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676 Budget Amend Arterial StreetCITY OF YELM ORDINANCE NO. 676 AN ORDINANCE of the City of Yelm amending 1999 Budget Ordinance 641 (12/98) by increasing the 1999 Revenue and Expenditure allocation for the Arterial Street Fund from $454,462.00 to $489,462.00 and declaring an effective date. WHEREAS, the City's share of costs for the Edwards Street project have exceeded the amount originally budgeted for the project and; WHEREAS, the Yelm City Council recognizes an obligation to meet project costs and provide timely payment to contractors for services performed and materials provided as needed for the project; NOW, THEREFORE, the City Council of the City of Yelm, Thurston County, Washington does hereby ordain: Section 1. 1999 Budget Ordinance 641 is amended to reflect the following changes: Current Fund Expenditure Line 001 000 000 597 00 07 00 Transfer Out/ 102 EDWARDS STREET $14,900 $49.000 Arterial Street Fund Revenue Line 102 000 000 397 00 07 00 Transfer In/001 CURRENT FUND $44- 090 $49,00 0 Section 2. The Arterial Street Fund (102) 1999 Budgeted Revenue and Expenditure Amounts are increased to reflect the following change: Revenue /Expenditure $454, $489,462 Section 3. Effective Date: this ordinance shall become effective on and after November 10, 1999. ADOPTED this 27`'' day of October 1999. 4Katn4Mo:1fa,JMayor' Z Authenticated: Agne P. Bernick, City Clerk PUBLISHED: Nisqually Valley News, November 5, 1999 EFFECTIVE: November 10, 1999