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HomeMy WebLinkAbout02537ko -18 ORDINANCE NO. 1683 AN ORDINANCE ADOPTING A SUPPLEMENTAL BUDGET FOR THE YEAR 1973, ESTABLI511- ING A FEDERAL SHARED REVENUE FUND, ES- TIMATING REVENUES AND APPROPRIATING EXPENDITURES THEREFOR. THE CITY COUNCIL OF THIi CITY OF PORT TOWNSEND, IN REGULAR SESSION ASSEMBLED, DO ORDAIN AS FOLLOWS: Whereas, certain sums have been received by the City of Port Townsend from the Federal Shared Revenue Program, which funds include accumulated sums for the year 1972, and sums accumulated and received in the year 1973, and Whereas, it was not possible to appropriate said sums in the regular 1973 budget, for the reason that the amount of re- ceipts was uncertain, and that the administration of the: funds was in question, now, therefore, BE IT ORDAINED Section 1. The anticipated revenues for the Federal Shared Revenue Fund, which is hereinafter established, for the year 1973, including accumulated revenues therefore for the year 1972, is estimated to be the sum of Forty -Two Thousand Dollars ($92,000). Section 2. There is here and hereby established a "Federal Shared Revenue Fund," from which expenditures may be made for City government pursuant to appropriate federal legislation. Section 3. There.is here and hereby appropriated for the 1973 budget of the Federal Shared Revenue Fund the following sums for the expenditures hereinbelow indicated: Gravel Pit Acquisition ........ $20,600 Street Signs ..................$ 3,650 Litter Barrels ................$ 250 Youth Recreation ..............$ 3,600 .Acquisition of Property (City Garage) ..............$ 3,5DD Playground Equipment and Maintenance ................$ 500 Section 4. This ordinance shall take effect upon its passage, approval and publication in the form and manner required by law. Read for the first time on June 19, 1973. Read for the second and third times, passed by the Council and approved by the Mayor on July 3, 1973. JOSEPH 13. STEVE Mayor AT'1'F '4 : APPROV " e 9 TO PA" C A E 3SL'r1 "� GLEAN tRA'11AM 7 1'- C' y Clerk / City rtorney ,�