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HomeMy WebLinkAbout3379ao� UJB a �+ 335 �3a ORDINANCE NO --337 J AN ORDINANCE of the City of Kent, Washington, amending the 1997 Budget for adjustments made since July 1, 1997 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 1997 City budget is hereby amended to include budget fund adjustments as follows: FUND BUDGET General Fund 1,144,051 Street Fund 424 Youth/Teen Fund (119,756) Capital Improvements 609,860 Criminal Justice 569,286 Environmental 85,985 Housing & Community Development 37.966 Other Operating Projects 61,577 Street Capital Project 2,135,320 Park Capital Project 3,003,831 Other Capital Project 358,744 Water 57,272 Sewerage 36,283 1997 Budget Golf Complex Equipment Rental Central Services Facilities Fund Total Gross Budget Less: Internal Service Funds Other Transfers Internal Transfers TOTAL BUDGET 31,155 2,086 1,006,692 182.627 $ 9,203,403 (83,585) (1,441,247) (353,074) $(1,877,906) $ 7,325,497 SECTION 2. Authorization of 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 will only be used as needed. SECTION 3. Severability. If any section, sentence, clause or phrase of this ordinance should be held to be invalid or unconstitutional by a court of competent jurisdiction, such invalidity or unconstitutionality shall not affect the validity or constitutionality of any other section, sentence, clause or phrase of this ordinance. SECTION 4. Effective Date. This ordinance shall take effect and be in force five (5) days from and after its passage, approval and publication as provided by law. 2 WHITE, MAYOR 1997 Budget ATTEST: BRENDA JACOBE1 Y CLERK APPROVED AS TO FORM: A. LUBOVICH, C PASSED: day of ;-1997. APPROVED: day ofnx', 1997. PUBLISHED; ZoL day of , 1997. I hereby certify that this is a true copy of Ordinance No. 3, passed by the City Council of the City of Kent, Washington, and approved by the Mayor of the City of Kent as hereon indicated. �� (SEAL) BRENDA JACO ER, ITY CLERK P:\LAW\ORD1NANC\BUDGET97. WPD _ 3 1997 Budget