151.01 PARK MAINTENANCE FUND.
   (a)   There is hereby created the Fund to be known as the Park Maintenance Fund. All gifts of money received and accepted on behalf of the City for the purpose of developing or maintaining parkland and facilities for the purpose of recreation shall be paid into such separate Fund; net receipts of all money earned by fund raising activities and pledges for the aforementioned purposes shall be paid into such separate Fund. The Director of Finance shall make payment from such Fund upon the presentation of vouchers or orders therefor, by proper City officials. However, any single disbursement from the Fund in excess of the amount for which the City may contract without formal advertising and bidding, shall receive the prior approval of a majority of the members of Council. Such disbursements shall be made only for the purposes of the development or maintenance of parkland and recreational facilities. However, moneys given and accepted for specific purpose within the general purpose of Municipal recreation shall be disbursed only for the specific purpose for which such moneys were given. The leasing of buildings, grounds and facilities for the purpose of recreation is hereby declared to be within the “purpose of developing or maintaining park land and facilities for the purpose of recreation” as stated herein.
(Ord. 1994-14. Passed 4-4-94.)
   (b)   The Mayor and the Director of Finance, or either of them, are hereby authorized to accept on behalf of the City, all gifts of money or other items or things of value for the purposes of the Municipal recreation program.
   (c)   Gifts of money for the purpose of Municipal recreation facilities are hereby accepted and shall be placed in the Park Maintenance Fund and disbursed for the specific purpose for which they were given and accepted.(Ord. 1988-11. Passed 3-24-88.)
   (d)   EDITOR’S NOTE: Former subsection (d) hereof was repealed by Ordinance 2004- 5, passed February 26, 2004.
   (e)   The proceeds of the lease of a portion of City property to Sprintcom, Inc., a Kansas corporation, shall be paid by the Director of Finance into the Park Maintenance Fund.
(Ord. 1998-52. Passed 9-24-98.)