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HomeMy WebLinkAbout2668 Supplemental Budget AppropriationsORDINANCE AN ORDINANCE appropriating the sum of $15,000 to the Hotel/Motel Fund; and amending the 1998 Budget; making findings and declaring an emergency. THE CITY COUNCIL OF THE CITY OF PORT TOWNSEND, UPON REVIEW OF THE 1998 BUDGET, MAKES THE FOLLOWING FINDINGS: FINDING ONE: Hotel/Motel Fund Centrum provides marketing and promotion of off-season events for Port Townsend. Centrum receives funding from the National Endowment for the Arts which requires local matching funds for 1998. FINDING TWO: Hotel/Motel Fund The Lodging Tax Advisory Committee has recommended that Centrum receive matching funds totaling $15,000 as a one-time match from the Hotel/Motel Fund reserve for its 1998 budget. Whereas, the above findings are due to events which could not have reasonably been known at the time of adoption of the 1998 Budget; THE CITY COUNCIL OF THE CITY OF PORT TOWNSEND IN REGULAR SESSION ASSEMBLED DOES ORDAIN AS FOLLOWS: Section 1. The sum of FIFTEEN THOUSAND DOLLARS ($15,000) is hereby appropriated as a supplement to the 1998 HOTEL/MOTEL FUND from ending fund balance reserve. Section 2 There is hereby found and declared to be an emergency requiting the foregoing appropriations to the 1998 budget. Section 3 and manner provided by law. READ for the first time on November,~, 1998. City Council and approved by the Mayor on This ordinance shall take effect upon its passage, approval, and publication in the form Attest: Pamela Kolacy, city Clerk Ordinance Read for the second and third times, passed by the Julie McCulloch, Mayor '4ppr°ve ¢gal flqr4 Timoth~ ~'Ci~ty A~tto~ev~~ Port Townsend, 11/98) Page 1