Chapter 4.108
ROAD IMPROVEMENT DISTRICT 24A FUND

Sections:

4.108.010    Creation and purpose.

4.108.020    Sources of resources.

4.108.030    Administration of fund

4.108.010 Creation and purpose.

There is hereby created a road improvement district 24A fund (218), which shall be used to account for the revenues and expenditures associated with the improvements at Smokey Point Boulevard, 172nd Street NE and 152nd Street NE as provided by Ordinance 87-130.

(Added by Ord. 07-141, Dec. 19, 2007, Eff date Jan. 1, 2008)

4.108.020 Sources of resources.

The road improvement district 24A fund shall contain revenues from interim financing warrants, interfund loans, commercial lending institution loans, special benefit assessments, appropriations, gifts, bequests, bond proceeds or other financing sources relevant to the improvements at Smokey Point Boulevard, 172nd Street NE and 152nd Street NE as provided by Ordinance 87-130.

(Added by Ord. 07-141, Dec. 19, 2007, Eff date Jan. 1, 2008)

4.108.030 Administration of fund

The director of the department of finance or his or her designee shall administer the road improvement district 24A fund within the financial management system provided for in chapter 2.100 SCC, and shall serve as the fund manager. The fund manager shall have the duties set out in SCC 4.05.050.

(Added by Ord. 07-141, Dec. 19, 2007, Eff date Jan. 1, 2008)