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HomeMy WebLinkAbout3266ORDINANCE NO. - �,C' AN ORDINANCE of the City of Kent, Washington, amending the 1995 Budget for '1 adjustments made during 1995 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 1995 City budget is hereby amended to include budget fund adjustments as follows: FUND TOTAL !General Fund $ 354,443 !Street Fund 274,107 Capital Improvement 194,886 Criminal Justice 157,568 (Environmental 127,945 Housing & Community Development 19,537 ;10ther Operating Projects 382,303 Councilmanic Debt Service 27,386 !Street Capital Project 3,504,721 :Park Capital Project 821,574 Other Capital Project (417,425) ;';Water 10,423,471 ,Sewerage (14,397,464) ,Golf Complex 4,731,337 ;Equipment Rental 605,221 Central Services 937,028 ''Fire Equipment Fund (200,000) 1995 Budget Insurance Firemen's Relief & Pension Total Gross Budget Adjustments Less: Internal Service Funds Other Transfers Internal Transfers Total Net Budget Adjustments 12,693 17,600 7,576,931 608,282 1,132,554 3,756,435 2,079,660 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 $250,000.00. 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 1995 Budget 'ATTEST: BRENDA JACOBER, CITY CLERK APPROVED AS TO FORM: ROG A. LUBOVICH, CI ATTORNEY / c_ t. PASSED day of 1995. APPROVED {% day of"� 1995. PUBLISHED day ofd` 1995 . I hereby certify that this is a true copy of Ordinance passed by the City Council of the City of Kent, ;Washington, and approved by the Mayor of the City of Kent as hereon indicated. Budget4.ord (SEAL) BRENDA JACOBE��ITY CLERK 3 1995 Budget