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RESOLUTION NO. -b ‘11-6 <br /> A RESOLUTION recognizing that the <br /> original intent and purpose of Fund No. <br /> 148, Program 636 Boat Launch, has been <br /> accomplished and that the new intent and <br /> purpose shall be to acquire, maintain, <br /> and operate a harbor patrol boat . <br /> WHEREAS, the City of Everett did establish a Cumulative Reserve <br /> Fund No. 148 for the purpose of providing for a boat launch; and <br /> WHEREAS , the boat launch has been completed and no further <br /> improvements or additional phases are contemplated or have been <br /> identified; and <br /> WHEREAS, RCW 35. 21 . 070 further stipulates that any moneys in the <br /> fund shall never be used or expended for any other purpose than <br /> those originally specified, without an approving vote by a <br /> two-thirds majority of the members of the legislative authority of <br /> the city; and <br /> WHEREAS, the original intent and purpose of Fund No. 148 has now <br /> been satisfied, with the completion of the boat launch, leaving a <br /> balance of unexpended funds; <br /> NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY <br /> OF EVERETT that the new intent and purpose of the remaining balance <br /> and any additional funds which may be added to Fund No. 148, will be <br /> to provide for the capital acquisition, maintenance, and operation <br /> of the police harbor patrol boat . <br /> Be it futher resolved, that Fund 148 creates a new program No. <br /> 372, Police Boat, for the purposes of paying capital acquisition, <br /> maintenance, and operating costs of a police harbor patrol boat . <br /> Be it further resolved, that $13, 356 be allocated for the <br /> initial payment of the patrol boat in accordance with the bid <br /> specifications and bid award approved by Council on November 6, 1985 . <br /> Be it further resolved, that the balance of the fund be <br /> allocated for additional capital acquistion, maintenance, and <br /> operating costs of the police boat during 1986 and forward in <br /> accordance with the annual budget approved by Council . <br /> Councilman Introducing Resolution <br /> PASSED AND APPROVED this day of ZF-c. , 1985 . <br /> / <br /> I <br /> "Council Pr fident <br /> 0116W L <br />