HomeMy WebLinkAboutord1989-0671
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INTRODUCED BY: Consent
PROPOSED BY: Public Works
DATE INTRODUCED: 8 -3 -89
ORDINANCE NO. 89-67
AN ORDINANCE TO REVISE THE 1989
COMMUNITY ECONOMIC REVITALIZATION BOARD FUND
WHEREAS, loans were obtained from the Washington State
Community Economic Revitalization Board to install infrastructure
improvements in the Cordata Industrial Park; and
WHEREAS, the Whatcom County Community Economic
Revitalization Board (C.E.R.B.) Fund was established in 1985 as a
clearing fund to account for C.E.R.B. loan transactions; and
WHEREAS, the 1989 C.E.R.B. Budget anticipated that
construction would be complete by December 31, 1988; and
WHEREAS, some construction costs will be incurred in 1989;
therefore, appropriation authority is needed to reimburse the County
Road Fund for construction of the Cordata project with C.E.R.B. loan
proceeds.
NOW, THEREFORE, BE IT ORDAINED, that the 1989 Community
Economic Revitalization Board Fund is hereby amended as follows:
RESOURCES:
14800.388.00.03
EXPENDITURES:
14803.597.41.55
ORDINANCE - 1.
date drafted 7/24/89
C.E.R.B. 2 Loan Proceeds $63,000.00
Interfund Distrib. /Road Fund $63,000.00
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BE IT FURTHER ORDAINED, Ordinance No. 88.96 is hereby
revised by increasing the appropriation authority of the Community
Economic Revitalization Board fund budget therein to $63,000.00.
APPROVED this 17th. day of August , 1989
WHATCOM COUNTY COUNCIL
WHATCOM COUNTY-, /WjQ3HINGTON
ATTES .
Ramona Reeves
Clerk of the Council
APPROVED AS TO FORM:
anda 1 tts, Chief Civil
Deputy Pros uting Attorney
ORDINANCE - 2
Date drafted 7/24/89
9F ld G.
hairperso
(� APPROVED ( ) VETOED
SHIRLEY VAN ZANTE
County Executive
Date