HomeMy WebLinkAbout2022-OR-27 Ordinance Establishing a Non-Reverting Fund for the Purposes of Parks Cumulative Capital Expenditures and Rescinding Ordinance 1994-42 ORDINANCE NO. 2022-OR-
BEFORE THE COMMON COUNCIL FOR THE CITY OF JEFFERSONVILLE
STATE OF INDIANA
AN ORDINANCE ESTABLISHING A NON-REVERTING FUND FOR THE PURPOSES OF PARKS
CUMULATIVE CAPITAL EXPENDITURES AND RESCINDING ORDINANCE 1994-OR-42
WHEREAS,the Non-Reverting Fund for the Purposes of Parks Cumulative Capital
Expenditures established in 1994 as Ordinance No. 94-OR-42 is hereby replaced by Ordinance
2022-OR- 02 7
WHEREAS,the City of Jeffersonville has hereby devised a plan for the purpose of making a
Jeffersonville City Parks Cumulative Capital Expenditures; and
WHEREAS,the City receives monies from local income tax revenues within the
Economic Development 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 Parks Cumulative Capital expenditures. This non-reverting fund shall
be entitled the Parks Cumulative Capital 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 City Controller
after approval by the,City Council 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 shall be
continued until rescinded by the City Council at which time all remaining funds shall revert to
the Parks General Fund balance.
This ordinances shall be in full force and effect from and after its passage by the Common Council
and approval by the Mayor.
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VOTE F 7 VOTE AGAINST:
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PASSED AND ADOPTED (Ordinance No. 2022-OR- r?7 ) by the Common Council of the
City of Jeffersonville, Indiana on this ,A day of Afg2022.
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Matt Owen, President
ATTEST:
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`tis Gill, Clerk
PRESENTED by me Ordinance No. 2022-OR- 09 7 to the Mayor of Jeffersonville, Indiana on
this 5/ day of ag2022.
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Lisa Gill, Clerk
SIGNED and APPROVED Ordinance No. 2022-OR- y b m on this day of
April, 2022.
Mike Mo re, Mayor
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