ORD 2424 ORDINANCE NO ,
AN ORDINANCE transferring $ 1 , 300 , 000 . 00 from the Fisher Basin
Storm Water Fund to the Storm Water Drainage Utility , Fund 419 .
WHEREAS , the City heretofore created and operated the Fisher Basin Storm Water Fund for the
purpose of collecting storm water development fees for development in the Fisher Basin area, and
WHEREAS , the Council adopted Ordinance No . 2390 creating the Storm Water Drainage
g
Utility , Fund 419 , for the purpose of collecting storm water development fees within the entire city , and
WHEREAS , the Council desires to merge the functions and accounting transactions of the Fisher
Basin Storm Water Fund with Storm Water Drainage Utility , Fund 419 , and
WHEREAS , there is $ 1 , 300 , 000 . 00 of funds in the Fisher Basin Storm Water Fund that need to
be transferred to the Storm Water Drainage Utility , Fund 419 ,
NOW , THEREFORE , BEt IT ORDAINED BY THE COUNCIL OF THE CITY OF CAMAS
AS FOLLOWS .
Section I
The operations , functions and accounting transactions of the . Fisher Basin Storm Water Fund
are merged and combined with the Storm Water Drainage Utility , Fund 419 ,
Section II
The balance of funds in the . Fisher Basin Storm Water Fund of 1 , 300 , 000 . 00 is hereby
transferred to the Strom Water Drainage Utility , Fund 419 .
Section III
This ordinance shall take force and be in effect five ( 5 ) days from and after its publication
according to law ,
il and APPROVED by the Mayor this day of November , 2005 .
PASSED by the Counc
�r
SIGNED : � -
Mayor
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ATTEST : '
Clerk
AP
OV a tof
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Cit Attorney