§ 3.15.020. Park improvement fund created.  


Latest version.
  • There is hereby established in the City Treasury a fund for the fiscal administration and accounting for revenue and expenditures associated with park and related facilities. Said fund shall be entitled "City Parks Improvement Fund."

    A.

    Fund created. There is hereby established in the City Treasury a special fund designated and known as the "City Parks Improvement Fund."

    B.

    Revenue. All sums received as revenue, income, fees, or donations to the City's park facilities and recreation programs shall be deposited, to and kept in the "City Parks Improvement Fund."

    C.

    Expenditures. The "City Parks Improvement Fund." shall be used and expended only: (1) for the payment of necessary or proper expenditures or obligations incurred in or incident to the maintenance, repair, improvement, or capital projects for the City's parks, and (2) usual expenses related to the administration of the fund. Disbursements shall be made out of said fund upon the request of the Director of Parks and Recreation.

    D.

    Administration. The Finance Director is charged with administration of said fund.

(Ord. 3585 § 1, 6/20/2017; Ord. 2890 § 11, 10/13/1995)