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HomeMy WebLinkAbout1872ORDINANCE NO. /,77 AN ORDINANCE amending Ordinance No. 1840 of the City of Port Angeles by decreasing the ex- penditure appropriation for the Street Fund of the City and transferring portions of this appropriation to the Water Fund, Sewer Fund, and Firemen's Pension Fund of the City. WHEREAS, as a result of the FAM project for installing street lights on First and Front Streets in the City not being carried out in the year 1975 there is an unexpended expenditure appropriation in the Street Fund of the City in the sum of $205,000; and WHEREAS, there were unanticipated operating expenses and additional water main projects affecting the Water Fund of the City, unanticipated operating expenses affecting the Sewer Fund of the City, and unanticipated adjustments to Pension Payments affecting the Firemen's Pension Fund of the City and the City Council finds that it is in the best interests of the City to decrease a portion of the total expenditure appropriations provided for the Street Fund for 1975 and reappropriate them to the Water, Sewer and Firemen's Pension Funds of the City; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PORT ANGELES DO ORDAIN as follows: Section 1. The expenditure appropriation for the Street Fund for the City of Port Angeles is hereby decreased by $153,500. Section 2. The sum of $120,000 from the expenditure appropriation released from the Street Fund by Section 1 above, be, and the same is hereby reappropriated for and transferred to the expenditure appropriation for the Water Fund. Section 3. The sum of $22,500 from the monies released from the Street Fund by Section 1 above, be, and the same is hereby reappropriated for and transferred to the Sewer Fund. • Section 4. The sum of $11,000 from the monies released from the Street Fund by Section 1 above, be, and the same is hereby reappropriated for and transferred to the Firemen's Pension Fund. PASSED BY the unanimous vote of the City Council of the City of Port Angeles and approved by its Mayor at a regular meeting of the Council held on the O day of , 1976. ATTEST: City - Clerk.. /a n APPROVED'AS-T0 ORM: City Attorney PUBLISHED: as 97‘.- 4alw AYOR