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HomeMy WebLinkAboutOrdinance No. 0051PITYOFMEDINAORDINANCENOANORDINANCEmakingtransfersinthe1957BudgetWHEREAStheassessedvaluationoftheCityofRedinsforpurposesoftaxlevieshasbeenincreasedbeyonditsestimatedamountAtthetimethatthe1957BudgetwasadoptedtotheendthattheappropriationthereinwasinadequateastoMaintenanceandOperationinparticularreferencetothecostofthelibrarycontractbasedontwomillsofsuchassessedvaluationandWHEREAStheappropriationinthe1957BudgetforsalariesandwageswasinadequatemoreparticularlyastotheitemoftheCitysshareofsocialsecuritybyreasonofitshavingbeenestimatedattherateoftwopercentratherthan225whichbecamemandatoryonJanuaryIoftheyearandWHEREASanappropriationforredeeminginterestbearirwarrantsauthorizedinthe1956BudgetwillnotbeexpendedbecausenosuchinterestingbearingwarrantswereissuednowthereforeTHECITYCOUNCILOFTHECITY0FMEDINADOORDAINASFOLLOWSSection1FlndinofInterestItistothebestinterestoftheCityofRedinsthatthetransferstobemadebythisordinancebemadesothattheCitycanobserveitscontractobligationsastoitslibrarycontractwithKingCountyandthatrelatingtosocialsecuritywiththeStateofWashingtonSection2TransfersBetweenClassesTheappropriationforMaintenanceandOperationisincreasedbytheamountof5A32inparticularreferencetotheitemLibraryContracttheappropriationforSalariesandWagesisincreasedbytheamountof2500inparticularreferencetotheitemCitysShareofSocialSecurityandtheappropriationforInterestandDebtRedemptionisreducedbytheamountof3032Section3CodeReferenceAllsectionshereofshallbeconsideredoftemporaryorspecialeffectSection4EffectiveDateThisordinanceshalltakeeffectonthe17thdayofJune1957PASSEDbyatleastonemorethanamajorityoftheCityCouncilonthe10thdayofJune1957andsignedinauthentioatienefitspassagethesamedayApprovedastoformeStephenFChawickCityAttorneyATTESTsMAYOR