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HomeMy WebLinkAbout18-63 RESOLUTION NO. J1~(;.3 A RESOLUTION of the City of Port Angeles correcting an error and amending the 1963 budget. WHEREAS, on page 22 of the 1963 budget for the City of _ Port Angeles a fund is listed as "1953 Street ImpI'ovement Bond" which should have properly been designated as "1954 Street Im- provement Bond"; and WHEREAS, there is in existence a General Obligation Bond Fund for street improvements which was not listed in the 1963 budget at all, and which fund is in the amount of $6,788.03; and WHEREAS, all of the 1952 street improvement bonds have been retiI'ed, and the fund is a SUI'plus which could be used to retire 1954 street improvement bonds; now, therefore, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PORT ANGELES, as follows: Section 1. The fund designated as "1953 Street Improve- ment Bond" on page 22 of the 1963 budget is hereby amended to read "1954 Street Improvement Bond". Section 2. That $6,788.03 is hereby transferI'ed from the unlisted fund "1952 Street Improvement Bond" to the fund designated 111954 Street Improvement Bond". Section 3. That the above mentioned transfer is in the best interests of the City of Port Angeles. PASSED by the City Council of the City of Port Angeles e this 1-0 ~day of \, \(..1 p...J c:=- , 1963. ..... I r -. /" " -- ~'L'vv--o-jJp --- Mayor