Loading...
HomeMy WebLinkAbout3371• • ORDINANCE NO. 3371 AN ORDINANCE of the City of Port Angeles, Washington, revising Chapter 3.42 of the Port Angeles Municipal Code relating to the Treatment Plant Operations and Maintenance Fund. THE CITY COUNCIL OF THE CITY OF PORT ANGELES DO HEREBY ORDAIN as follows: Section 1. Ordinance 3230, as amended, and Chapter 3.42 of the Port Angeles Municipal Code are hereby amended, to read as follows: Sections: 3.42.010 Fund Created. 3.42.015 Fund Subject to Conditions. 3.42.020 Expenditures. 3.42.030 °iron Expcndrtures. Restricted Cash Reserve. 3.42.040 Administration. 3.42.010 - Fund Created. There is hereby established in the City Treasury a fund for the fiscal administration and accounting of revenue appropriated from the Department of the Interior for upkeep, operation, maintenance, and repairs of the City of Port Angeles municipal water treatment plant (PAWTP) and Ranney Well improvements. Interest earnings on the fund shall be administered consistent with the City's current financial investment policy. Said fund shall be entitled "Treatment Plant Operating and Maintenance Fund." 3.42.015 - Fund Subject to Conditions. The City has received funds from the National Park Foundation and the National Park Service (NPS). The City recognizes and accepts the following conditions placed on money paid into this Fund by those entities: Restrictions on use of funds: A. Prior to substantial completion of the Pert Angeles Water Tieatinent Plant ( PAWTP), and Ranney Wc1l improvcmcnts, funds in the "Treatment Plant Operating and Maintenance Fund" shall be used only for required costs of operating and preparing to operate the PAWTP and Ranney Well improvements. B. All restrictions imposed by this section on use of the OM &R funds will cease when the PAWTP : : ' :• • .. • construction is substantially complete. C. Restricted Cash Reserve. The amount of $1,100,000.00 in the Treatment Plant O eratin and Maintenance Fund shall be restricted from an use other than the reserve re s uired b the terms of the Ci 's outstandin • 1998 or 2003 Water /Wastewater revenue bonds or any bond or bonds issued later to refund one or both of those bonds. • • 3.42.020 - Expenditures. The "Treatment Plant Operating and Maintenance Fund" shall be used and expended only (1) for the payment of necessary or proper expenditures or obligations incurred in or incident to the repair, upkeep, maintenance or operation of the Pmt Angeles Municipal Water Trcatmcnt Plant PAWTP and Ranney Well systems improvements, and 2 usual expenses related to the administration of the fund, and its equitable share of (3) as authorized in section 3.43.030 below • ' ' Disbursements shall be made out of said fund upon the request of the Director of Public Works and Utilities to defray such costs and expenses. 3.42.030 - Limitation on Expenditures. Restricted Cash Reserve. Port Angeles Watci Trcatmcnt Plant. The City's Director of Finance is authorized to restrict so much of the "Treatment Plant Operating and Maintenance Fund" as may be necessary to satisfy the reserve required by the terms of the refunded Water /Wastewater revenue bonds issued in 1998 and 2003. Any such restriction shall be stated in writing and filed with the City Clerk, and comply with Municipal Securities Continuing Disclosure. 3.42.040 - Administration. The Finance Director is charged with the administration of said fund. Section 2 - Corrections. The City Clerk and the codifiers of this ordinance are authorized to make necessary corrections to this ordinance including, but not limited to, the correction of the scrivener's /clerical errors, references, ordinance numbering, section/subsection numbers and any references thereto. Section 3 - Severability. If any provisions of this Ordinance, or its application to any person or circumstances, are held invalid, the remainder of the Ordinance, or application of the provisions of the Ordinance to other persons or circumstances, is not affected. Section 4 - Effective Date. This Ordinance, being an exercise of a power specifically delegated to the City legislative body, is not subject to referendum. This ordinance shall take effect five days following the date of its publication by summary. PASSED by the City Council of the City of Port Angeles at a regular meeting of said Council held on the 4th day of August, 2009. -2- • • ATTEST: Becky J. U n, ity Cler PUBLISHED: August 9 , 2009 By Summary AP' ' OVED AS 0 FORM: . //i 1i E : oor, City Attorney G:U.egal_ Backup \ORDINANCES &RESOLUTIONS \ORDINANCES.2009 \9 - Treatment Plant O &M Fund.072909.wpd -3- Summaries of Ordinances Adopted by the Port Angeles City Council on August 4, 2009 Ordinance No. 3369 This Ordinance of the City of Port Angeles, Washington, rezones Lots 11 and 12 of Block 239, and Lots 9 and 10 of Block 260, Townsite of Port Angeles, from Residential Single Family (RS- 7) to Commercial Office (CO). Ordinance No. 3370 This Ordinance of the City of Port Angeles, Washington, approves the 13 -lot subdivision in the RS -9 zone known as JOKRIJO Subdivision. Ordinance No. 3371 This Ordinance of the City of Port Angeles, Washington, revises Chapter 3.42 of the Port Angeles Municipal Code relating to the Treatment Plant Operations and Maintenance Fund. Ordinance No. 3372 This Ordinance of the City of Port Angeles, Washington, revises Chapter 3.70 of the Port Angeles Municipal Code relating to Medic I Charges. Ordinance No. 3373 This Ordinance of the City of Port Angeles, Washington, adopts a Facade and Signage Improvement Program. The full texts of the Ordinances are available at City Hall in the City Clerk's office, on the City's website at www.cityofpa.us , or will be mailed upon request. Office hours are Monday through Thursday, 8:30 a.m. to 4:00 p.m., and Friday, 8:30 a.m. to 12:30 p.m. These Ordinances shall take effect five days following the date of publication by summary. Becky J. Upton, MMC City Clerk Publish: August 9, 2009