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1625 - Ordinance - Abolishing Special FundsORDINANCE NO. 1625 AN ORDINANCE OF THE CITY OF PORT ORCHARD, REPEALING ORDINANCES AS FOLLOWS TO ABOLISH INACTIVE FUNDS: ORDINANCE NO. 387 (POMC 3.04.010-013 L.I.D. Guarantee Fund), ORDINANCE NO. 553 (POMC 3.04.020-021 Parks Fund), ORDINANCE NO. 888 (POMC 3.04.050 Emergency Employment Act Fund), ORDINANCE NO. 904 (POMC 3.04.060 Federal Shared Revenue), ORDINANCE NO. 954 (POMC 3.04.080 Cumulative Reserve Fund for Street Capital Improvements Matching Funds), ORDINANCE NO. 991 (POMC 3.04.090 Public Works Employment Act Of 1976 Fund), ORDINANCE NO. 1009 (POMC Chapter 3.20 Fire Truck Special Levy Fund and Ambulance Special Levy Fund), ORDINANCE NO. 1021 (POMC Chapter 3.24 Water Main Construction Fund), ORDINANCE NO. 1023, (POMC Chapter 3.28 Water Storage Construction Fund), ORDINANCE NO. 1119 (POMC Chapter 3.40 Joint Sewer Treatment Facilities Fund), and REPEALING ORDINANCE NO. 1273 (POMC Chapter 3.60) TO CLOSE THE STATE LAND PURCHASE TRUST FUND AND AUTHORIZING TRANSFER OF CASH BALANCE OF THE STATE LAND PURHCASE TRUST FUND TO WATER - SEWER OPERATING FUND. THE CITY COUNCIL OF THE CITY OF PORT ORCHARD DOES ORDAIN AS FOLLOWS: SECTION 1. The Special Fund known as "L.I.D. Guarantee Fund", (Ordinance No. 387, Port Orchard Municipal Code 3.04.010-013), is hereby abolished. SECTION 2. The Special Fund known as "Parks Fund", (Ordinance No. 553, Port Orchard Municipal Code 3.04.020-021), is hereby abolished. SECTION 3. The Special Fund known as "Emergency Employment Act Fund", (Ordinance No. 888, Port Orchard Municipal Code 3.04.050), is hereby abolished. SECTION 4. The Special Fund known as "Federal Shared Revenue", (Ordinance No. 904, Port Orchard Municipal Code 3.04.060), is hereby abolished. SECTION 5. The Special Fund known as "Cumulative Reserve Fund for Street Capital Improvements Matching Funds", (Ordinance No. 954, Port Orchard Municipal Code 3.04.080), is hereby abolished. SECTION 6. The Special Fund known as "Public Works Employment Act of 1976 Fund", (Ordinance No. 991, Port Orchard Municipal Code 3.04.090), is hereby abolished. SECTION 7. The Special Fund known as "Fire Truck Special Levy Fund and Ambulance Special Levy Fund", (Ordinance No. 1009, Port Orchard Municipal Code, Chapter 3.20), is hereby abolished. SECTION 8. The Special Fund known as "Water Main Construction Fund", (Ordinance No. 1021, Port Orchard Municipal Code, Chapter 3.24), is hereby abolished. Ordinance No. 1625 Page Two of Two SECTION 9. The Special Fund known as "Water Storage Construction Fund", (Ordinance No. 1023, Port Orchard Municipal Code, Chapter 3.28), is hereby abolished. SECTION 10. The Special Fund known as "Joint Sewer Treatment Facilities Fund", (Ordinance No. 1119, Port Orchard Municipal Code, Chapter 3.40), is hereby abolished. SECTION 11. A. The Fund known as the State Land Purchase Trust Fund is hereby repealed (Ordinance No. 1273, Port Orchard Municipal Code, Chapter 3.60), and B. The Treasurer of the City of Port Orchard is hereby directed to transfer the cash balance of the State Land Purchase Trust Fund to Water -Sewer Operating Fund on December 30, 1994. PASSED by the City Council of the City of Port Orchard and signed by the Mayor and attested by the Clerk in authenticationj passage this 27th day of December 1994. ATTEST: Patricia Parks, City Clerk APPROVED AS TO FORM: City Attorney LESLIE J. WEATHERILL, MAYOR Sponsored By: Councilman Geiger