Chapter 4.15
ROAD IMPROVEMENT DISTRICT 31 FUND

Sections:

4.15.010    Creation and purpose.

4.15.020    Source of resources.

4.15.030    Administration of fund.

4.15.010 Creation and purpose.

There is hereby created a road improvement district 31 fund (217), which shall be used to account for the revenues and expenditures associated with the improvements constituting the bridge across the South Fork of the Stillaguamish River connecting 342nd Drive NE to Monte Cristo Grade Road as established by ordinance 08-088.

(Added by Ord. 08-088, July 9, 2008, Eff date July 24, 2008)

4.15.020 Source of resources.

The road improvement district 31 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 described in SCC 4.15.010.

(Added by Ord. 08-088, July 9, 2008, Eff date July 24, 2008)

4.15.030 Administration of fund.

The director of the department of finance or his or her designee shall administer the road improvement district 31 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. 08-088, July 9, 2008, Eff date July 24, 2008)