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Ordinance 29120006.030.002 WSS /are 12/10/92 rev: 01/20/93 ORDINANCE NO. 2912 A ORDINANCE OF THE CITY COUNCIL OF THE CITY OF EDMONDS, WASHINGTON, REDEFINING AND BROADENING THE PURPOSES FOR WHICH THE EMERGENCY RESERVE FUND HAS BEEN ESTABLISHED AND ESTABLISHING AN EFFECTIVE DATE. WHEREAS, the City maintains an Emergency Reserve Fund in its budget process; WHEREAS, the City Council in designating the original purposes for this Fund looked primarily to declines in federal revenue sharing; WHEREAS, the maintenance of an Emergency Reserve Fund is a fundamentally sound accounting practice which should be continued; WHEREAS, the City Council foresees that emergency reserves are necessary for a wide variety of reasons other than declines in federal revenue sharing, now, therefore, THE CITY COUNCIL OF THE CITY OF EDMONDS, WASHINGTON, HEREBY ORDAINS AS FOLLOWS: Section 1. The City Council hereby states as its policy, purpose and intent that the Emergency Reserve Fund has been established to handle unanticipated emergencies with which the City may be confronted including, but not limited to declines in federal or other revenue, unanticipated emergency costs and emergency liabilities. W3335223.1/0006.030.002 -1- Section 2. This ordinance, being an exercise of a power specifically delegated to the City legislative body, is not subject to referendum, and shall take effect five (5) days after passage and publication of an approved summary thereof consisting of the title. APPROVED: ATTEST /AUTHENTICATED: TY CLERK, ,*HONDA J. MARCH APPROVED AS TO FORM: OFFICE OF THE CITY ATTORNEY: BY FILED WITH THE CITY CLERK: January 20, 1993 PASSED BY THE CITY COUNCIL: January 19, 1993 PUBLISHED: January 31, 1993 EFFECTIVE DATE: February 5, 1993 ORDINANCE NO. 2912 Wss35223.1/0006.030.002 —2— SUM1ARY OF ORDINANCE NO. 2912 of the City of Edmonds, Washington On the 19thday of January , 1993, the City Council of the City of Edmonds, passed Ordinance No. 2912 A summary of the content of said ordinance, consisting of the title, provides as follows: A ORDINANCE OF THE CITY COUNCIL OF THE CITY OF EDMONDS, WASHINGTON, REDEFINING AND BROADENING THE PURPOSES FOR WHICH THE EMERGENCY RESERVE FUND HAS BEEN ESTABLISHED. The full text of this Ordinance will be mailed upon request. DATED this 28th day of January , 1993. STATE OF WASHINGTON, COUNTY OF SNOHOIVIISH, SUMMARY OF - ORDINANCE NO. 2912 of the City of Edmonds; Washington .On the .19th day of January; 1993, the CRy Council of the City of Edmonds, passed Ordinance No. 2912. A. summary of the content of said ,..al..,.n— cnnsitina of the title,' ESTABLISHED. The full text of this Ordinance will be mailed upon; request. 'DATED this 28th day of January 1993. - C N CDAcJ. MARCH _ Published: January 31, 1993. B -2 -1 ss. Affidavit of Publication REC IV FEB 2 - 1993 Edmonds My C19rk The undersigned, being first duly sworn on oath deposes and says that she is Principal Clerk of THE HERALD, a daily newspaper printed and published in the City of Everett, County of Snohomish, and State of Washington; that said newspaper is a newspaper of general circulation in said County and State; that said newspaper has been approved as a legal newspaper by order of the Superior Court of Snohomish County and that the notice ....... ................................ Summary of Ordinance No. 2912 ....-- -- . -- ........ -- ........ .... ............I...".............. ......-- --............................ - ...City of Edmonds- - - - a printed copy of which is hereunto attached, was published in said newspaper proper and not in supplement form, in the regular and entire edition of said paper on the following .days and times, namely: --- Janua.ry. ... 3- 1 ...... 199. 3 .................. . . ......... .... ........... .. . . ..................................... ............... I ............ .............. .I ............... I......- _.....-------- - - - - -- -- - - - - -- ................................... and that said._newspaper was regularly distributed to its subscribers during all of said) period. r. j' Principal Clerk l Subscribed and sworn to before me this ......... lst........... day of--- February - - -- -- • .. ...................... 19.93.. ........... ................... ......... .. ................. • -- . --------------- Notary Public in d f tjj�,Qs 'ngton, residing at Everet S our Ij �ypTAF? (P pU 8 00 _ '9� 5 19 9� �0 \OF `NASN`�