HomeMy WebLinkAbout0855 OrdinanceORDINANCE NO.
AN ORDINANCE ESTABLISHING A SPECIAL FUND DESIGNATED
AS. " PERMANENT STREET CONSTRUCTION AND STORM SEWER
CONSTRUCTION RESERVE. FUND".
THE. CITY COUNCIL OF THE CITY OF PASCO DO ORDAIN AS FOLLOWS:
Section 1. There is hereby established a special fund designated as
"Permanent Street Construction and. Storm Sewer Construction Reserve. Fund".
The :monies in said fund shall be used for permanent street construction and
storm sewer construction, and the monies in said fund may be expended in
co-operation with a Local Improvement District to that extent established by
the City Council from time to time.
Section 2. There shall be transferred from the Street Fund to the
Permanent Street Construction and Storm Sewer Construction Reserve Fund,
from time to time, sufficient monies to accomplish: the purpose or purposes
herein set forth; provided that said transfer shall not exceed $45, 000. 00 dur-
ing the year 1956.
Section 3. This. Ordinance shall be in full force and effect five (5) days.
after its passage and publication as required by law.
PASSED by the. City Council and APPROVED by the Mayor on the_
day of Dec-e�.�ber-.; 9 5"'
YOR
ATTEST:
City Clerk
A OVED
AS;
7.
�FORM:
City Attorney
PU LISHED: