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ORDINANCE NO. //f..51
AN ORDINANCE of the City of Port Angeles amending
Ordinance No. 1840, and authorizing expenditure of
funds received in excess of the estimated revenues
for 1975.
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 amountoof $10d,600.00 in excess of estimated receipts in
the Sewer Fund as set forth in Ordinance No. 1840 adopting the budget for the
City for the year 1975;
AND WHEREAS it is advisable and in the best interests of the City
to apply a portion of said excess funds to the repayment of the loan from the
Current Expense Fund 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. 1840 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 $101,600.00.
Section 2: The Finance Department of the City of Port Angeles is
hereby authorized and directed to apply the sum of $80,000.00 to the repay-
ment of the existing loan from the Current Expense Fund 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 4¢04- day of
July, 1975.
ATTEST. +•��''>_
— 'City Cl
APPROVED AS 0
City Attotney
PUSLISHED:
/97S
CITY OF PORT ANGELES
Mayor