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HomeMy WebLinkAboutO-0208 - Current expense fund created (3.32)ORDINANCE NO.208. CURRENT EXPENSE FUND: AN ORDINANCE creating and establishing a current expense fund for the general municipalpr9perty tax for the 1919 and succeeding years. BE IT ORDAIh~D BY TIill TOwTI COUNCIL OF Trill TOlIN OF MARYSVILLE, WASHINGTON,as follows: SECTION I.That the fund for the general municipal property tax for the year 1919 and succeeding years be and the same is hereby created and established,to be known as the cur_ rent expense fund. SECTION 2.That all moneys collected from the taxes levied for the payment of current expenses shall be credited and applied by the 'l'reasurer to the "Current Expense Fund". SECTION 3.All moneys now in the hands,or hereafter to come into the hands,of the Treasurer to the credit .of what is now called and known as the General Fund,in excess of the amount necessary to pay any and all warrants outstand_ ing against said fund,shall be transferred and applied to the credit of the Current Expense Fund. SECTION 4.That ordinance No.23,and all ordinances and.parts of ordinances in conflict with the provisions of this ordin- ance,be and the same are hereby repealed. SECTION 5.This ordinance shall take effect and be in force from and after its p~ssage,approval and pUblication according to law. Passed on this 29th day of September,1919. Approved on this 29th day of September,1919. John Hilton, Mayor. Attest:Wm.E.Sauntry, Town Clerk. Published on the 3rd day of October,1919. 197