(a) There is hereby established a special revenue fund to be known as the Circleville Cable Television Special Revenue Fund, Fund Number 211. One hundred percent (100%) of all semi-annual franchise fee payments, as well as all advertising, grants and all other funds generated by the Cable Television Affairs Department, and all other revenue (exclusive of legal fees) received from the franchisee in connection with the negotiation or re-negotiation of the franchise or its enforcement or as settlement of any claims shall be deposited into the Circleville Cable Television Special Revenue Fund Number 211 for a period of three years as of November 16, 2021.
(Ord. 03-10-19. Passed 3-19-19; Ord. 11-64-2021. Passed 11-16-21.)
(b) The expenditures from such Fund shall be limited to those directly related to the enforcement of the franchise and other activities related to the City's obligations and activities thereunder, including without limitation, expenditures related to general and governmental access programming and equipment costs.
(c) The annual appropriation ordinance is hereby amended in the General Fund by transferring all appropriated, unexpended moneys of the Cable Television Fund Account No. 101.0411.1130 to the special revenue fund known as the Circleville Cable Television Special Revenue Fund, Account Number 211.0411.51130.
(Res. 4-33-94. Passed 4-5-94.)