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68 <br /> April 25,1979 <br /> f yP Hugh an,Peuce,stated this `pr <br /> aisvavecat <br /> ran <br /> as cantr u t eof 508 of the appraised <br /> Brad•Cattle,City Attorney,r proposed oz <br /> to include Section 4,which reads as follows: <br /> section 4. n payment of-the required compensation a <br /> this ordinance <br /> of be cordedowi r <br /> rdinance s 11`be recorded with the Snohomish <br /> moved <br /> litHr <br /> by nc <br /> County <br /> useconded be Counciouncil lman Langur,that i <br /> ty Clerk iclared,o beit ecteddato calllnthefroll for thelfinal dispoo. 0itionsofthe <br /> --the <br /> City as amended. • <br /> Roll Call. Ayes: angor,M iron Baker,Gipson.Aldcroft,Pope, <br /> O erstreetah <br /> Nays: None • <br /> Ordinance 594-79 Adapted. <br /> PLAN AND SYSTEMS PROCEDURE <br /> Bill Cushman, Director,reported that in 1977 <br /> had asked.at capital p anything`O r`7250A,000`,ox <br /> bee luded fromtheoerating budgetc`In of the budgeting process, <br /> the Auditor asked L City t a plan andlieu <br /> procedure,which <br /> has been in operation the last two years. <br /> ahman pointed out 3 items i Plan a Systema.Ordinance that <br /> are applicable: 1)identifying source))of r 2)identifying <br /> objects of a 3)interim financing. He stated that gra money, <br /> Sharing,i e priorto <br /> construction;itois made available on a reimbursement ba <br /> Council Bills Nos.794-164.165,166,167,163 and 169 authorize the City <br /> Treasurer to b money o e <br /> .short t basis to construction <br /> satisfy c Lion <br /> costa until money feavailable through therermbursement process. <br /> ISI COUNCIL BILL 794-164 <br /> FINAL READ.G: <br /> mending O -775 Central Business <br /> AN Nae <br /> Phase2 Fund 311,byaddin. authonfaing thect • <br /> • City Treasurer to issue interest bearing construction warrants... <br /> Cidby Councilman Michelson,seconded by Councilman Gipson,that this <br /> Moved declared to be the final reading of CouncilnBill 794-164,,andHthe', <br /> tyeC k is directed to call the roll for.efinal disposition of the <br /> City <br /> Roll Call: Ayes: angua,Micbelson,Gipson;Aldcroft,Pope, <br /> Nays: None <br /> Abstain. Baker <br /> Ordinance 595-79 Adopted. <br />