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HomeMy WebLinkAbout3462• ORDINANCE NO. 3462 AN ORDINANCE of the City Council of the City of Port Angeles, Washington, to close certain funds by repealing Ordinance 3352, Section 1 of Ordinance 3024, Section 1 of Ordinance 2812, and Section 2 of Ordinance 2556; transferring the remaining balances; and creating one new Internal Service Fund. WHEREAS, in order to implement best financial practices for compliance with Government Accounting Standards Board (GASB) Statement No. 54 and to accommodate needed changes in the City's 2012 budget structure; the City finds it necessary to create one new fund and close four existing funds. NOW, THEREFORE, the City Council of the City of Port Angeles does ordain as follows: Section 1. Ordinance No. 3352 establishing the Cultural Resources (Archaeologist) Fund is hereby repealed. All monies remaining in this fund shall be transferred into the new Internal Service Fund created by Section 5 of this ordinance. Section 2. Section 1 of Ordinance 3024 establishing the Electric Utility Rural Economic Development is hereby repealed. All monies remaining in this fund shall be transferred into Fund #103 the Economic Development Fund. Section 3. Section 1 of Ordinance 2812 establishing the Law Enforcement Fire Arms Range Fund is hereby repealed. All monies remaining in this fund shall be transferred into the General Fund. Section 4. Section 2 of Ordinance 2556 establishing the Drug Task Force Fund (Fund #182) is hereby repealed. All monies remaining in this fund shall be transferred into the General Fund. • Section 5. There is hereby established in the City Treasury a new fund entitled Internal Service Fund - Cultural Resources (Archaeologist) Fund for the fiscal administration, accounting and tracking of funding resources and expenses associated with work performed by the City archaeologist. The Director of Community and Economic Development is charged with the administration of the fund created in this section. Section 6 - 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 7 - 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 after its publication by summary. PASSED by the City Council of the City of Port Angeles, Washington, at its regular meeting on the 2nd day of October, 2012. ATTEST: Cherie Kidd, ayor APPROVED AS TO FORM: sa Hurd, City Clerk Wil iam E. Bloor, City A orney PUBLISHED: October 7, 2012 By Summary G \LEGAL\a ORDINANCES &RESOLUTIONS \ORDINANCES 2012\21 - Fund Closure 09 27 12 wpd • • Summaries of Ordinances Adopted by the Port Angeles City Council On October 2, 2012 Ordinance No. 3460 This Ordinance of the City of Port Angeles, Washington, vacates a portion of alley right -of -way in Port Angeles, Clallam County, Washington. Ordinance No. 3461 This Ordinance of the City of Port Angeles, Washington, amends the 2012 budget and funds. Ordinance No. 3462 This Ordinance of the City Council of the City of Port Angeles, Washington, closes certain funds by repealing Ordinance 3352, Section 1 of Ordinance 3024, Section 1 of Ordinance 2812, and Section 2 of Ordinance 2556; transfers the remaining balances; and creats one new Internal Service Fund. Ordinance No. 3463 This Ordinance of the City of Port Angeles, Washington, revises Chapter 10.20 of the Port Angeles Municipal Code relating to parking. 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. Publish: October 7, 2012 Janessa Hurd City Clerk