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HomeMy WebLinkAbout0509 Ordinance1 0 ORDINANCE N0, 509 3 AN ORDINANCE CREATING "CUMULATIVE RESERVE FUND FOR MUNICIPAL BUILDING, CONSTRUCTION, ALTERATION, AND REPAIR.` 4 THE CITY COU14CIL OF THE CITY OF PASCO DO ORDAIN AS FOLLOWS: 5 SECTION ONE. That the treasurer of the City of Pasco be, 6 and she is hereby directed to establish a fund to be known as 7 follows: "Cumulative Reserve Fund for Municipal Building, Con - 8 struction, Alteration, and Repair." Into said fund shall be 9 placed all moneys appropriated by the City Council to said 10 fund, and said moneys shall be allowed to accumulate from year 11 to year until the City Council shall determine to expend the 12 moneys in said fund for the purpose specified, and shall be used 13 for no other purpose except in the manner required by law. 14 SECTION TING. This Ordinance shall be in full force and 15 effect five (5) days after its passage, approval, and publication 16 17 PASSED .AND APPROVED THIS 19th DAY OF JANUARAj 1943. 18 Mayor 19 20 ATTEST: CL:,,tz, City C, er 21 APPRO D 0 OR1Vi 22 23 City At rney 24 W opo m i 27 W a - (7 m LL 28 Y a 29 a 31 32 Page