HomeMy WebLinkAboutO-0746 - Emergency appropriation (Special)•'I,·
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ORDINANCE NO.7!/!e-
AN ORDINANCE OF THE CITY OF MARYSVILLE
AUTHORI:Z ING THE EXPEND'IIURE OF MO'NEY NOT
J;>ROV:(DED fOR I:N THE ANNUAL BUDGET fOR THE
YEAR 1971 AND DECLARING A PUBL IC EMERGENCY
WHEREAS,the Utility Construction Fund and Water and Sew~r
Revenue Fund are both overdrawn due'to ex t r aor d In ar y cons t ruc t i.on ' '
costs and unanticipa,ted capital expenditures;and
WHEREAS,it could not have been reasonably foreseen at the
time ef filing the preliminary budget for the year 197'1 that such
extraordinary expenditures would be,necessary;and
WHEREAS,monies',were'borrowed,from another city fund to
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pay the €xcess expenditures of the aforementioned funds;and
WHEREAS,an eme!gency now exists to reimburse the fund
from which these monies were borrowed on behalf of the Water &Sewer
Revenue Fund and the Utility Construction Fund,
NOW,THEREFORE,THE CITy'COUNCIL OF THE CIty OF MARYSVILLE
DO ORDAIN,AS FOLLOWS:
Section 1.That ~he amount required to meet this
emergency shall not exceed the sum of $90,000.00.
Section 2.That th.e City Clerk is hereby directed to
issue registered warrants against the Utility Construction Fund,
$60,000'.00,and t he Water &Sewer Revenue Fund,$30,000.00,in the
total amount Of $90,000.00.
Se'c'tion3.Tha t this ordinance shall be put to a vote
of the City Council on June 28 v 1971.
Section 4.That for its passage this.ordinance shall
require the vote of one more than a majority of all members of the
legislative body of the City.
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Section 5.Tha t all o rd.i.nance s,-or 'parts of ordinances,
in conf l ic t he rewi.t.h are hereby repe'aled.',··'
Section 6.'I'ha t cth.i s yo r d i.nance sh.a l.I t ake effect from
and after its l?assa.ge~approval and £~ve (5).d~rs ·fo11o'wi.ng i~s'
publ:i-cat£Qn a,s'required by law.-
fASSED by the City Council of the City of Marysville this
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day o~June,1971,
CITY'OF MARYS,VILLE
ATTEST:
APPROVED AS TO FORM: