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A. The proper City officials are hereby authorized and directed to pay and turn over to the Pikes Peak Regional District Library all income, payments and benefits accruing from the Willard B. Perkins trust, the Margaret P. Woods trust and the Paul Sabine memorial trust.
B. The provisions of this part are effective until the participation of the City in the Pikes Peak Regional District Library program is officially terminated. (Ord. 11-18)
The fund shall continue until terminated by the City Council, and fund monies may be carried over from year to year. The fund shall be expended for the replacement of damaged or destroyed trees or shrubs located on City property and for the planting of new trees and shrubs on City property. If the monies accumulated in the fund exceed the needs for the above activities, any excess monies shall be transferred to the City's general fund for annual appropriation purposes. (Ord. 11-18)
PART 8 SALES AND USE TAX CAPITAL IMPROVEMENT FUND 1
SECTION:
1.6.801: Fund Created
1.6.802: Purpose Of Fund
1.6.803: Source Of Revenue
1.6.804: Expenditures From The Fund
Notes
1 | 1. Prior ordinance history: Ord. 84-27; Ord. 88-108; Ord. 92-149; Ord. 93-93; Ord. 93-176; Ord. 94-206; Ord. 95-182; Ord. 96-208; Ord. 01-42. |
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