(A) There hereby is authorized and established and hereafter shall be maintained, as provided for by an Act of the General Assembly of the State of Illinois entitled An Act to provide for the acquisition, equipment, conduct and maintenance of public playgrounds and recreation centers in and by cities, towns and villages of less than 150,000 inhabitants, approved June 24, 1921, as amended, a fund for the equipment, conduct and maintenance of public playgrounds and recreation centers in the said city and that for the establishment of such fund there shall be, and hereby is, levied an annual tax of not to exceed 9 mills on each dollar of assessed valuation of all taxable property within the corporate limits of said city.
(B) That the amounts realized from the levy and collection of the tax provided for in division (A) above of this section shall be placed in a special fund to be denominated Recreation Fund, and shall be expended by said Board in the equipment, operation and maintenance of such playgrounds and recreation centers, said fund to be disbursed under the direction of said Board and to be paid out upon warrants drawn upon the City Treasurer by such Board, signed by its chairman and 1 other officer or employee; but such expenditures so made in any 1 year shall not exceed the amount annually provided for unless such excess be donated or otherwise contributed, the right being hereby conferred upon such Board to receive and expend upon and for such playgrounds and recreation centers any voluntary donations made therefore.
(Ord. 856, passed 11-4-1974)