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327 Amend Budget 1986TOWN OF YELM ORDINANCE NO. 327 AN ORDINANCE amending Town of Yelm Ordinance No. 310 and the Town of Yelm Budget and Employee Salary Schedule for the calendar year 1986. WHEREAS, the Town Council has heretofore stated a policy of encouraging and promoting revitalization and rehabilita- tion of the downtown area of Yelm, and of certain adjacent areas; and WHEREAS, the Town Council has sought and been awarded a Block Grant designed to facilitate such policy and objec- tive; and WHEREAS, Resolution No. 173 has heretofore been adopted by vote of the Town Council on the 10th day of September, 1986, as enabling legislation for the said municipal reha- bilitation program; and WHEREAS, certain rehabilitation projects have been applied for and approved and are now under construction, pursuant to the Block Grant Program and Resolution No. 173; and WHEREAS, certain construction debts have been incurred and are now payable for the initial projects undertaken under the aforesaid program; and WHEREAS, anticipated funds designed to pay these construc- tion costs and expenses, and constituting a part to the afore- said grant are anticipated but have not yet been received; and WHEREAS, these expenses could not have been anticipated at the Council's adoption of the 1986 Budget, as the Grant had not yet been awarded to the Town, but must nevertheless be provided for and paid on an interim basis, and an emergen- cy exists as a result thereof; NOW, THEREFORE, BE IT ORDAINED AND ESTABLISHED BY THE COUN- CIL OF THE TOWN OF YELM, THURSTON COUNTY, WASHINGTON, as follows: Section 1. Town of Yelm Ordinance No. 310 and the Town of Yelm Budget for the calendar year 1986 should be, and the same hereby is amended to provide that the monies and pro- jections in the Town funds hereinafter set forth, or so much thereof as may be necessary, are hereby budgeted and appropri- ated for the calendar year 1986, for the purposes for which each said fund has been established and maintained: Fund Carryover (est.) Revenue (est.) Expense Current $190,031.00 $495,443.00 $565,474.00 Section 2. The totals in Appendix I annexed to the said prior Ordinance No. 310 should be and hereby are amended to reflect the above changes in the current expense fund. Section 3. Except as specifically amended hereinbe- fore, each and every remaining provision and particular of Ordinance No. 310 and the 1986 Budget annexed as Appendix I thereof should be and hereby is continued in full force and effect; Section 4. A State of Emergency is declared to exist, necessitating immediate remedial action, and this Ordinance shall take effect immediately upon its passage, approval, and execution, after which publication shall follow as soon as is practicable. Hon. Ronald Lawton, Mayor Attest Richard Patrick, Town Clerk Passed: December 10, 1986 Approved: December 10, 1.986 Published: December 18. 1986 ORDINANCE AMENDING 1.986 BUDGET, Page Two and Last