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HomeMy WebLinkAbout2001-OR-40ORDINANCE NO. 2001-OR- 2~O AN ORDINANCE ESTABLISHING A NON-REVERTING FUND FOR THE JEFFERSONVILLE BI-CENTENNIAL COMMITTEE WHEREAS, the City of Jeffersonville finds it in the best interest to establish a fund for the promotion of a celebration of the Jeffersonville Bi-Centennial; NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of Jeffersonville, Indiana that it hereby establishes a .non-reverting fund for the purpose of receiving money to finance a bi-centennial celebration. This fund shall; be funded by the City in an amount not to exceed $30,000; shall be: entitled the Jeffersonville Bi- Centennial Fund; and monies shall be expended from this fund only upon filing the proper claim in issuance of a warrant for payment by the Clerk Treasurer after approval by the Common Council of the City of Jeffersonville. This fund shall be a non-reverting fund and all monies received as revenues as funding for the Bi-Centennial Celebration shall not be required to be received into the general fund of the City. BE IT FURTHER ORDAINED that the Jeffersonville Bi-centennial Fund shall remain in existence until an Ordinance terminates it and upon such termination the fund balance remaining in the Jeffersonville Bi-Centennial Fund shall revert to the General Fund. This Ordinance shall be in full force and effect upon its timely passage, promulgation and approval by the Mayor. Passed and adopted by the Common Council of the City of Jeffersonville, Clark County, State of Indiana, this ?3 day of 4~ ~ ~ ~-L~- ,2001. ATTEST: Pe~ggs) ~3~i~ter Clerk Treasurer Presented by me as Clerk Treasurer to the Mayor this \\ day of (T¢¢~0 rx~c~,~- 2001. Peggy- ~i~l~l~'r Clerk Treasurer ~~n~ance approved and · . ,2001. signed by me this Ii day of ~aOy~raS R. Ga ~gan