ORD 2532 i
Ordinance No . _ -- Page - 1
ORDINANCE NO . J � -
AN ORDINANCE transferring $ 850 , 000 . 00 from the Water Sewer
Capital Reserve Fund to the Water Sewer Fund , appropriating
$ 850 , 000 . 00 from the Water Sewer Fund to pay for construction costs ,
and amending the budget for 2008 to provide for such expenditure .
WHEREAS , several large construction projects including the Washougal River Bridge and the
Water Main Project exceeded anticipated costs requiring additional funding from the Water Sewer Capital
Reserve Fund , and
WHEREAS , there are unappropriated retained earnings in the Water Sewer Capital Reserve
Fund , and
WHEREAS , the Council desires to transfer the sum of $ 850 , 000 . 00 from the Water Sewer Capital
Reserve Fund to the Water Sewer Fund to pay for such expenditures ,
NOW, THEREFORE , BE IT ORDAINED BY THE COUNCIL OF THE CITY OF CAMAS
AS FOLLOWS .
Section I
There is hereby transferred from the Water Sewer Capital Reserve Fund to the Water Sewer
Fund the sum of $ 850 , 000 . 00 .
Section II
There is hereby appropriated from the Water Sewer Fund the sum of $ 850 , 000 . 00 to be
allocated as follows .
Description Account No . Amount
OTHER FINANCING USES 432 . 00 . 597 . 000 . 00 $ 8509000 . 00
Section III
This ordinance shall take force and be in effect five ( 5 ) days from and after its publication
according to law .
PASSED by the Council and APPROVED by the Mayor this /f day of December , 2008 .
.r
SIGNED :
Mayor
ATTEST . /#
Clerk
APPROVED as to form .
City Attorney