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HomeMy WebLinkAbout2158ORDINANCE NO. ;� I� AN ORDINANCE of the City of Kent, Washington, creating a new fund to be known as the "Unemployment Trust Fund", providing for transfers into the fund and payments out of the fund. THE CITY COUNCIL OF THE CITY OF KENT, WASHINGTON, DO HEREBY ORDAIN AS FOLLOWS: Section 1. There is hereby created in the City of Kent a fund to be known as the Unemployment Trust Fund, hereinafter called the Fund. Section 2. The purpose of the Fund is to receive peri- dic cash contributions from operating funds of the City to pro- vide a source for payment of claims billed to the City by the State Employment Security Department. Section 3. Payment into the Fund shall be made by means of transfers from the salary funds of each of the City's depart- ments which budget labor costs. Such transfers shall be in an amount which will provide a sufficient deposit into the fund to cover estimated unemployment claims against the City. Section 4. Payments out of the Fund shall be made upon the basis of billed claims from the Employment Security Department and may be made either by treasurer's check or by warrant. Section 5. This Ordinance shall take effect and be in force five (5) days after its passage, approval and publication as provided by law. ISABEL HOGANJ MAYOR ATTEST: MARIE JEN , CITY CLERK ROVED AS TO FORM: DONALD E. MIRK, CITY ATTORNEY PASSED the '� day of May, 1979. APPROVED the day of May, 1979. PUBLISHED the % day of May, 1979. I hereby certify that this is a true copy of Ordinance No. ot�5 u� passed by the City Council of the City of Kent, Washington, and approved by the Mayor of the City of Kent as here- on indicated. , CITY - 2 - (SEAL)