Sec. 360.604. - Funding requirements.

(a) Obligations against the Fund shall arise only when the Board has approved the payment of an amount authorized under Section 360.602 . With respect to costs involved in restoring polluted areas under Section 360.602 (a) and (b), and except in a situation requiring action to avoid an irreversible loss of natural resources or to prevent or reduce a continuing danger to natural resources or similar need for emergency action, funds may not be used under this Part for the restoration, rehabilitation or replacement or acquiring the equivalent of a natural resource until a plan for the use of the funds for this purpose has been developed and approved by the Board, after adequate public notice and opportunity for hearing and consideration of public comments. (b) Obligations against the Fund shall not be valid or paid in excess of the total money in the Fund at any one time. These obligations become valid only when additional money is collected, appropriated or otherwise added to the Fund. Should the total obligations outstanding at any one time exceed the current balance of the Fund, the Board shall pay the obligations, to the extent authorized under this Section, in full in the order in which they were finally determined. (c) Disbursements from the Fund shall be authorized by the chairman of the Board upon approval of the Board. The moneys in the Fund are subject to appropriation by the Council for the purposes of the Fund. In the case of emergency action under Section 360.408 or Section 360.409 to avoid an irreversible loss of natural resources or to prevent or reduce a continuing danger to natural resources or similar need for emergency action, the Board may authorize, without prior Council approval being necessary, the expenditure of not exceeding $50,000 for each occurrence from funds not otherwise appropriated in the Fund and, to the extent that these funds are so used, they are hereby appropriated for the emergency action. Emergency expenditures under this subsection shall immediately be reported to the Council Auditor. (Ord. 84-674-684, § 1)