HomeMy WebLinkAbout2017-OR-18 ORDINANCE NO. 2017-OR-�
BEFORE THE COMMON COUNCIL
FOR THE CITY OF JEFFERSONVILLE, INDIANA
AN ORDINANCE ESTABLISHING A
NON-REVERTING FUND FOR REHABILITATION OF NACHAND
FIELDHOUSE
WHEREAS, the City of Jeffersonville (the "City") operates and manages
various facilities within the parks department and the city's jurisdiction including
Nachand Fieldhouse; and;
WHEREAS, the City desires to improve Nachand Fieldhouse; and;
WHEREAS, it is necessary for the City to fund the construction for the
improvements to Nachand Fieldhouse from various revenue sources; and;
WHEREAS, it is economically desirable to create a non-reverting fund for
deposit, expenditure and disbursement of funds designated for the improvement of
Nachand Fieldhouse.
NOW, THEREFORE, BE IT ORDAINED by the Common Council of the
City of Jeffersonville, Indiana, as follows:
1. That a special non-reverting operating fund is hereby established for the
purpose of receiving and holding funds for the improvements to Nachand
Fieldhouse as determined by the Jeffersonville Parks Authority. This fund
shall be entitled "The Nachand Fieldhouse Rehabilitation Non-Reverting
Fund" and monies may be expended from this fund only upon the filing of
a proper claim in issuance of a warrant for payment by the Controller after
appropriation and approval by the Common Council. Hereafter, the
Controller shall not deposit funds for the rehabilitation of Nachand
Fieldhouse, regardless of the revenue source, into the City's General
Fund, but shall deposit those fees into "The Nachand Fieldhouse
Rehabilitation Non-Reverting Fund".
2. That the Common Council is hereby required to use the Non-Reverting
Fund to the extent and in the manner allowed by law.
This Ordinance shall be in full force and effect from and after its passage and
approval.
Passed and adopted this / 7 day of ' 2017.
Lisa Gill
Presiding Officer
A T ST:
Vicki Conlin
Clerk
This Ordinance presented by me as Clerk to the Mayor of said City of
Jeffersonville this day of 2017.
Vicki Conlin
Clerk
This Ordinance approved and signed by me i day f ,
2017.
Mike Moore
Mayor
Prepared by:
Les D. Merkley
Corporation Counsel