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(a) There is hereby created and established within the Treasury of the City of Los Angeles a separate fund to be known as the “Rent Stabilization Trust Fund,” hereinafter referred to as the “Fund.”
(b) All monies received or collected by the City as fees, penalties or otherwise arising out of the provisions of the City’s Rent Stabilization Ordinance, as that ordinance is set forth in Chapter XV of the Los Angeles Municipal Code, shall be deposited into the Fund.
(c) The Fund shall be administered, and expenditures therefrom shall be authorized, by the General Manager of the Los Angeles Housing Department or the designee thereof in accordance with established City practice. There shall be no expenditure, transfer or other form of disbursement of money from the Fund, or any authority provided or granted with respect thereto, except for purposes directly related to the implementation and administration of the City’s Rent Stabilization Ordinance, unless the City provides otherwise by ordinance which amends this section.
(d) All interest and other earnings attributable to monies in the Fund shall be credited to the Fund.
SECTION HISTORY
Added by Ord. No. 157,695, Eff. 6-26-83.
Amended by: Ord. No. 173,305, Eff. 6-30-00, Oper. 7-1-00; Ord. No. 182,718, Eff. 10-30-13; Subsec. (d) added, Ord. No. 186,448, Eff. 12-30-19; Ord. No. 187,122, Eff. 8-8-21.
(a) There is hereby created and established within the Treasury of the City of Los Angeles a separate fund to be known as the “Capri Clean-Up Trust Fund,” hereinafter referred to as the “Fund.”
(b) The Fund shall be used for the receipt and deposit of money received from the State of California along with any interest earned thereon, and other moneys, and shall be only expended therefrom pursuant to and in implementation of City Contract No. C-61348 entered into between the City of Los Angeles, as contractor, and the State of California, acting through the Chief, Contract Management Section of the Department of Health Services, as payment for the work of any City contractor or contractors for clean-up operations applicable to the Capri Pumping toxic waste dump in Los Angeles.
(c) Any money obtained from salvage efforts with respect to site clearance contemplated under Contract No. C-61348 shall be placed into a controlled account in the Fund and disbursed therefrom only after and pursuant to arrangements made between the administration of the Fund and the State Department of Health Services.
(d) The Fund shall be administered, and expenditures therefrom shall be authorized, by the Director of the Bureau of Sanitation or the designee thereof in accordance with established City practice. There shall be no expenditure, transfer or other form of disbursement of money from the Fund, or any authority provided or granted with respect thereto except for purposes directly related to the implementation and the administration of City Contract No. C-61348.
(e) In the event the terms and conditions of work to be performed under the contract have been satisfied, or the contract has been terminated, and the City’s commitments entered into pursuant to the contract have been satisfied and all accounts have been paid, the City Controller, upon approval by the City Council by resolution, may release any remaining moneys in the Fund upon request of the Director of the Bureau of Sanitation for the purposes of reimbursement to the State as contemplated by the contract for deposit into the State’s Hazardous Substance Account in the General Fund of the State created under Health and Safety Code Sections 25330, etc., administered by the State Director of Health Services.
(f) For purposes of this section, Contract No. C-61348 shall include any duly processed supplements or amendments thereto.
SECTION HISTORY
Added by Ord. No. 157,694, Eff. 6-27-83.
a. There is hereby created and established within the Treasury of the City of Los Angeles a Trust Fund to be known as “Furtherance of International Earthquake Conference Goals Fund,” hereinafter referred to in this article as the “Fund.”
b. The Fund shall be used for the deposit of, and to provide funds for the furtherance of the collection, exchange, and dissemination of seismic research information to enhance the general understanding and public awareness of the need for, and implementation of, pre-earthquake preparedness and planning, and of the development of emergency response and hazard mitigation plans, recovery methods and practices and the availability thereof to and through local government for application and use by those responsible for their implementation in the City with respect to earthquakes.
c. The fund is to be administered by the City Clerk and expenditures are only to be made therefrom for said purposes and only after approval by the City Council by resolution.
d. All offers of gifts, contributions or bequests for any of the purposes set forth in this section, whether in money or property, may be accepted on behalf of the City of Los Angeles by either the President of the City Council or any person who has been designated by the City Council as Coordinator of Seismic Programs. When accepted, any monetary gift, contribution or bequest shall be placed in the Fund. The Controller shall establish a separate account for each accepted monetary gift, contribution or bequest which includes any special requirements, qualifications or conditions of use. No money shall be expended from such special account except in satisfaction and in compliance with those special requirements, qualifications or conditions. All other accepted monetary gifts, contributions or bequests shall be placed in a general account established by the Controller for the purposes set forth in this section. All gifts, contributions or bequests of any kind shall be used only for the purposes set forth in this section. The title to any personal property accepted by either the President of the City Council or the Coordinator of Seismic Programs shall vest in the City of Los Angeles.
SECTION HISTORY
Added by Ord. No. 158,207, Eff. 9-12-83.
Amended by: Subsec. c., Ord. No. 160,220, Eff. 9-7-85; Subsec. d. added, Ord. No. 161,031, Eff. 4-28-86; Subsec. c., Ord. No. 164,508, Eff. 4-10-89; Subsec. c., Ord. No. 164,741, Eff. 5-27-89, Oper. 7-1-89.
(a) There is hereby created and established within the Treasury of the City of Los Angeles a separate fund to be known as the “Coral Tree Trimming Trust Fund”, hereinafter referred to as “Fund”.
(b) The Fund shall be used for the receipt and deposit of any money received from the SOS Coral Tree Committee or any other entity for the trimming of the coral trees along San Vicente Boulevard in the Brentwood area, and shall only be expended therefrom for the trimming of coral trees along San Vicente Boulevard in the Brentwood area.
(c) The fund shall be administered and expenditures therefrom shall be authorized by the Director of the Bureau of Street Maintenance or the designee thereof within established City practice. There shall be no expenditure, transfer or form of disbursement of money from the Fund, or any authority provided or granted with respect thereto, except for purposes directly related to the trimming of such coral trees on San Vicente Boulevard.
(d) In the event the work of tree trimming herein described is performed, or any contract for such work is terminated the City Controller, upon approval by the City Council by resolution, may release any remaining monies in the fund upon request of the Director of Street Maintenance for the purpose of payment to the SOS Coral Trees Committee or other entity entitled to receive same.
SECTION HISTORY
Added by Ord. No. 158,174, Eff. 9-26-83.
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