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HomeMy WebLinkAboutOrdinance No. 0101cmmYOFEDmNAOPDINANCENOOaCumulativeReserveFundforfireprotecktionlandCiviCentefacilitiesincludinglandacquisitionandimRovemSnttherofincidentaltosuchfacilitieslimitinganyexpendituresfromsuchfundothepurposesspecifiedTHECITYCOUNCILOFTHECITYOFMEDINADOORDAINASFOLLOWSIikUSection1cumulativeReserveFundforFireProtectionandCivicCenterFacilitiesThereisherebyestablishedbytheCityofMedinaafunddesignatedasCumulativeReserveFundforFireProtectionandCivicCen5erFacilitiessaidfundbeingcreatedpursuanttotheprovisionsofChapter38Lawsof1953oftheStateofWashingtonEoprovidefundsforthepurchaseoffireorotectionandciviccenterfacilitiesincludinglandtheimprovementthereofsuppliesmaterialandequipmentconstitutingapartofsuchfireprotectionorCivicCenterFacilitiesandfortheplanningpurchaseorconstructionthereoforfortheretirementofindebtednessincurredforthesameSection2ExpendituresfromCumulativeReserveFundLimitedAnyandallexpendituresfomtheCumulativeReserveFundestablishedbySectionihereofshallbemadeonlypursuanttofurthercouncilapprovalexpressedbyordinanceandshallbelimitedtothepurposesspecifiedinsaidSectioniunlessandotheextentthatanyexpenditureforadifferentpurposebeapprovedbyavotebyamajorityoftheelectorsoftheCityofedinaatageneralorspecialelectionvotingonaoroposalsubmittedtosuchelectorstoallowotherspecifiedusestobemadeofsaidfundoneysremaininginsaidfundattheendoftheyearshalnotlapsebutshallaccumulateuntilexpendedashereinlimitedSection3CodeReferenceSection1ofOrdinanceNo87andSectioniofthisordinanceshallconstituteSections22010an2201OftheNedinaCoderespectivelyanSection2ofOrdinanceNo87andSection2ofthisordinanceshallconstituteSection21020oftheedinaCodeandallotherSectionshereofshallbeconsideredofspecialortemporaryeffectSectionEffectiveDateThisordinanceshallbecomeeffectiveuponthedayofOctober1960PASSEDbyheCityCouncilonthedayofOctober1960andsignedinauthenticationofitspassagethesamedaypVedastoformFCHADWICKJR1ARYFITZGEHALDgityClerkROBERTJBEHNKEMAYOR