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HomeMy WebLinkAbout2217 ORDINANCE NO. 2217 AN ORDINANCE providing for the issuances of General Fund Warrants, and declaring an emergency. THE CITY OF BREMERTON LOES OfiDAIN: Section 1. That it is necessary to issue General Fund warrants For the purpose of paying the current running expenses of the City o£ Bremerton i'or the fiscal year of 1957 by reason of the fact that certain anticipated revenues have not been received and there is not sufficient amount in the General Fund to pay expenses. Section 2. Thei City Cl~rk of the City of Bremerton is hereby directed to draw General Fund warrants to pay current running expenses in an amount not exceeding 80~ of the u~col- lected revenues anticipated in the budget adopted for the fis- cal year 1957, and said warrants shall bear interest at the rate of 3~ per annum. Section 3. Zhat due to the failure to receive revenues as anticipated ~nd that the issuance of warrants is required for the carrying on of the necessary work of the City and for the present preservation of the public peace, health, safety and welfare of the citizens of Bremerton, an emergency exists and is hereby declared to exist and ~his ordinance shall take effect immediately following passage and publication. PASSED UNANIMOUSLY by the City Council of the City of Bremerton, signed by the Mayor and attested by the Clerk in authentication of such ~as~age this 6th day of March, 1957. ATTEST: H.O. EOMSTAD, Mgyor E.H.T. K'cGOWA~, 'City Clerk