Funds shall be allocated and expended by the CBR in accordance with the following conditions: the filing with the City Recorder of materials showing compliance with § 4.24.160 before any funds are released. A report will be prepared annually and provided to the City Recorder on June 1, of each year that the district is in effect. The annual report will include a current budget, including an annual financial statement, scope of work and list of accomplishments of the CBR from the prior year.
(Ord. 1113, passed 2-19-2003)