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(A) An account is established for the deposit of monies for the Madison Community Concert Band. The monies will come from donations, fundraisers, appropriations from city accounts, or from any other lawful source.
(B) The account shall be named the Madison Community Concert Band Fund and all funds contained in said account shall be expended only for the exclusive purpose to pay for direct operating expenses, uniforms, equipment, sheet music, instruments, instrument parts, matching funds for grants and other related expenses required for the continued successful operations of the Madison Community Concert Band.
(C) Prior to any expenditures made from this Fund, the Madison Department of Public Parks shall review the claim(s) submitted to the Clerk-Treasurer and recommend to the Board of Public Works and Safety whether the disbursement should be made. The express and written approval of the Board of Works and Safety shall be obtained prior to the expenditure of funds from the account.
(D) The account shall be nonreverting and exist perpetually unless terminated by a subsequent ordinance enacted by the Common Council.
(E) If the account is terminated by a subsequent ordinance enacted by the Common Council, the remaining balance of the terminated account shall revert to the general budget of the Department of Public Parks.
(Ord. 2014-23, passed 1-20-15)