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941 Budget Amend 2011 NSP remainingCITY OF YELM ORDINANCE NO. 941 AN ORDINANCE of the City of Yelm amending the 2011 City of Yelm Budget, adopted by Ordinance No. 929 (12/10), by adjusting the appropriations and expenditures to account for the remaining CTED grant funding. WHEREAS, Washington State Department of Community, Trade and Economic Development (herein known as CTED) and U.S. Department of Housing and Urban Development (HUD) entered into an agreement with the City of Yelm in 2009 to facilitate the use of federal grant funding known as the Neighborhood Stabilization Plan (NSP) to the City of Yelm; and WHEREAS, receipt of the grant funding was reimbursed from the HUD as expenses were incurred; and WHEREAS, the 2011 City of Yelm Budget did not include appropriation and expenditure line items to account for the balance remaining of the original $640,505.00 grant amount; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF YELM, WASHINGTON DO ORDAIN AS FOLLOWS: Section 1. The 2011 City of Yelm Budget is amended by the appropriations and expenditures for the following CTED grant funding remaining at the close of the 2010 fiscal year ending December 31, 2010; Revenue 197 333 14 25 01 $22,611.27 Expenditure 197 559 20 41 01 $22,611.27 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 signed in Authe~cation on this 12th day of July, 2011. Ron Harding-, Authenticated: nine Schnepf, City CI ~- Published Nisqually Valley News, July 22, 2011 Effective; July 27, 2011 City of Yelm Ordinance No. 941 Page 1 of 1