(A) Establishment. Pursuant to I.C. 36-10-3-22, the town hereby creates a special non-reverting operating fund for the Town Parks and Recreation Department, to be utilized for any parks and recreation purpose other than acquiring land or making specific capital improvements.
(B) Collection of fees. The Town Clerk-Treasurer shall be responsible for the collection of fees and donations received by the Town Parks and Recreation Department in its operations from the Lincoln Park Gazebo, garden plot rentals, entry fees from park fund-raising events and any other fees collected from either the use of major facilities or the sale of surplus property. Money procured from fees or received from the sale of surplus property of the Town Parks and Recreation Department shall be deposited at least once each month with the Town Clerk-Treasurer.
(C) Special fund. The Town Clerk-Treasurer shall have administrative power regarding the special non-reverting operating fund and shall deposit all fees, donations and money collected from the operation of park and recreation facilities, rentals and the sale of surplus property in the special non-reverting operating fund.
(D) Disbursement of money received from fees. The Town Clerk-Treasurer is directed to only disburse funds from the special non-reverting operating fund created hereunder upon receipt of a claim allowed and signed by the President and Secretary of the Board of Parks and Recreation.
(E) Limitations on disbursements. Any funds placed in the special non-reverting operating fund may not be withdrawn, except for the purposes for which the fund was created.
(1996 Code, § 3-25) (Ord. 2001-03, passed - -)