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HomeMy WebLinkAbout1474ORDINANCE NO. AN ORDINANCE of the City of Port Angeles creating a special fund for the construction, improvement and repair of arterial highways. WHEREAS, the 1961 Washington State legislature has made provision for the payment of a portion of the State gasoline tax to cities and towns for the purpose of construction, improvement and repair of arterial highways; and WHEREAS, it is necessary that a separate fund be created into which will be paid funds received from the State and match- ing funds from the City; now, therefore, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF PORT ANGELES that there is hereby created a special fund to be desig- nated as "Arterial Highway Fund" into which shall be deposited all funds received by the City by virtue of Chapter 7, Laws of 1961, Extraordinary Session, and City matching funds, said funds to be expended in accordance with the provisions of Chapter 7, Laws of 1961, Extraordinary Session, and other applicable statutes. PASSED by the City Council of the City of Port Angeles and approved by its Mayor at a regular meeting of the Council held on the 6th day of July, 1961. Attest: City Clerk Approved as to form: 4r, .,f7y City Att P �LISHED: i l r'/ lfn...c/a L, V�^ Mayor