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HomeMy WebLinkAbout3129 ORDINANCE NO. AN ORDINANCE amending Ordinance No. 1939 and repealing Ordinance No. 2881 and 2945, and fixing the rate of interest on all 9eneral City Warrants issued by the City of Bremertpn; and declaring an emergency. THE CITY OF BREMERTON DOES ORDAIN: SECTION 1: That Ordinances No. 2881 and 2945 are hereby repealed. SECTION 2: That Section 1 of Ordinance No. 1939 is hereby amended to read as follows: Section 1: That all 9eneral City Warrants dated subsequent to the effective date of this Ordinance and issued by the City of Bremerton against any of the funds of the City shall bear interest at the rate of Five Per Cent ( 5% ) per annum from the date of presentment of such warrant for payment at the office of the City Treasurer, and his payment at the office of the City Treasurer, and his endorsement of such presentation thereon, until such warrant is regularly called by notice, or otherwise paid or certified, as provided by law. SECTION 3: That an emergency exists and is hereby declared to exist, and this Ordinance is necessary for the immediate preservation of the public peace, health and safety of the citizens o~ the City of Bremerton and this Ordinance should take and be effective immediately following passage and publication. 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 May, 1974. ~'~GLENN K. JARSTA~Mayor ATTEST:.~ G.~C.' yj~ADON, SR.' "~" ' Clerk