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IT 1.. (�uil T.6_Yo
ORDINANCE NO . a s 7s-
AN ORDINANCE of the City of Port Angeles
creating a temporary, non - budgetary fund
for purposes of receiving, disbursing,
and accounting for funds received from
the Northern Tier Pipeline Company.
THE CITY COUNCIL of the City of Port Angeles do ordain
as follows:
1. There is hereby established a temporary non - budgetary
fund in the City Treasury called "Impact Assistance Fund."
2. The purpose of the Fund is to record receipts,
disbursements, investment transactions, and all other accounting
functions for monies received from Nothern Tier Pipeline Company
for impact assistance.
3. Said Fund shall be administered by the Director of
Administrative Services or his designee.
4. The Fund shall be administered according to account-
ing standards and charts of accounts prescribed by the Washington
State Department of State Auditor.
PASSED by the City Council of the City of Port Angeles
at a regular meeting of the Council held on the G day of
1980.
.• r
Attest:
Marian C. Parrish, City Clerk
Approved as to Form
Craig Miller, City Attorney
BLISHED:
l� /9T