HomeMy WebLinkAbout2956ORDINANCE NO. 9�k::;'
AN ORDINANCE of the City of Kent,
Washington, amending the 1990 Budget for
adjustments made during 1990 and authorizing an
additional line of credit from the General Fund
to the Golf Complex to cover expenditures.
THE CITY COUNCIL OF THE CITY OF KENT, WASHINGTON DOES
HEREBY ORDAIN AS FOLLOWS:
Section 1. Changes in budget are as follows:
FUND
TOTAL
General Fund
$ 49,476
Capital Improvement
365,337
Environmental
3,000
Housing & Community Development
1,319
Other Operating Projects
230,660
Councilmanic Debt Service
175,337
Street Capital Project
1,607,099
Park Capital Project
3,145,738
Other Capital Project
7,641,268
Water
93,274
Sewerage
2,971,419
Golf Complex
979,140
Equipment Rental
171,050
Central Services
(67,592
Insurance
256.000
Total Gross Budget Adjustments
17,622,525
Less:
Internal Service Funds 396,458
Other Transfers 700,342
Total Net Budget Adjustments $16,525,725
Section 2. Authorization of a line of credit from the General
Fund to the Golf Complex Fund in an amount not to exceed $700,000,
up from $300,000. The funds will only be used as needed and will
be reauthorized if needed as of December 31, 1991.
Section 3. Effective Date. This ordinance shall take effect
and be in force five (5) days from the time of its final passage,
approval and publication as prov,ded by law.
ATTEST:
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BRENDA
APPROVED AS TO FORM:
CITY CLERK
KELLEHER, MAYOR
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PASSED the day of , 1990.
APPROVED the day of , 1990.
PUBLISHED the _day of , 1990.
I hereby certify that this is a true copy of Ordina
No. �� passed by the City Council of the City of Kent,
Washington, and approved by the Mayor of the City of Kent as he
indicated.
5480-180
BRENDA JACO
- 3 -
(SEAL)
DEPUTY CITY CLE