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ORDINANCE N0. 3 1 5 7
AN ORDINANCE OF THE CITY OF AUBURN, WASHINGTON, CREATING FUND ENTITLED FUND
N0. -198 - ANTIRECESSION FISCAL ASSISTANCE FUND TO ACCOUNT FOR
ALL MONIES RECEIVED FROM THE FEQERAL GOVERPJMENT FOR ANTI-
RECESSION FISCAL ASSISTANCE TO THE CITY OF AUBURN.
THE CITY COUNCIL OF THE CITY OF.AUBURN, WASHINGTON, DO ORDAIN AS
FOLLOWS:
Section 1. There is created in the office of the city director of
finance a fund to be known as Fund No. 198 - Antirecession Fiscal Assistance
Fund.
Section 2. All monies received from the United States Government
under the provisions of any federal antirecession fiscal assistance plan which
has been enacted or which may be enacted in the future shall be deposited into
the Antirecession Fiscal Assistance Fund, together with any interest earned from
investments of the fund.
Section 3. Disbursements from the Antirecession Fiscal Assistance Fund
shall be as directed by the city council, subject to any rules and regulations
which may be promulgated by the United States Department of the Treasury with
respect thereto.
Section 4. The Auburn Finance Director is authorized to invest such portion
of the Antirecession Fiscal Assistance Fund as in his judgment he deems reasonable
and prudent.
Section 5. This Ordinance shall take effect and be in force five (5)
days from and after its passage, approval and publication, as provided by law.
INTRODUCED: FEQRUArY 22, 1977
PASSED: FEB?UARY 22, 1977
APPROVED: FE3RUAZY 22, 1977
ATTEST: M A Y 0 R
City Clerk
APPR V D A ~
PUBLISHED: FEBRUARY 25, 1977 City Attorney
Ordinance No. 3157
2-18-77
STATE OF WASHINGTON)
) ss.
COUNTY OF KING )
I, Tezry L. M611er, the dcly appointed, quaZified City Clerk of the
City of Auburn, A MunicipaZ. Corporation and Code City, situate in the
County of King, State of Washington, do hereby certify that.the foregoinq
is a full, true and correct copy of Ordinance No. 3157 of the ordinances
of the Ci ty of Auburn, en ti,t1 ed "Arv oxDi'NAtvCE OF THE C ITY OF AUBURN,
WASH I[dGTON, CREAT I NG fUND EtdT I TLED FUPiD N0. I 98.- AtdT IRECESSI ON F I SCAL
ASSISTANCE FUND TO ACCOUNT FOR ALl MONIES RECEIVED FROM THE FEDERAL
GOVERNMENT FOR ANTt- RE6ESSION FISCAL ASSISTAIdCE TO THE CITY OF AUBURN,"
I further certify fhat said Ordinance No. 3157 was duly passed by the
Council and approved by the Mayor of the said City of Auburn and published
as provided by Zaw in the Auburn G1obe News, a weekly newspaper published
in the Cit~r. of Auburn, and of general circulation therein, on the 25th
day of FEBRUARY ; A.D., 19 77
~4-1 7 _
CITY CLERK F THE CITY OF AU73URN