Ordinance 1974ORDINANCE NO. 1974
ORDINANCE OF THE CITY OF EDMONDS, WASHING -
TON, AMENDING THE SCHEDULE ATTACHED TO
SECTION 2 OF ORDINANCE NO. 1885, PASSED ON
DECEMBER 21, 1976, AS AMENDED BY ORDINANCE
NO. 1938, PASSED AUGUST 23, 1977, AS AMENDED
BY ORDINANCE NO. 1962, PASSED ON DECEMBER
6, 1977, AS AMENDED BY ORDINANCE NO. 1966,
PASSED ON JANUARY 3, 1978, BY INCREASING THE
REVENUES AND APPROPRIATIONS IN THE STREET
FUND TO COVER UNANTICIPATED INCREASES IN
EQUIPMENT RENTAL CHARGES AND DECLARING
AN EMERGENCY.
WHEREAS, there have been unanticipated increases in equip-
ment rental charges that were not reasonably foreseeable at the time
of the formation and passage of the 1977 Budget, and
WHEREAS, the City Council has authorized an interfund loan
from the General Fund No. 001 to the Street Fund No. 111 in the
amount of $12, 500 to be repaid from the Street Fund on or before
December 31, 1978, and
WHEREAS, the City Council finds and so declares that there
is an emergency necessitating the passage of this Ordinance, and
WHEREAS, this Ordinance has been introduced for not less
than five (5) days prior to its passage, now, therefore,
THE CITY COUNCIL OF THE CITY OF EDMONDS, WASH-
INGTON, DO ORDAIN AS FOLLOWS:
Section 1. Section 2 of Ordinance No. 1885, passed on Dec-
ember 21, 1976, and the schedule attached to said Ordinance and in-
corporated by reference in said Section 2, as amended by Ordinance No.
1938, passed August 23, 1977, as amended by Ordinance No. 1962, passed
December 6, 1977, as further amended by Ordinance No. 1966, passed Jan-
uary 3, 1978, is further amended to reflect the following changes:
1. An increase in the revenues and appropriations to and from
the Street Fund No. 111 in the amount of $12, 500 for monies received from
the loan from the General Fund No. 001, for the purpose of funding increased
equipment rental charges, employee benefits and unforeseen charges for
LID No. 203.
2. The schedule of each separate fund, the revenues estimated
to be received by said fund, and the appropriations from each such fund and
the aggregate total of revenues and appropriations for all of said funds is
set forth in Exhibit "A" attached hereto and incorporated in full by this refer-
ence.
Section 2. The Finance Director is hereby instructed and author-
ized to make the necessary line adjustments and entries to reflect the
transfers and appropriations set forth hereinabove in Section 1.
APPROVED:
ATTEST: _
MAYOR, H. H. Harrison
A 1
CITY CLERK, Irene V ney Moran
FILED WITH THE CITY CLERK: January 31, 1978
PASSED BY THE CITY COUNCIL: February 7, 1978
PUBLISHED: February 15, 1978
APPROVED BY OFFICE OF CITY ATTORNEY:
By (: .
JoIY6 D. Wallace