(a) There is hereby created a fund to be known as the Recreation Capital Improvement Fund. All funds received under favor of Section 1133.07(a) of the Codified Ordinances together with all funds appropriated by Council for recreation capital improvements shall be paid into the Recreation Capital Improvements Fund. The Treasurer shall make payment from such funds upon presentation of vouchers or orders by proper Village officials in accordance with law. Such disbursement shall be made for the purposes of planning and construction of recreation capital improvements within Orange Village.
(Ord. 2005-21. Passed 8-10-05.)
(b) The Treasurer is hereby authorized and directed to make application to the Bureau of Inspection of the State of Ohio for approval of the creation of the Recreation Capital Improvement Fund pursuant to the provisions of Ohio R.C. 5705.12.
(Ord. 1991-37. Passed 9-11-91.)