HomeMy WebLinkAbout2806 Creating Northwest Maritime Center FundOrdinance No. 2806
AN ORDINANCE OF THE CITY OF PORT TOWNSEND CREATING A
NEW SECTION OF THE PORT TOWNSEND MUNICIPAL CODE,
SECTION 3.04.270, NORTHWEST MARITIME CENTER FUND,
CHAPTER 3.04, FUNDS
WHEREAS, the Northwest Maritime Center has acquired state and federal
grant funding for renovation and construction at its Water Street waterfront property;
and
WHEREAS, the City of Port Townsend is the sponsoring agency for these local
grants; and
and
WHEREAS, the state and federal grantors require segregation of grant monies;
and
WHEREAS, the city may create accounting funds to segregate certain monies;
WHEREAS, the city may operate accounting funds so long as grant and/or
program is operational; and
NOW, THEREFORE, the City Council of the City of Port Townsend ordains
as follows:
SECTION 1. Chapter 3.04, Funds, of the Port Townsend Municipal Code is
hereby amended, and a new section 3.04.270, Northwest Maritime Center fund, is
adopted and shall read as follows:
3.04.270 Northwest Maritime Center fund
A. There is established a city fund to be known as the "Northwest Maritime
Center fund," for the purpose of receiving the deposits of funds allocated and delivered
to the city pursuant to agreement with various federal and state grantor agencies.
The finance director is authorized and directed to honor vouchers
properly drawn upon the Northwest Maritime Center fund pursuant to
the regulations established by the federal and/or state grantor agencies,
and to issue checks pursuant thereto.
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Co
The finance director may close the "Northwest Maritime Center Fund"
after the grantor agency has closed out the grant file and all transactions
have been accounted.
SECTION 2. Severability. If any provision of this ordinance or its application
to any person or circumstance is held invalid, the remainder of the ordinance, or the
application of the provision to other persons or circumstances is not affected.
This ordinance shall take effect and be in force five days after the date of its
publication in the manner provided by law.
Adopted by the City Council of the City of Port Townsend, Washington, at a
regular meeting thereof, held this 6th day of May, 2002.
Attest:
Kee~'~
Approved as to Form:
Pamela Kolacy,
John P. Watts, City Attorney
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