Sec. 111.610. - JSEB Access to Capital Program Trust Fund.

There is created within the General Trust and Agency Fund a trust fund account to be known as the JSEB Access to Capital Program Trust Fund, hereinafter called the "Fund." All donations and contributions of money, including gifts and grants, and Council appropriations, if any, shall be deposited into the Fund to be used for the Access to Capital Program (the "Program") provided in Chapter 126 , Subpart C of the Code. All sums placed into the Fund, which shall include all interest earned or accrued thereon, are hereby appropriated and shall carry over fiscal years to be used for the Program purposes, functions, and goals provided in Chapter 126 , Subpart C of the Code. The Director of Finance and Administration, or his/her designee, is authorized and directed to make disbursements from the Fund for Program purposes, functions and goals upon written requisition of the Chief of Procurement in consultation with the JSEB Administrator, subject to the availability of funds in the Fund. Nothing in this Section shall prohibit or otherwise limit any appropriations which may be made by Council to the Fund for use toward attaining the Program purposes, functions and goals described in Chapter 126 , Subpart C of the Code. (Ord. 2021-117-E , § 6) Editor's note— Ord. 2014-185-E, § 5, amended the Code by repealing former § 111.610 in its entirety. Former § 111.610 pertained to the Jacksonville Housing Finance Authority (JHFA) Loan Trust Fund, and derived from Ord. 2005-197-E, § 10; and Ord. 2006-422-E, § 70. Former § 111.610 is replaced by the Fund set out in § 52.108(a). Subsequent to the repeal by Ord. 2014-185-E, Ord. 2021-117-E added a new § 111.610.