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890 Budget Amend Longmire ParkCITY OF YELM ORDINANCE NO. '" AN ORDINANCE amending the City of Yelm 2008 Budget as adopted by Ordinance No. 886 (12/07), increasing the Longmire Park Fund budget by transferring from the Cumulative Reserve & Urban Development Fund, and declaring an effective date. WHEREAS, the Longmire Park Fund needs $45,260 additional appropriations to purchase playground equipment and remain in a positive cash flow position; and WHEREAS, the Cumu-ative Reserve & Urban Development (CR&UD) Fund has sufficient reserve available for capital projects to cover the playground equipment; and WHEREAS, Longmire Park equipment costs are suitable expenditures for Urban Development Fund reserves; NOW, THEREFORE, The City Council of the City of Yelm do ordain as follows: Section 1. The Longmire Park Fund 2008 Annual Budget Appropriation shall be amended by increasing the appropriation in the amount of $45,260. This shall be achieved by appropriating an additional $45,260 transfer from Cum Reserve & Urban Development Fund (104). Revenue Change: LONGMIRE PARK FUND (314) 314 000 000 397 76 63 03 TRANSFER IN CR&UD Expense Change: LONGMIRE PARK FUND (314) 314 000 000 596 76 64 00 MACHINERY & EQUIPMENT CR&UD Fund - No Net Change to Fund Appropriation 2008 Amended Budget Budget Budget Chance $ 0.00 $ 45,260 $ 45,260 $ 35,000 $ 80,260 $ 45,260 104 000 000 597 76 63 03 TRANSFER OUT TO L. PARK $0.00 $45,260 $45,260 104 000 000 596 00 00 00 CUMULATIVE RESERVE $290,747 $245,487 ($45,260) Section 2. Effective Date. This Ordinance shall take effect five days after passage, approval, and publication. Section 3. Ratify and Confirmation Clause. Any action taken pursuant to this ordinance but prior to the effective date is hereby ratified and confirmed. Adopted by the Yelm City Council at ~, regular meeting thereof this 25th day of March, 2008. Ro`hald W. Hardin~!Mayor Authenticated: ~,~ n J nine Schnepf, City C h Page 1