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944 Library Building FundCITY OF YELM ORDINANCE NO. 944 AN ORDINANCE OF THE CITY OF YELM AMENDING ORDINANCE NO. 478, (8/93), ESTABLISHING THE YELM LIBRARY BUILDING FUND No. 110 FOR THE REVENUE AND EXPENDITURE OF DONATIONS TO THE YELM LIBRARY BUILDING, AND DECLARING AN EFFECTIVE DATE. WHEREAS, the Yelm Library Donation fund was closed for inactivity and the number used for another fund; and WHEREAS, there is renewed interest in fundraising in support of maintaining the current location of the Yelm Library; and WHEREAS, all gifts of money or property made for the benefit of the library, the library building(s) or equipment, and all equipment and other property donated for library purposes, whether through the Yelm Library Advisory Board or to the City directly, shall become the property of the City, held for library purposes; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF YELM, WASHINGTON DO ORDAIN AS FOLLOWS: Section 1. There is hereby created within the City of Yelm Budget a fund to be known as the Librarv Building Fund Fund No. 110. There shall be deposited in said Fund all monies received from public or private sources for the purpose set forth in Section 2 below. Section 2. Revenue to the voi.,, I ihrr.r~i C„r„~ Librarv Building Fund shall consist of monies derived from public and private sources for expenditures related to the purchase and building maintenance of the Yelm Timberland Libra Section 3. This Ordinance shall be effective September 7, 2011, being a date not less than five days after publication. ADOPTED and signed in authentication on this 23`d day of August, 2011 ,~ ,' ', ~.~ c, R n Hardin , ~M~'yor Authenticated: ~ J ine Schnepf, City Jerk Effective: September 7, 2011 Published: Nisqually Valley News, September 2, 2011 City of Yelm Ordinance No. 944 Page 1 of 1