(a) There is hereby created a special account to be known as the Parks and Recreation Gift Fund, which is established for the purpose of providing an opportunity for citizens to make voluntary donations of money to the City, to benefit the parks and recreation facilities of the City, in either a general or a specific manner, at the option of the contributor.
(b) Money donated to such Fund shall be spent only as authorized by resolution or ordinance of Council, and Council is hereby authorized to expend funds from the Fund solely for parks and recreational purposes.
(c) Individuals and/or other entities may make gifts and contributions to the Fund, to be expended for a specific purpose and/or use as designated by the donor. All gifts and contributions to the Fund shall be deposited with the City Auditor and upon the receipt of any designated and specified gift, the Auditor shall advise Council fully of the designated nature of the gift and any and all restrictions and conditions placed by the donor upon its expenditure. Council within ninety days subsequent to such notification by the Auditor shall, by resolution or ordinance, direct the Auditor to accept or reject the specific gift. If Council fails to act by resolution or ordinance within ninety days subsequent to the above required notification by the auditor, such failure to act shall constitute a rejection of the specific gift and the Auditor shall return the same forthwith to the donor.
(d) Funds given for general park and recreational purposes and without being specifically designated, shall be automatically accepted by the Auditor and require no action of Council for acceptance. Funds donated and accepted for a specific and designated purpose may not be expended for any other purpose except upon the written permission directed to Council by the donor, his or her heirs, assigns, successors and administrators, or pursuant to order of a court of competent jurisdiction.
(Ord. 3056. Passed 6-2-09.)