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HomeMy WebLinkAboutOrdinance No. 2013-001-TBD Adopting the Arlington Transportation Benefit District Budget for Year 2014ARLINGTON TRANSPORTATION BENEFIT DISTRICT Arlington, Washington ORDINANCE NO. 2013-001 TBD AN ORDINANCE ADOPTING THE ARLINGTON TRANSPORTATION BENEFIT DISTRICT BUDGET FOR THE YEAR 2014 WHEREAS, subsequent to due notice and public hearing thereon, the Arlington Transportation Benefit District Governing Board has approved the annual budget for the year 2014; NOW, THEREFORE, BE IT RESOLVED BY THE GOVERNING BOARD OF THE ARLINGTON TRANSPORTATION BENEFIT DISTRICT OF THE CITY OF ARLINGTON, WASHINGTON AS FOLLOWS: 1. The expenditures budget for the District for the calendar year ending December 31, 2014 of $468,500 is hereby adopted. (Exhibit 1 attached) Passed by the Governing Board of the Arlington Transportation Benefit District, Arlington Washington, at a regular open public meeting thereof held on thi4ta day of 2013. ARLINGTON TRANSPORTATION BENEFIT DISTRICT Barbara Tolbert, Chairperson ATTEST: � �� 11 Krist Banfield, Boa d Clerk ORDINANCE NO. 2013-001 TBD Arlington Transportation Benefit District 2014 Budget Beginning Fund Balance Revenues Sales Tax Receipts Interest Income Total Revenues Expenditures Transportation Improvement Project Costs Insurance - WCIA Reimburse Election and Insurance Costs Paid by City Total Expenditures EXHIBIT 1 2014 600,000 500 600,500 450,000 2,500 16,000 468,500 Ending Fund Balance $ 132,000 SUMMARY OF ORDINANCE ADOPTION You are hereby notified that on December 2, 2013, the Governing Board of the Arlington Transportation Benefit District in Arlington, Washington, did adopt Ordinance No. 2013-001 TBD entitled, "AN ORDINANCE ADOPTING THE ARLINGTON TRANSPORTATION BENEFIT DISTRICT BUDGET FOR THE YEAR 2014" This ordinance is effective immediately upon its passage. The full text of the ordinance is available to interested persons and will be mailed upon request. A", �k�T-W� - Kristi Banfield City Clerk City of Arlington CERTIFICATION OF ORDINANCE I, Kristin Banfield, being the duly appointed and acting Clerk of the Arlington Transportation Benefit District, a municipal corporation, do hereby certify that the following Ordinance No. 2013-001 TBD was approved at the December 2, 2013 Arlington Transportation District meeting. ORDINANCE NO. 2013-001 TBD "AN ORDINANCE ADOPITNG THE ARLINGTON TRANSPORTATION BENEFIT DISTRICT BUDGET FOR THE YEAR 2014" A true and correct copy of the original ordinance is attached. Dated this 3rd day of December, 2013. Kristi Banfield Clerk for the Arlington Transportation Benefit District