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(a) Establishment of the Airport Capital Improvement Promotion and Event Fund. The Airport Capital Improvement Promotion and Event Fund is hereby established as a category six fund for the purpose of receiving all donations of money, property and personal services which may be offered to the City and County of San Francisco through the Airport for the uses described in subsection (b).
(b) Use of the Airport Capital Improvement Promotion and Event Fund. Money, property and personal services comprising the Fund shall be used and expended for such purposes as will be determined in the sole discretion of the Airport Commission to assist in promotional events and community outreach activities associated with the opening of capital improvements of the San Francisco International Airport. The Fund shall have a separate accounting for each capital improvement project as determined by the Airport Commission.
(c) Exceptions to Fund Category. Money, property and personal services comprising the Airport Capital Improvement Promotion and Event Fund shall be expended to promote the capital improvement project for which the donation is made, at the sole discretion of the Airport Commission. Any unexpended balances remaining in the Fund when it expires on December 31, 2023 shall be deposited in the City's General Fund.
(d) Administration of Fund. The Airport Director shall submit to the Board of Supervisors and the Budget Analyst on an annual basis written reports of revenues to and expenditures from the Airport Capital Improvement Promotion and Event Fund during the annual period covered by the report. This fund shall expire on December 31, 2023. Acceptance of donations of $100,000 or greater shall require Board of Supervisors approval by resolution.
(Added by Ord. 316-00, File No. 001911, App. 12/28/2000; amended by Ord. 15-11, File No. 101410, App. 2/10/2011; Ord. 267-13, File No. 130799, App. 11/27/2013, Eff. 12/27/2013)