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HomeMy WebLinkAbout2112 Community Development Block Grant Fund - Mainstreet Redevelopment Project FundOrdinance No. ~!!2- AN ORDINANCE ESTABLISHING A COMMUNITY DEVELOPMENT BLOCK GRANT FUND, PROVIDING AN ALTERNATE TITLE THEREFORE, AND AUTHORIZING DEPOSITS THEREIN AND DIS- BURSEMENTS THEREFROM THE CITY COUNCIL OF THE CITY OF PORT TOWNSEND, IN REGULAR SESSION ASSEMBLED, DO ORDAIN AS FOLLOWS: Section 1. There is here and hereby established a fund to be known as the "Community Development Block Grant Fund" which may be referred to, in alternate as the "Mainstreet Redevelopment Project" fund, for the purpose of receiving the deposits of funds allocated and delivered to the City of Port Townsend pursuant to agreement with the Jefferson County Commissioners from Housing Rehabilitation funds. Section 2. The City Clerk-Treasurer is here and hereby author- ized and directed to honor vouchers properly drawn upon the Community Development Block Grant Fund pursuant to the regulations established by the Department of Housing and Urban Development and published in the Federal Register Part IV on August 27, 1979, Vol. 44 No. 167,~r ~ g70 201 <c) (9~ ~^ o~ z_~ z~, ~ z=~ ~^ 205 and and to issue warrants pursuant thereto. Section 3. This ordinance shall take effect upon its passage, approval, and publication in the form and manner required by law. Read for the first, second, and third times, passed by the Council and approved by the Mayor on April 19, 1988. Attest: Mayor Approved as to/~orm: - 'City¢ Attorney