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HomeMy WebLinkAboutOrdinance No. 0217CITYOFDINAORDINANCENOANORDINANCapprovingexpenditureofallremainingmoniesheretoforeappropriatedtotheCumulativeReserveFundforGeneralMunicipalPurposescreatedbyOrdinanceNO87whichremainnotwithstandingtheauthorizationofexpenditurescontainedinOrdinanceNO140saidfundhavinggrownbytheaccumulationofinterestTHECITYCOUNCILOFTHECITYOFMEDINADOORDAINASFOLLOWSSection1TransferandexpenditureaprovedAllremainingmoniescontainedintheCumulativeReserveFunforGeneralMunicipalPurposescreatedbyOrdinanceNO87aredirectedtobetransferredtotheCitytreetFundandthereaftertobeexpendedasneededtogetherwiththeappropriationforConstructionofRoadsandBridgesallwiththeeffectofincreasingthe1967appropriationthereforby493934to3962484section2PurposeandrepealItistheintentionofthisordinancetoeliminatetheCumulativeReserveFundforGeneralMunicipalPurposesbyprovidingforexpenditureofallmoniesremainingthereinfrompriorappropriationstheretoandinsolafasSectioniofOrdinanceNO140isinconsistentandhasnotbeensofarexecutedthesameisherebyrepealedSection3CodereferenceAllsectionshereofshallbeconsideredofspecialortemporaryeffectSectiOn4EffectivedateThisordinanceshallbecomeeffectiveonthe19thdayofJune1967PASSEDbytheCityCouncilonthe12thdayofJune1967andsignedinauthenticationofitspassageonthesamedateMAYORATTESTBernioeSowdeWCityClerk