Resolution 1199RESOLUTION NO. 1199
RESOLUTION OF THE EDMONDS CITY COUNCIL
TO CLARIFY USE OF EMERGENCY FINANCE
RESERVE FUND
WHEREAS, it has been the policy of the City Council to keep an
Emergency Finance Reserve Fund, per adopted ordinance, and
WHEREAS, it has been the policy of the Mayor to rely on those funds
only in cases of true catastrophic emergencies such as earthquakes or other natural or
manmade disasters and,
WHEREAS, it is good budgetary policy to have such cash reserves for
such an emergency on hand and,
WHEREAS, it is City Government's responsibility to protect its citizens
especially in case of such emergencies and,
WHEREAS, it is not sound policy to rely on outside agencies such as the
Federal Emergency Management Administration in the event of such an emergency,
particularly in light of comments in recent years by former Snohomish County Sheriff
Rick Bart who suggested it could be 4-7 days until outside resources could arrive in
Edmonds in the case of region -wide calamity, now
THEREFORE BE IT RESOLVED that the City Council adopts the policy
that the funds in the Emergency Finance Reserve Fund shall only be accessed in the case
of extreme natural or manmade disaster, or other calamity, and that a revenue shortfall
shall not alone be enough to justify use of such funds, and
THEREFORE BE IT FURTHER RESOLVED that the Council directs
staff to prepare an ordinance to amend previous City ordinance to reflect the new policy
of the City of Edmonds.
RESOLVED this 21st day of April, 2009.
APPRO ED:
MA OR, ARY HAAKENSON
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ATTEST/AUTHENTICATED:
"a/"�'W- el"-
ITY CLERK, SANDRA S. CHASE
FILED WITH THE CITY CLERK: 04/17/2009
PASSED BY THE CITY COUNCIL: 04/21/2009
RESOLUTION NO. 1199
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