HomeMy WebLinkAboutO-0776 - Fund for municipal purposes (Special)ORDINANCE NO 7~
ORDINANCE OF THE CITY OF MARYSVILLE
CREATING A FUND FOR THE GRANT FROM
THE ECONOMIC ASSISTANCE AUTHORITY OF
THE STATE OF WASHINGTON AND PROVIDING
FOR THE RECEIPT OF THE SAME IN INSTALL-
MENTS,AND PROVIDING FOR EXPENDITURES
OF THE SAME
WHEREAS,the C1ty of Marysvllle made appllcat10n for a
grant from the Econom1e Asslstance Author1ty of the State of
Washlngton for constructl0n of Edward Spr1ngs Reservolr,maln
replacement,and other proJects,and
WHEREAS,the C1ty of Marysvllle has determlned that 1t
15 In the best lnterests of the C1ty that the Edward Sprlngs
Reservo1r,the ma1n replacements and the other 1tems w1thln the
appl1cat1onfor the grant from the EconomlC Ass1stance Author1ty
be done,and
WHEREAS,the Econom1C Ass1stance Author1ty has glven
such a grant 1n the sum of $340,000,to'be pa1d 1n 1nstallments,,
NOW,THEREFORE,THE CITY COUNCIL OF THE CITY OF MARYSVILLE
DO ORDAIN AS FOLLOWS
Sect10n 1.There 15 hereby establ1shed a fund for the
Edward Springs Reservo1r,water malns,and other mun1c1pal related
1tems,the estlmated cost of Wh1Ch 15 declared to be as near as may
be the sum of $340,000,WhlCh est1mated cost shall be met and de-
frayed from the followlng source .
(a)From a grant ant1c1pated to be rece1ved from the
State of Wash1ngton In'the sum of $340,000,to
be rece1ved 1n lnstallments and to be expended
1n accordance wlth the rules and regulatlons of
the Econom1C Ass1stance Author1ty of the State
of Washlngton
Sectlon 2 ThlS ordlnance shall take effect from and
after ltS passage and flve (5)days followlng ltS publlcatlon as
provlded by law
PASSED by the Clty Councll of the Clty of Marysvllle
t.ha s .;/
ATTEST
day of ~
v
,1972
CITY OF MARYSVILLE
BY~