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Ordinance 1991COUNCIL BILL NO. 1063 oRDINANCE No. 1991 AN ORDINANCE ADOPTING A SUPPLEMENTAL BUDGET FOR FISCAL YEAR 1987-88, MAKING APPROPRIATIONS, AND DECLARING AN EMERGENCY. THE CITY OF WOODBURN ORDAINS AS FOLLOWS: Section 1. That the supplemental budget for the fiscal year 1987- 88, as approved by the Budget Committee, is hereby adopted as set forth below. Section 2. That appropriations are increased in the 1987-88 fiscal year budget and the supplemental budget is appropriated as follows: LIBRARY ENDOWMENT FUND: Resources -- Transfer of Endowment Fund Operating Contg. $20,000 TOTAL RESOURCES $20,000 Expenditures -- Capital Outlay $20,000 TOTAL APPROPRIATIONS $20,000 BANCROFT BOND REDEMPTION FUND: Resources -- Bonded Assessments - Interest $27,252 TOTAL RESOURCES $27,252 Expenditures -- DEBT SERVICE INTEREST Bancroft Bond Issue - 11/1/87 $27,252 TOTAL APPROPRIATIONS $27,252 Section 3. That the City Recorder shall certify the supplemental budget to the County Clerk and County Assessor of Marion County, Oregon, Page 1 - COUNCIL BILL N0. 1Q63 ORDINANCE N0. 1991 and shall file with the Department of Revenue, State of Oregon, a true copy of the supplemental budget as finally adopted in accordance with the Department of Revenue Administrative Rule OAR 150-294.480. Section 4. That if any clause, sentence, paragraph, section or portion of this ordinance for any reason 5_'1:-~- be adjudged invalid by a court of competent jurisdiction, such judgement shall be confined in its operation to the clause, sentence, paragraph, section or portion of this ordinance directly involved in the controversy in which such judgement is rendered. Section 5. This ordinance being necessary for the public peace, health and safety, in that the supplemental budget for fiscal year 1987-88 needs to be adopted prior to the expenditure funds, an emergency is declared to exist and this ordinance shall take effect immediaately upon passage by the Council and approval by the Mayor. ~ V .~ ~ Approved as to Form: City Attorney Passed by the Council Submitted to the Mayor Approved by the Mayor Filed in the Office of the Recorder ~°'~ _ ~ Date APPROVED /«:_,. , x~ ,- ~~ -~ .~~~~~_ NANCY A.~`I~IRKSE`Y, MAYOR <<~ ~ April 11, 1988 I~ April 11, 1988 April 11, 1988 April 11, 1988 ~;. -~ ~. ATTEST : ~ " ~r~~,~r.~ /~ , ~i1~1-C~__1 ' `ARNEY BU1IS, RECORDER City of Woodburn, Oregon Page 2 - COUNCIL BILL N0. 1Q63 ORDINANCE N0. 1991