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HomeMy WebLinkAboutOrdinance No. 0141CITOFMEDINAORDINANCEliOAiNANCZrlatingSpecialFundsoftheCitycreatinewOumuttiveResereFundforPardsStructuresandItimprovementsprovidingforeationoftheCulatlveReserveFundforgeneralmunicipalpuosesuponexpendltdreOfhebalancesremainingthere2assiingrimhersandaltermatedesiationsastoremainingSpecialTHECITYCOUlqCILOFTJCITY0FMEDINADOORDAINjiSeGtton1SllminRionofOulalveResepveforOenerMuniCipalidposesoreareabyOrdlnceNoThaCmulativeReservePdforGenerelMictpalPposescreatedbyOrdinanceNo87ofhecityshltetnaeattheearliesttimewhenallmoniesinsaidfdshallhavebeenexhaustedijSectOnCultiveRserveforPardstctesdoterCapitalImprovementsThereisrebystabiishedbyheCityofMedlnaad8eslatedulativeReserveFdforParklandsStrUcturesdCapitalImprovementswhichfmdmayalsobeknoddesizatedGuletlveHeserveFundNosaidCundtscreatedpursuanttoprovisionsofChapter38Lawsof1953oftheStateofWashingtonoprovidefundsfortheputobeseefrealpropertyoryinterestthereinforpksparkstructuresOfteandcapitalimprovementstoparksdftherpurchaseofsuppliesmatePialequipmentdlaborandservicesincomectionwithsaidpurposesSection3AlternativellLunberedDesiEnattonsareherebyapprovedasoeacheoninulnESpecialFundoftheCityasfellowesCumulativeReserveFUndforFireProtectiondOivicFacllitiesOrdinanceNot0CnnulativeReserveFuDdNolCulaliveeserveFundforParklandsStructuresandCapitalImprovementsCumulativeReserveFundNo21959UnlimitedTaxLevyGeneralObligationBondRedemptionFundondedemptionandInterestFundNol1959LimitedTaxLevyGeneralObligationBondRedemptionFundBondRedemptionandInteresFundNo2andlg61UnlimitedTaxLevyGeneralObligationBondRedemptionFundBondRedemptionandIntePeStFundNo3CodeReferenceSectionkSections1and2hereofshallconstituteSectleAs22011and220olLoftheMedInaCoderespectivelyandallOthersectionshereofShallbeconsideredofspselalortemporaryeffectSectionEffectiveDateThisOrdinmneshallbecomeeffectiveuponthedayofNovemberi962ASSERbytheCityComcllonthe12tdayofNovember1962ndsignedinauthenticatlonofitspassagethesamedayastformYPHENFCHADiCKCityAttorneyZSTLMAYOR