HomeMy WebLinkAbout1994-OR-42 ORDINANCE NO. 94-0R-_~.__
ORDINANCE ESTABLISHING A NON-REVERTING FUND
FOR THE PURPOSES OF PARK CUMULATIVE CAPITAL EXPENDITURES
plan for
Capital
WHEREAS~ the City of Jeffersonville is hereby devising a
the purpose off making Jeffersonville City Park Cumulative
Expenditures; and
WHEREAS~ the City
receives monies from tax revenues within
the Park General Fund; and
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 purposes of Making Jeffersonville City Park
Cumulative Capital expenditures. This non-reverting fund shall be
entitled the Park Cumulative Capital Non-Reverting Fund and monies
shall be expended from this fund only upon the filing of a proper
claim in issuance of a warrant for payment by the Clerk and Treasurer
after approval by the Park Board of the City of Jeffersonville. No
salary or labor charges shall be paid to City employees from this
Fund. This fund shall be a non-reverting fund and sail be continued
until rescinded by the Council at which time all remaining funds shall
revert to the Park General Fund balance.
This Ordinance shall be in full
timely passage, promogation and approval by
Passed and adopted
Jeffersonville~ Clark
__~___~--~?_ ....... ~ 1994.
force and effect upon its
the Mayor.
by the Common Council of the
City of
County~ State of Indiana, on the _~__ day of
STEVEN R. STEMLER, PRESIDENT
COMMON COUNCIL
C. RICHARD SPEN~R JR.~
CLERK AND TREASURER
Presented by me as Clerk and Treasurer to the Mayor of said
. ........
CLERK AND TREASURER
This Ordinance approved and signed by me this _~__ day of