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HomeMy WebLinkAbout1715 0RDIi~A~GE 1~0. 1715 AN 0~II~NGE creating the State Development - Local Improvement District No. 229 fund, directing transfers to said ~nd and providing for a method of disbursement and declaring an emergency. ~i~ GITY 0F BREiV~RT0~ DOES ORDAIN: Section 1. The street f~d b~get for the ~ale~ar year includes an approp- riating of ~118,000 for certain public works therein desisted "Capitol Hill Sewer"; of the total appropriation ~39,000 is to be paid from the street i~nd, $20,000 from local improvement district assess~nts, a~ $59,000 from ~nds contributed by t~ ~ashington State Develop~nt B~rd, pursuit to C~pter 255, ~ws of 1945. Section 2. In order to comply with the laws of said State and t~ rmles of said Board, there is hereby created in t~ City of Bre~rton a ~nd to be known and designated as the "State Developm~t - L.I.D. 229 F~d". The treasurer is directed to tra~fer to said ~nd upon effective date of this. ~dinance, the s~ of $39,000 from the street ~nd, and upon collection of such assessments or sale of any bonds issued in payment for said imp~ve~nt, ~ place the proceeds in said fund. The treas~er is ~rther directed upon receipt of any funds from the Board for said public works 'to place the s~e in sam "State Development Local ~provement District No. 229 ~nd~ and pay warr~ts issued on said fund only after written authori~ ~s been received from the Board. Section 3. This ordinance shall be effective to tra~fer the appropriation of $118,000 hereinabove referred to from the street fund, ~d no further expenditure shall be made from said fund and charged to said appropriation. Sectlon 4. This ordinance is necessa~ for the preservation of the public health a~ in order to sec~e said i~nds from t~ State Develop~nt B~rd, ~d shall take effect i~ediately foll~ing fin~ passage ~d publication. ~PROVED ~animously by t~ City Co~cil of the City of Br~erton on first reading this llt~ day of Jan~, 1947. PASSED unanimously by t~ City Council of the City ~ Br~erton on second a~ fln~ reading this 18th day of J~ry, 1947. Attest: Mayor ~