Agenda Packets - 1990/05/07 - Laserfiche WebLink

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CHAPTER 22 LAKESIDE PARK FUND 22 .01 ESTABLISHMENT. There is hereby established and created a fund designated as the "Lakeside Park Fund", hereinafter referred to as the "Fund" . 22 .02 PURPOSE. The purpose of the Fund is to account for expenses relating to the operation, maintenance, and improvement of Lakeside Park. There shall be deposited in the Fund contributions and/or donations received from other governmental units, corporations and/or individuals; transfers from other City Funds; and, fees charged for recreation activities conducted at the Park authorized by the City and supervised be the Director of Parks, Recreation and Forestry or such other designee as authorized by the Council. 22 .03 USE OF FUND. Such funds shall be used for the direct operating S expense, maintenance and improvements of Lakeside Park and for the direct operating expenses of recreation activities conducted at the Park. 22.04 EXPENSES. All expenses from the Fund shall be approved by the Council. The Director of Parks, Recreation and Forestry may recommend expenses for approval. 22 . 05 ACCOUNTING. •• _ - - - _ _ 0. - - , - - - _ - - - _ _ - - - The Finance Director/Treasurer shall be responsible for and shall prepare an annual accounting of said Fund. This shall include all revenues, expenses, balances at the end of each calendar year. All funds received shall be deposited with the City Treasurer as provided for in Chapter 5. 01. The Director of Parks, Recreation and Forestry shall report annual regarding activities and operations of Lakeside Park. 22 .06 TRANSFER OF FUNDS. The Council may transfer funds into the Recreation Activity Fund from any source, but there shall be no transfer of funds from the Recreation Activity Fund except for the purposes . enumerated in Chapter 24.03 (213) .