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936 Budget Amend Mosman CorridorCITY OF YELM ORDINANCE NO. 936 AN ORDINANCE of the City of Yelm amending the 2011 City of Yelm Budget, adopted by Ordinance No. 929 (12/10), by adding project budget appropriations for the Mosman Corridor Study and 2nd Street Improvement within Fund 102, Arterial Streets, authorizing a transfer out of Fund 102, Capital Reserves; and declaring an effective date. WHEREAS, the Capital Reserve for Roads/ Streets was appropriated in the 2011 Budget, Fund 102, Arterial Streets for certain additions and betterments of the roads and streets in the City; and WHEREAS, the Downtown Well Rehabilitation Project includes infrastructure improvements that include construction along both 2nd Street and Mosman; and WHEREAS, the Mosman Corridor Project is now in the preliminary engineering phase; and WHEREAS, an Ordinance is a requirement to amend the adopted budget; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF YELM, WASHINGTON DO ORDAIN AS FOLLOWS: Section 1. The 2011 City of Yelm Budget, Fund 102, Arterial Streets is amended by the transfer from the Capital Reserve 102 595 00 00 00 to the Mosman Corridor Study 102 542 10 00 01 and 2"d Street Construction (DT Well) 102 542 30 00 00 . Capital Reserve-Roads Streets Transfer Out 102 595 00 00 00 $89,537 2"d Street Construction Transfer In 102 542 30 00 00 $20,000 Mosman Corridor Transfer In 102 542 10 00 01 $69,537 Section 2. Ratify and Confirmation Clause -Any action taken pursuant to this ordinance but prior to the effective date is hereby ratified and confirmed. PASSED and signecj in thentication on this 12'h day of April, 2011 on Harding, Mayor Authenticated: ~~~ G ~ anine Schn pf, City CI c Effective: April 27, 2011 Published: Nisqually Valley News, April 22, 2011 City of Yelm Ordinance No. 936 Page 1 of 1