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HomeMy WebLinkAbout411 RESOLUTION NO. 411 WHEREAS, the City of Bremerton entered into a contrect on the llth day of December, 1940, with the Marine Drive Water District, a municipal corporation, under the terms of which certain monies collected from water users outside the city limits, comprising twenty per cent of the gross revenues collected by the City of Bremerton, have been deposited in a trust account, and WHEREAS, due to questions raised by Examiners of the Division of Municipal Corporations, said monies have not been paid over to the County Treasurer of Kitsap County as the Treasurer for said ~arine Drive Water District, and WHEREAS, the Marine Drive Water District instituted legal action in the Superior Court against the City of Bremerton, seeking a Judgment requiring the City of Bremerton to pay over said monies, and the Attorney General of the State of Washington has ruled that the contract hereinabove referred to is in all respects valid snd legal and that said trust monies should be paid over in conformance with the terms of the contract, and said legal action has been settled and dismissed, new therefore, BE IT RESOLVED by the City Council of the City of Bremerton that the City Treasurer be an,d he is hereby d~.rected to pay to the County Treasurer of Kitsap County as the Treasurer of the Marine Drive Water District, all trust monies accumulated in said fund up to the 1st day of January, 19~, and thereafter pay trust monies received quarterly to the County Treasurer as Treasurer of the Marine Drive Water District, in conformance with the terms of said contract. BE IT FURTHER RESOD~ED that under the terms of s similar contract, the City Treasurer of the City of Bremerton has an accumulated trust fund comprising twenty per cent of the gross revenues rec,ive~ from water users in the Phinney Bay Water District, that the circumstances recit..e~ in this resolution are equally applicable to the PhiRney Bay Water District and the City Treasurer is hereby directed to pay to the County Treasurer o£ Kitsap County as the Treasurer of the Phinney Bay Water District, all trust monies accumulated in said fund up to the 1st day of January, 1945, and thereafter pay trust monies received quarterly to the County Treasure~ as Treasurer of the ?hinney Bay Water D~strict, in conformance with the terms of said contract. PASSED by the City Council of the City of Bremerton, signed by t~e Mayor, and attested by the City Clerk in authentication thereof this llth day of JGnuary, 1945. Atte s t: ~ ~.~ ~e~.~l~,~o.~ ~0. ~ !~ o~ t~-~ ¢i~ Mayor / City ~lerk RESOLUTION NO. ~12