1586_00001ORDINANCENO.1586
AN ORDINANCECREATINGNEW GO BOND RESERVEFUNDSAND TRANSFER-
RINGFUNDSPREVIOUSLYRESERVED IN 500 FUNDSTO 200 FUNDSANDAMENDINGTHE1993BUDGET
THE CITYCOUNCIL OF THE CITYOF MOSES LAKE,WASHINGTONDO ORDAINASFOLLOWS:
Section 1.The following funds shall be created:216 -Central Services Debt Service Reserve;220 -
Equipment Rental Debt Service Reserve;and 229 -Building Debt Service Reserve.
Section 2.The 1993 Budget shallbe amended as necessary and the followingamountsshall be transferred:$410,038shall be transferredfrom Fund 516 -CentralServices Debt ServiceReserveto Fund 216 -CentralServicesDebtServiceReserve;$1,161,618shall be transferredfrom Fund 520 -Equipment Rental DebtServiceReservetoFund220-Equipment RentalDebt ServiceReserve;and $2,701shall be transferredfromFund529-BulldingDebt Service Reserveto 229 -Building DebtService Reserve.
Section 3.Thefunds shall be restrictedfor GOdebt serviceand the funds shallnot be transferredor usedforotherpurposesuntiltheGOdebtlimitreducestoallowsuchtransferoruse.
Section 4.This ordinance shall take effect and be in force five (5)days after its passage and publication
as provided by law.
Adopted bythe CityCounciland signed by its Mayor on August 10,1993.
'Mayor
inance Director
Published:8/13/93