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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. |
Effective February 1, 1997, the City Council has determined that expenditures are necessary by the City for capital improvements for the City. The Council further determines that capital improvements funding each year be in accord with an evaluation of total budget needs. (Ord. 11-18)
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