Loading...
ORD 2434 ORDINANCE NO . AN ORDINANCE transferring $ 125 , 000 . 00 from the General Fund to the Street Fund , appropriating $ 125 , 000 . 00 to pay for 2005 operating expenses of the Street Fund , and amending the Budget for the year 2005 to provide for such expenditure . WHEREAS , the Street Fund is funded by transfers from the General Fund ; and WHEREAS , the 2005 revenues of the Street Fund and beginning fund balance of the Street Fund are not sufficient to cover 2005 operating expenses ; and WHEREAS , there is sufficient unappropriated funds in the General Fund to transfer to the Street Fund to pay for such expenditure , NOW , THEREFORE , BE IT ORDAINED BY THE COUNCIL OF THE CITY OF CAMAS AS FOLLOWS : Section I The sum of $ 125 , 000 ..00 is hereby transferred from the General Fund to the Street Fund . Section II There is hereby appropriated from the Street Fund the sum of $ 125 , 000 . 00 to be allocated as follows : Descron Account No . Amount Operating Transfer 001 . 00 . 597 . 000 . 00 $ 12500 . 00 Section III Ordinance No . 2390 and the Budget for the year 2005 are amended to provide for the aforestated expenditure . Section IV This ordinance shall take force and be in effect five ( 5 ) days from and after its publication according to law . PASSED b the Council and APPROVED b the Mayor this da of December , 2005 . y y y y 4 SIGNED : ayor ATTEST Jam. _. 4ZZL" Clerk Z OWA44rN' fo trney •