Sec. 111.120. - Metropolitan Park Maintenance and Improvements Fund.

There is created the Metropolitan Park Maintenance and Improvements Fund, a permanent trust fund of the City. A separate trust fund and associated accounts shall be created by the Director of Finance and Administration for administering the fund. There shall be paid into the fund all revenues received by the City and interest thereon in connection with admissions fees for special events, rentals, dock slip rentals, equipment and service charges or other funds from activities and events conducted or authorized by the City in Metropolitan Park. All expenditures made from the fund shall be for maintenance and improvements to Metropolitan Park and its various facilities and to help support the operational and production costs associated with City cosponsored special events in the park. Subject to appropriation by the Council in each instance, the Director of Finance and Administration is authorized and directed to make disbursements from the fund upon the written requisition of the Director of Parks, Recreation and Community Services. To the extent disbursements are made, the funds disbursed shall be appropriated for the purpose of the disbursement. (Ord. 84-1087-687, § 1; Ord. 93-687-323, § 1; Ord. 2005-1283-E, § 7; Ord. 2006-422-E, § 35; Ord. 2007-633-E, § 1; Ord. 2011-732-E; Ord. 2013-209-E, § 40; Ord. 2016-140-E , § 16) Editor's note— Ordinance 2007-839-E, § 18, authorized updated department/division names pursuant to reorganization. Note— Former § 110.333.