(A) There is hereby established a municipal golf course irrigation system and capital improvement account, which shall be under the control of the Municipal Department of Parks and Recreation and shall be kept and maintained in and by the City Clerk-Treasurer subject to the following terms and conditions:
(1) All funds and monies determined and established by the Municipal Department of Parks and Recreation to be utilized for and by this account shall be received, kept, deposited, and utilized in such account by the Clerk-Treasurer’s Office at the direction of the Municipal Department of Parks and Recreation, and for no other purpose.
(2) From such account, all disbursements shall only be made upon the order of the Municipal Department of Parks and Recreation and shall then be payable at the direction of the Board by the Clerk-Treasurer.
(3) All monies kept and received in the account shall only be utilized for the purchase, installation, and implementation of an irrigation system at the municipal golf course, or to pay upon any debt or liability incurred in the financing of the purchase, installation, and implementation of an irrigation system at the municipal golf course; for the purchase, installation, and implementation of equipment for the municipal golf course, of and included, but not limited to, mowers, golf carts, and green rollers, or to pay upon any debt or liability incurred in the financing of the purchase, installation, and implementation of equipment for the municipal golf course, of and included, but not limited to, mowers, golf carts, and green rollers at the municipal golf course; or for any other capital improvement upon the municipal golf course as shall be determined from time to time by the Municipal Department of Parks and Recreation.
(4) Any and all monies and funds in the account may not be used to keep, maintain, improve, purchase, or pay for any other fund, expense, or obligation of the city unless the same shall relate to and concern the municipal golf course.
(B) From time to time the Municipal Department of Parks and Recreation may establish the fees, ticket prices and charges for all play concerning and upon the municipal golf course including the storage or keeping of golf carts at such location. Further, the Municipal Department of Parks and Recreation may from time to time designate all or any portion of such fees, charges, or ticket assessments to and for the above stated nonreverting capital fund account for the benefit of the municipal golf course.
(C) The city, including the Municipal Department of Parks and Recreation, may accept and receive from time-to-time hereafter donations to the nonreverting capital fund here established for the benefit of the municipal golf course. In the event that such donations are properly designated and received, all such monies must be maintained in the fund and may not be used for any other purpose except as herein provided or except as otherwise determined in the future by the Common Council.
(D) The special account or fund here established for the benefit of the municipal golf course shall be a nonreverting account as that term is utilized and provided by law and subject to all laws regarding the maintenance and handling of nonreverting accounts and the funds therein.
(Ord. 16-l986, passed 5-5-86; Am. Ord. 4-2021, passed 5-3-21)