HomeMy WebLinkAboutO-0491 - Cumulative reserve street fund established (Repealed by 1307)318
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Ap Ordinance proyi4ing fQJ;the estab1.:lshment of a Cumulative
Reser~e $treet Construction and Eqt,tipment.Fund.pursuant totha
provisions of RCIII'3.5.21.070 and 3.5.21.080.
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THE COUNCIL OF THE CITY OF MARYSVILLE DO ORDAIN AS FOLLOWS:
SECTION 1.There is hereby created and established a fund
to be designated ,as "Cumulative Reserve Street Construction
and Equipment Fund".__
SECTION 2~;That money shall be placed in said fund from
tiDle to time as directed by ordinance of the City Council.
and as may be provided for in the annual budget.
SECTION 3~That expenditures from said fund may be made'
by the City Council only for the purposes for which the fund
WAS createe!3;'
SECTION 4;~at the money in said f~nd shall never be
expended fo~any purposes than that specified without an
approving vote by a majority of the electors of the City in a
general or s~ecial election voting on a proposal sUbmittad--~o
the electors to allow other specific uses 'to be mad$of such
fund.
SECTION 5.That this Ordinance shall take e~fect and be in
force from and after its passage.approval.and five days
following its pUblication as required by law.
Passed by the Council of the City of Marysville this 10th day,."..-
of December,1962,
Approved by me this !2!h day of December.1962.
N.P.Gardner
ATTEST:
ft~elie Dockendorf
City Clerk
:Mayor
APPROVED AS TO FOR}I:
Walter Duncan
City Attor,l1ey
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This is to certify that the foregoing Ordinance is a true and correlct
coPy~Ordinance No.~o~the City of Marysville.Snohomish
county Washington and that the same was published according .'bo law
on the 13th day of December,196~.
Amelie Dockendorf
City Clerk
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