HomeMy WebLinkAbout3427Ordinance No. 3427
["Beginning July 1, 1998"]
(Amending or Repealing Ordinances)
Amending Ords. 3384 & 3416
ORDINANCE NO. .3 V a.11
AN ORDINANCE of the City of Kent, Washington,
amending the 1998 Budget for adjustments made since July
1, 1998 and authorizing an additional line of credit from the
General Fund to the Housing and Community Development
Fund (CDBG) to cover expenditures.
THE CITY COUNCIL OF THE CITY OF KENT, WASHINGTON, DOES
HEREBY ORDAIN AS FOLLOWS:
SECTION 1. The 1998 City budget is hereby amended to include budget
fund adjustments as summarized and set forth in Exhibit A which is incorporated in this
ordinance by reference as if fully set forth herein.
SECTION 2. There is hereby established, as part of the 1998 budget, a line
of credit from the General Fund to the Housing and Community Development Fund
(CDBG) in an amount not to exceed $200,000.00. The funds may only be used as needed.
SECTION 3. There is hereby established, as part of the 1998 budget, a line
of credit from the General Fund to the Riverbend Golf Complex in an amount not to
exceed $250,000.00. The funds may only be used as needed.
SECTION 4. Severability. If any section, sentence, clause or phrase of
this ordinance should be held to be invalid or unconstitutional by a court of
1 1998 - Budget
jurisdiction, such invalidity or unconstitutionality shall not affect the validity or
constitutionality of any other section, sentence, clause or phrase of this ordinance.
SECTIONS. Effective Date. This ordinance shall take effect and be in
force five (5) days from and after its passage, approval and publication a,A provided by law.
ATTEST:
BRENDA J
APPROVED AS TO FORM:
A. LUBOVICH,
CLERK
ATTORNEY
tl�..
PASSED:_ day of A -L Ce, n 1998.
APPROVED: day of ��eLevw ? I998.
PUBLISHED: day of 4z 1998.
I hereby certify that this is a true copy of Ordinance No. 2LIQ '7 passed
by the City Council of the City of Kent, Washington, and approved by the Mayor of the
City of Kent as hereon indicated.
P: U,AW10rdinanceTUUGMS da
-� cc�.t �rei✓ (SEAL)
BRENDA IAC E , CITY CLERK
2 1998 - Budget
BUDGET ADJUSTMENT ORDINANCE
Exhibit A
General Fund
Street Fund
Capital Improvements
Criminal Justice
Other Operating Projects
Councilmanic Debt Service
Street Capital Project
Park Capital Project
Other Capital Project
Water
Sewerage
Golf Complex
Fleet Services
Central Services
Fire Equipment Fund
Facilities Fund
Insurance
Economic Development
TOTAL GROSS BUDGET
Less:
Internal Service Funds
Other Transfers
Internal Transfers
BUDGET
179,499
390,213
272,778
638,406
(143,000)
524,778
6,426,704
(498,555)
(212,428)
16,643
7,204,075
(97,305)
60,824
(39,080)
155,393
1,205,956
645,000
26
16,729,927
(2,194)
(666,197)
(423,572)
(190919963)
TOTAL BUDGET ADJUSTMENT 15,6379964