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HomeMy WebLinkAbout1061 OrdinanceORDINANCE NO, / AN ORDINANCE DECLARING AN EMERGENCY IN THE PARK DEPARTMENT FUND OF THE CITY OF PASCO, APPROPRIATING THE SUM OF $1, 200 FOR THE PURCHASE OF PROPERTY IN MEMORIAL PARK, AND PROVIDING FOR A TEMPORARY TRANSFER LOAN FROM THE WATER DEPARTMENT FUND,' WHEREAS, the sum of $1, 200 is needed to purchase two lots in Memorial Park which the City has just discovered it does not own, although it has been occupying said lots for many years, and WHEREAS, an emergency exists relating to the need for such moneys which emergency is one other than those set forth in R,C,W,35,33,010, and WHEREAS, the City Council deems it advisable to make a temporary transfer loan from the Water Department Fund to the Park Department Fund to provide the necessary moneys for said emergency, NOW, THEREFORE, AS FOLLOWS: THE CITY COUNCIL OF THE CITY OF `PASCO DO- ORDAIN Section 1, There is hereby appropriated the sum of $1, 200 from the Park Department Fund of the City of Pasco to meet the existing emergency in said Fund to pay for the purchase of two lots in Memorial Park, Section 2, The sum of $1, 200 shall be transferred from the Water Department Fund to the Park Department Fund as a temporary transfer loan to meet said emergency. Provisions for repayment of said loan shall be made in the 1963 budget, and the loan shall bear interest at the rate of 37o per annum. This loan has been approved by the Finance Committee of the City of Pasco. i V X11 � Section 3. This ordinance shall be in full force and effect after its passage and publication as required by law, FAQ D by the City Council. and APPROVED by the Mayor this / day o , 1962. ATTEST: City -C Appro . as to form: v City Attorney. M,A O R zv - -/ y,/, z P'um ished