a. There is hereby created a special revenue fund within the City's general accounting system entitled "Parks Development Fund" which shall be funded by the following:
(1) All ad valorem tax receipts, as prescribed hereinbelow, from properties located within the Hartland Planned Community;
(2) All employee withholding fees, as prescribed hereinbelow, derived from employees of businesses permanently located within the Hartland Planned Community;
(3) All net profit fees, as prescribed hereinbelow, for businesses which are permanently located within the Hartland Planned Community; and,
(4) Any other funds which may be so appropriated.
b. All disbursements from said Parks Development Fund shall be used solely and only to provide a funding source for:
(1) The construction, repair, maintenance and/or operations of the CrossWinds Golf Course; and
(2) Capital projects relating to recreational facilities, physical plant and grounds of the Department of Parks and Recreation.
c. No disbursements shall be made from said Parks Development Fund that are not in accordance with an approved and/or amended budget appropriation.
(Ord. BG90-11, 3/6/90; Ord. BG2016-49, 1/3/2017)