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HomeMy WebLinkAbout3526 ORDINANCE NO. 2 6 AN ORDINANCE of the City Council of the City of Port Angeles, Washington, closing the Economic Development Fund (Fund 4103) and Port Angeles Works Fund(Fund#110). 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 budget structure, the City finds it necessary to close the Economic Development Fund and Port Angeles Works Fund and to transfer remaining assets into existing funds, NOW, THEREFORE, the City Council of the City of Port Angeles do ordain as follows: Section 1. Ordinance No. 2973 as amended by Ordinance No. 3005 (name change)and PAMC Section 3.15.015,establishing the Economic Development Fund and Port Angeles Works Fund are hereby repealed; and all monies remaining in those Funds shall be transferred into the general fund. Section 2 - 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 3 - 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 16t" day of December, 2014. Dan Di Guilio, Mayor ATTEST: APPROVED AS TO FORM: Aenfe Veneklasen, William E. Bloor, City Attorney PUBLISHED: L) By Summary Sununary of Ordinance Adopted by the Port Angeles City Council on December 16, 2014 Ordinance No.3525 THIS ORDINANCE of the City of Port Angeles, Washington, makes changes to Chapter 13.12.040 of the Port Angeles Municipal Code relating to general service. This Ordinance shall take effect five days after publication of summary. Ordinance No.3526 THIS ORDINANCE of the City of Port Angeles, Washington, closes the Economic Development Fund (Fund#103) and Port Angeles Works Fund(Fund#110). This Ordinance shall take effect five days after publication of summary. Ordinance No.3527 THIS ORDINANCE of the City of Port Angeles, Washington, relates to Telecommunications Chapter 13.53 of the Port Angeles Municipal Code This Ordinance shall take effect five days after publication of summary. Ordinance No.3528 THIS ORDINANCE of the City of Port Angeles, Washington, closes the Teleconmunications Fund (Fund#431). This Ordinance shall take effect five days after publication of summary. 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 Friday 8:00 a.m. to 5:00 p.m. Jennifer Veneklasen City Clerk Published: December 24, 2014