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HomeMy WebLinkAbout1831ORDINANCE NO. 173 1 AN ORDINANCE of the City of Kent, Wash- ington, creating a special fund to be known as the Central Business District Project Fund, making an initial appropriation to the Fund and providing for future appropriations to the Fund, and providing for administration of the Fund through the City Administrator's office. THE CITY COUNCIL OF THE CITY OF KENT, WASHINGTON, DO HEREBY ORDAIN AS FOLLOWS: Section 1. There is hereby created a special fund of the City of Kent to be known as the Central Business District Project Fund, hereinafter called "the Fund". Section 2. There is hereby appropriated to the Fund from monies received by the City of Kent as Federal Revenue Sharing, the sum of FIFTEEN THOUSAND (15,000) DOLLARS. The Fund may receive appropriations in the future in the same manner as any other fund of the City. Section 3. The Fund shall be administered through the office of the City Administrator and shall be used for payment of necessary and proper expenditures in furtherance of the City Council's adopted goals and policies of strengthening and vitali- zing the Central Business District of the City of Kent for the benefit and enjoyment of all the citizens of the City. Such ex- penses shall include but not be limited to payment of approved fees and expenses for a project manager and/or consultant, pre- paration of grant applications for funding assistance from other governmental agencies, providing suitable space for a project office and/or public information and referral center, and such other expenses which in the opinion of the City Administrator are both reasonable and necessary in furtherance of the above stated policies and goals. -1- Section 4. This Ordinance shall take effect and be in force five (5) days from and after its passage, approval and pub- lication as provided by law. ISABEL HOGAN, MAYOR ATTEST: MARIE JENSEN, ITY CLERK AP R VED AS TO FORM: �. I��hIJNVVv DONALD E. MIRK, CITY ATTORNEY PASSED the A/5"' day of June, 1973. APPROVED the �C�_ day of June, 1973. PUBLISHED the day of June, 1973. I hereby certify that this is a true copy of Ordinance No. _ ?—S� , 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) MARIE JENSE, ITY CLERK :WAM