. Section 2. That the City Treasurer is hereby authorized and directed to place in said fund any funds of said water district accruing to the City of Bremerton under the provisions of RCW 35.13.220 through 35.13.240 because of the annexation of any part or the whole of said Marine Drive Water District. Section 3. That any funds received through said annexa- tion shall only be expended in the area so annexed for the betterment, extension, repair and maintenance of the water supply system of the City of Bremerton in said area. Said fund shall be expended under the direction of the City Council. APPROVED on first reading this 26th day of July, 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 2nd day of August, 1961. , ...... H. O. D~TAD, Mayor ATTEST = E. H. 'T. M¢~O~N,~ City Clerk