HomeMy WebLinkAbout1839ORDINANCE NO. /S3 J
AN ORDINANCE of the City of Port Angeles amending
Ordinance No. 1804, and authorizing expenditure of
funds received in excess of the estimated revenues
for 1974.
WHEREAS the City of Port Angeles has received funds from
the Federal Government in connection with the installation of the
sewer and treatment plant for the City in the amount of $271,500.00
in excess of estimated receipts in the Sewer Fund as set forth in
Ordinance No. 1804 adopting the budget for the City for the year
1974;
AND WHEREAS it is advisable and in the best interests of the
City to apply said excess funds to the repayment of the loan from
the Light Department of the City for sewer construction;
NOW, THEREFORE, BE IT ORDAINED by the City Council of the
City of Port Angeles as follows:
Section 1: The budget item in Ordinance No. 1804 of the
City of Port Angeles showing anticipated revenues into the Sewer
Fund of the City be, and it hereby is amended to increase said
amount by $271,500.00.
Section 2: The Finance Department of the City of Port
Angeles is hereby authorized and directed to apply said sum of
$271,500.00 to the repayment of the existing loan from the Light
Department of the City to the Sewer Fund of the City, all in
accordance with R.C.W. 35A.33.120(4).
PASSED by the City Council of the City of Port Angeles and
approved by its Mayor at a regular session of the Council held
on the // day of December, 1974.
CITY OF PORT ANGELES
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PUBLISHED: ja/.;ao /7fZ
By
Mayor