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Sec. 5.429. Creation and Administration of the Fund.
 
   (a)   There is hereby created and established in the Treasury of the City of Los Angeles a special trust fund to be known as the "Integrated Solid Waste Management Trust Fund", hereinafter referred to in this Chapter as the "Fund".
 
   (b)   The purpose of the Fund shall be for the receipt, retention and disbursement of grant and other monies and property accepted from persons or entities other than the City by the Director of the Bureau of Sanitation, hereinafter referred to in this Chapter as the "Director", subject to the processing of such grant and other monies and property being accomplished pursuant to required City procedures. The Fund also shall be used for the receipt, retention and disbursement of monies derived from fees for items purchased with Fund disbursements, including, but not limited to, recycling and source reduction publications, audio and video tapes, guides, directories and other printed matter. Additionally, the Fund shall be used for the receipt, retention and disbursement of monies from the franchise fee derived from Sunshine Canyon. The Fund shall also be used for the receipt, retention and disbursement of fifty percent (50%) of the monthly gross revenue derived from Revenue Source Number 4088 - "Sale of Recyclables", which shall be placed in a Sale of Recyclables account to be established in the Fund by the Controller.
 
   (c)    The Fund shall be used to support the programs and activities of the Solid Resources Program. The fund may be used to support programs and activities whose goals and purposes support the conservation of resources and products within the City and that encourage reducing, reusing and recycling resources and products. The Fund also may be used to purchase or pay for personnel, equipment, materials and services in support of related programs and activities. Additionally, the Fund may be used to support the programs and activities of community based non-profit organizations whose objectives and purposes support the conservation of resources and products in the City by encouraging the reduction, reuse and recycling of resources and products. Grant awards shall be subject to all of the provisions of the Charter and this Code related to the awarding of grants and subject to the approval of the City Council and the Mayor. The Fund also may be used to develop technology and infrastructure for alternative fuel refuse collection and transfer vehicles and to fund the acquisition of transfer vehicles. The Fund also may be used to support research for alternative methods for municipal refuse disposal. The Fund also shall be devoted to the education and training of City employees and the development of materials to promote recycling for the City Facilities Recycling Program.
 
   (d)   The Fund shall be administered by and shall be under the jurisdiction and control of the Board of Public Works. Expenditures from the Fund shall be authorized by the President of the Board of Public Works or his or her designee in accordance with established City practice.
 
   (e)   All gifts, contributions or bequests to the City for the purposes set forth in this Chapter which exceeds the sum of $5,000 in value shall be submitted to the City Council for acceptance or rejection. All such gifts, contributions or bequests which do not exceed the sum of $5,000 in value shall be submitted to the Director for acceptance or rejection.
 
   (f)   Monies from grants or other contributions received from federal agencies, state or private sources for integrated solid waste management recycling activities shall be placed in the Fund.
 
   (g)   The Director shall inform the Controller of any special terms or conditions placed on the use of monies accepted for deposit in the Fund. The Controller shall establish a separate account in the Fund for all accepted monetary gifts, contributions or bequests which contain any special term or condition. No money shall be expended from the Fund except in compliance with each special term or condition under which such money was accepted. Any request for an expenditure of money from any separate account shall be accompanied by sufficient information for the Controller to determine that the proposed expenditure would not contravene the specific use for which the separate account was established.
 
   (h)   All monetary gifts, contributions or bequests that are accepted without special terms or conditions upon their use shall be placed by the Controller in a general account established in the Fund.
 
   (i)   All interest or other earnings attributable to monies in the Fund shall be credited to each account in the Fund to which they are attributable and shall be devoted to the purposes thereof.
 
   (j)   The Director shall report to the City Council and the Mayor identifying all receipts into, and all expenditures out of the Fund, as well as the purposes for which the expenditures were made. Each report shall cover a fiscal year and shall be submitted within 60 days after the close of the fiscal year.
 
   (k)   The President of the Board of Public Works shall cause all personal property, whether acquired by gift or bequest or by purchase through the expenditure of money from the Fund, to be properly registered in the City's Equipment Inventory System.
 
SECTION HISTORY
 
Added by Ord. No. 168,526, Eff. 2-22-93.
Amended by: Chapter and Section, Ord. No. 172,906, Eff. 1-7-00; Ord. No. 181,041, Eff. 1-28-10.