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HomeMy WebLinkAboutord1989-015i * 7 � INTRODUCED BY: Consent 1 2 PROPOSED BY: Public Works Dept. DATE INTRODUCED: February 2, 1989 3 ORDINANCE NO. 89 -15 4 AN ORDINANCE TO REVISE 5 THE 1989 SOLID WASTE BUDGET 6 WHEREAS, Ordinance No. 88 -87 provided for the issuance and sale of bond 7 anticipation notes in the aggregate principal amount of $4,500,000; and 8 WHEREAS, the bond anticipation notes bear interest at the rate of 6.3% 9 per annum, payable on May 15, 1989 and semiannually thereafter on each May 15 10 and November 15; and 11 WHEREAS, it has been determined that the assistance of legal counsel is 12 necessary to finalize Whatcom County's Comprehensive Solid Waste Management 13. Plan; and 14 WHEREAS, it has been determined that truck scales are necessary at the 15 Cedarville landfill to fulfill DOE requirements and to accurately determine the 16 volume of wastes received at the landfill; and 17 WHEREAS, the Cedarville landfill gas migration study authorized by 18 Executive Order No. 88 -9 will be carried over into 1989; and 19 WHEREAS, additional appropriation authority is needed for the installa 20 tion of monitoring wells at the Cedarville landfill due to unanticipated ground 21 water characteristics and 22 WHEREAS, the bond anticipation notes' proceeds are invested and are 23 accruing interest to the Solid Waste Management Fund's benefit. 24 NOW, THEREFORE, BE IT ORDAINED that the 1989 Solid Waste Budget is 25 hereby increased as follows: 26 RESOURCES: 40100 361 11 03 Investment Interest 392,040.00 27 EXPENDITURES: 28 40100 537 80 41 Professional Service 71.000.00 40100 592 83 00 Debt Service Costs 283,500.00 29 40103 594 19 64 Machinery & Equipment 35,000.00 30 Ending Fund Balance 2,540.00 31 ORDINANCE - 1. date drafted: 2/2/89 32 1 2 3 4 5 6 7 8 9 10 11 12 13. 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 BE IT FURTHER ORDAINED, Ordinance No. 88.96 is hereby revised by increasing the appropriation authority of the Solid Waste Fund budget therein $389,500.00. APPROVED this 2nd day of March 1989 WHATCOM COUNTY COUNCIL WHATCOM COUNTY, IN ON r'"v al Ha ey Chairperson ATTEST: ( APPROVED ( ) VETOED IL K�4— Z Ramona Reeves SHIRLEY VAN NTEN Clerk of the Council County Executive Date: NIaM4 3, )42g APPROVED AS TO FORM: iwaal I J. Wa s, 1;n7-eT l:lv Deputy Prosec ing Attorney Date drafted 1/25/89 ORDINANCE - 2. date drafted: 2/2/89