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HomeMy WebLinkAboutOrdinance No. 0403CITYOFMEDINAORDINANCENO403ANORDINANCEcreatingaCAPITALPROJECTSFUNDTHECITYCOUNCILOFTHECITYOFHEDINADOORDAINASFOLLOWSSection2ThepurposeoftheCapitalProjectsFundistosegregatetheaccountingofvariousstormdrainageimprovementssothatdifferentintergovermnentalprojectsarefinancedandaccountedforseparatelySection3TheamountoffundstobesetasideintheCapitalProjectsFundforthispurposeshallbedeterminedbytheCityCouncilofMedinainaccordancewithapplicablerulesoftheDivisionOfMunicipalCorporationsOfficeofStateAuditorSection4EffectiveDateThisordinanceshallbepublishedimmediatelyandtakeeffectonJanuaryllgBSPASSEDBYatleastonemorethanamajorityoftheCityCouncilonthelOthdayofDecemberlgB4andsignedinauthenticationofsuchpassageonthesamedayPeteVallSpinosaMayorProTenATTESTEDDellaMWyattCityClrk