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HomeMy WebLinkAbout1706 Amending Ordinance 1701 - Claim Fund and Payroll Fund ORDINANCE NO . '7'70& AN ORDINANCE AMENDING ORDINANCE NO. 1701 THE CITY COUNCIL OF TttE CITY OF PORT TOWNSEND, IN REGULAR SESSION DO, ORDAIN AS FOLLOWS: Section 1. Section 1 of Ordinance No. 1701, passed and approved January 15, 1974, is amended to read-as follows: "Section 1. There are here and hereby established a claim fund and a payr.oll fund. Said payroll fund shall receive all amounts appropriated for payroll purposes, as said amounts may be transferred from various departments of the City, pursuant to budgetary authorization, and shall be disbursed from said fund only for the purposes and in amounts set forth by the budgets of the departments from which the funds are transferred, and said claim fund shall receive from each departments amounts sufficient to satisfy claims against such departments, and shall be disbursed from said fund only for the purposes and in the amounts set forth in the budgets for said departments from which the funds are transferred. Section 2. Section 2 of Ordinance 1701 is hereby repealed. Section 3. Section 3 of Ordinance 1701 is amended to read as follows: "Section 2. 1974." Read for the first, second and third times, passed by the Council and approved by the Mayor on May 27, 19~7~. ~ STEVE ~ ' '~4ay0'r ATTEST: This ordinance shall take effect as of January 1,