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HomeMy WebLinkAbout2324 ORDINanCE NO. 2324 AN ORDINANCE establishing a CumulatfEe Reserve Fund for General Municipal Purposes, specifying the purposes for which moneys from the said fund may be expended, and specifying the sources of'revenue to said fund. THE CITY OF BREMERTON DOES ORDAIN: Section 1. The City Treasurer of'the City of~Bremerton is authorized and directed to establish a Ctm~ulative Reserve Fund for General Municipal Purposes. Section 2. Moneys may be expended froms aid cumulative serve fund under the direction of the City Council of the City of Bremerton for: (a) Acquisition or improvement of land and buildings for any municipal purposes; (b) Construction, alteration or repair of any public build- ing, structure or facility. (c) Acquisition of furniture, fixtures and equipment for any municipal building, or for any municipal purposes, and (d) Costs incidental to relocating and the providing of service by city departments during construction or reconstruc- tion of municipal buildings. Section 3. The City Treasurer is authorized and directed to I place in said' fund all the proceeds of the sale of the Sheridan Park Fire Station, and all the proceeds of the sale of the Civic Center building, and funds from other sources as may be directed. ............ APPROVED on first reading this 1Vth day of February, 1959. 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 25th day of February, 1959. ATTEST: DOMSTAD, Mayor E.H.T. McGOWAN, ~City Clerk