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HomeMy WebLinkAboutOrdinance 2014-001-TBD AN ORDINANCE ADOPTING THE TRANSPORTATION BENEFIT DISTRICT BUDGET FOR THE YEAR 2015ARLINGTON TRANSPORTATION BENEFIT DISTRICT Arlington, Washington ORDINANCE NO. 2014001 TBD AN ORDINANCE ADOPTING OF THE GOVERNING BOARD OF THE ARLINGTON TRANSPORTATION BENEFIT DISTRICT BUDGET FOR THE YEAR 2015 WHEREAS, subsequent to due notice and public hearing thereon, the Arlington Transportation Benefit District Governing Board has approved the annual budget for the year 2015; 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 the District for the calendar year ending December 31, 2015 of $961,054 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 held on this la-- day oflyr>IIr , 2014. ARLINGTON TRANSPORTATION BENEFIT DISTRICT at klma- lLi Barbara Tolbert, Chairperson ATTEST: Kristin ftanfield, Board Clerk APPROVED AS TO FORM: Steve Lei�e, Boar Attorney ORDINANCE NO, 2014-001 TBD 1 Arlington Transportation Benefit District EXHIBIT 1 2015 TBD Budget Beginning Fund Balance $ 293,000.00 Revenues Sales Tax Receipts $ 800,000.00 PSRC Grant $ 134,965.00 Interest Income $ 500.00 Total Revenues $ 1,228,465.00 Expenditures Design/Consultant Services $ 30,000.00 Transportation Improvement Project Costs $ 928,554.00 Insurance - WCIA $ 2,500.00 Total Expenditures $ 961,054.00 Ending Fund Balance $ 267,411.00 SUMMARY OF ORDINANCE ADOPTION You are hereby notified that on December 1, 2014, the Governing Board of the Arlington Transportation Benefit District in Arlington, Washington, did adopt Ordinance No. 2014-001 TBD entitled, "AN ORDINANCE ADOPTING THE ARLINGTON TRANSPORTATION BENEFIT DISTRICT BUDGET FOR THE YEAR 2015" This ordinance is effective on January 1, 2015. The full text of the ordinance is available to interested persons and will be mailed upon request. Kristi anfield City Cler 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. 2014-001 TBD was approved at the December 1, 2014 Arlington Transportation District meeting. ORDINANCE NO. 2014-001 TBD "AN ORDINANCE ADOPITNG THE ARLINGTON TRANSPORTATION BENEFIT DISTRICT BUDGET FOR THE YEAR 2015" A true and correct copy of the original ordinance is attached. Dated this 2nd day of December, 2014. Kristin �nfield Clerk for the Arlington Transportation Benefit District