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<br />203.06 203.06 <br /> <br /> <br />203.06: RECREATION ACTIVITY FUND 1: <br /> <br />Subd. 1. Fund Established: There is hereby established and created a fund designated as the <br />“Recreation-Activity Fund”, hereinafter in this Section referred to as the “Fund”. (1988 <br />Code §24.01) <br /> <br />Subd. 2. Purpose: There shall be deposited in said Fund all cash fees charged by the City for <br />recreation activities authorized by the City and supervised by the Director of Parks, <br />Recreation and Forestry or such other designee as authorized by the Council. (1988 Code <br />§24.02) <br /> <br />Subd. 3. Use of Fund: Such funds shall be used for the direct operating expense of City <br />authorized recreation activities. These expenses shall include, but shall not be limited to, <br />compensation of instructors, rents or the purchase of equipment or supplies for <br />recreational activities. (1988 Code §24.03) <br /> <br />Subd. 4. Expenses: All expenses from the Fund shall be approved by the Council. The <br />Director of Parks, Recreation and Forestry may recommend expenses for approval. (1988 <br />Code §24.04) <br /> <br />Subd. 5. Accounting: The Director of Parks, Recreation and Forestry shall be responsible <br />for and shall prepare an annual accounting of the Fund. This shall include all revenues, <br />expenses and balances at the end of each calendar year. All funds received shall be <br />deposited with the City Finance Director/Treasurer as provided for in Section 106.04 of <br />this Code. (1988 Code §24.05) <br /> <br />Subd. 6. Transfer of Funds: The Council may transfer funds into the Recreation Activity <br />Fund from any source, but there shall be no transfer of funds from the Recreation <br />Activity Fund, except for the purposes enumerated in subdivision 3 of this Section. (1988 <br />Code §24.06) <br /> 1 See Chapter 905 of this Code for parks, playground and recreation. <br />City of Mounds View <br />