HomeMy WebLinkAbout2215 Ordinance'Veils, City Clerk
APP OVED AS TO FORM:
. 7
ORDINANCE NO. 2215
AN ORDINANCE relating to an interfund loan from the Stadium
Convention Center Fund to the Comprehensive
Employment Training Act (CETA) Fund for the purpose
of keeping the CETA Fund solvent until the city
receives reimbursement.
THE CITY COUNCIL OF THE CITY OF PASCO DOES ORDAIN AS FOLLOWS:
Section 1. The City Council finds that it is in the best interest
of the City of Pasco to allow a temporary transfer of funds from the
Stadium Convention Center Fund to the Comprehensive Employment
Training Act (CETA) Fund. This transfer shall be an interfund loan.
The amount of the transfer shall be in such amount as determined by
the Finance Director as needed to keep the CETA Fund solvent but not
to exceed forty thousand & 00/100 ($40,000) dollars. This temporary
transfer shall not be for a period greater than three months from
the effective date of this ordinance.
Interest shall be charged at the rate of eight percent per annum.
The interest expense is to be borne by those City funds relating to
those departments that benefit from the CETA employees and shall be
spread pro rata in the amount of said benefit determined by the expenses
for said CETA employees.
This interfund loan is necessary to keep the CETA Fund solvent.
Although the City is reimbursed for the expenses of CETA employees,
this reimbursement does not occur until after expenditures are made
for the salary and other personnel expenses of those employees. The
purpose of this loan is to keep the CETA fund solvent until said
reimbursement is received.
Section 2. This ordinance shall be in full force and effect after
its passage and publication as required by law.
PASSED by the City Council of the City of Pasco this 15 day of
Pecember , 1980.
Chet Bailie, Mayor
C,---------
Dennis J. D Fel e, City Attorney
N.
Ordinance No 2215
An ordinance relating to
on iljerfund loan from the
Stadluth Convention Center
Fund to the Comprehensive
Employment Training Act
(CETA) Fund for the pur-
pose of keeping the CETA
Fund solvent until the city
receives reimbursement
The City Council of The I
City Of Pasco does ordain
as follows
Section 1 The City Coun-
cil finds that It is In the
best interest of the City of
Pasco to allow a temporary
transfer of funds from the
Stadium Convention Center
Fund to the Comprehensive
Employment Training Act
(CETA) Fund This transfer
shall be an itherfund loan
The amount of the transfer
shall be In such amount as
determined by the Finance
Director as needed to keep ,
the CETA Fund solvent but
not to er zed forty thou
sand & 00 ($40,000) dol-
la r s Th's temporary
transfer shall not be for a
'Period great ,r than three
months fronl the effective
date of this ordinance
Interest shall be charged,
at the rate of eight percent,
per annum The interest ex
pense is to be borne by
those City funds relating to
those departments that ben
efit from the CETA employ-
! ees and shall be spread
pro rota in the amount of
said benefit determined by
the expenses for said CETA
employees
This interfund loan Is nec-
essary to keep the CETA
Fund solvent Although the
City Is reimbursed for the
expenses of CETA employ
ees, this reimbursement
does not occur until offer
expenditures are made for
the salary and other per
sonnet expenses of those
employees The purpose of
this loan is to keep the
CETA fund solvent until
said reimbursement Is
received
Section 2 This ordinance
shall be in full force and
effect offer its passage and
Publication as required by
law
Passed by the City Coun
cil of the City of Pasco this
15 day of December, 1980
s Chet Bailie,
Mayor
Attest
-s- Evelyn Wells,
City Clerk
Approved as to Form
-s- Dennis J De Felice,
City Attorney
Legal No 9631 — Dec 21,
1980
AFFIDAVIT OF PUBLICATION
COUNTY OF
Franklin
)ss
STATE OF WASHINGTON
Phyllis Graves , being first duly sworn on oath deposes
she Principal Clerk and says is the of the Tri-City Herald,
a daily newspaper That said newspaper is a legal newspaper and has been approved as a
legal newspaper by order of the superior court in the county in which it is published and
it is now and has been for more than six months prior to the date of the publication
hereinafter referred to, published in the English language continually as a daily news-
Franklin paper in County,
Washington, and is now and during all of said time was printed in an office maintained
at the aforesaid place of publication of said newspaper That the annexed is a true
copy of a legal advertisement
Ord. # 2215
as it was printed in the regular and entire issue of the Tr-City Herald itself and not in a
supplement thereof, for a period of one time XXOVICOMMIEFAm commencing
on the 21s t day of
Dec. ,19 80, and
ending on the day of , 19 , and that said
newspaper was regularly distributed to its subscribers during all of this period
That the full amount of $ 42 . 00
has been paid in full, also at the rate of
7 in.@ 6.00 = 42„00
Subscribed and sworn to before me this 22nd Dec. day of ,19 80
d
Notary Public in and for the State of Washington residing at Pasco