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24 . 01 <br /> CHAPTER 24 <br /> RECREATION ACTIVITY FUND <br /> 24. 01 ESTABLISHMENT <br /> There is hereby established and created a fund designated <br /> as the "Recreation Activity Fund" , hereinafter referred to as the <br /> "Fund" . <br /> 24. 02 PURPOSE <br /> There shall be deposited in said Fund all fees charged <br /> by the City for recreation activities authorized by the City , and <br /> supervised by the Director of Parks and Recreation, or such other <br /> designee as authorized by the Council. All fees collected pursuant <br /> to the provisions of Chapter 50. 01 (Lakeside Park Agreement) , are <br /> hereby excluded from the provisions of this Chapter. <br /> 24 . 03 USE OF FUND <br /> Such funds shall be used for the direct operating expenses <br /> of City authorized recreation activities . These expenses shall include , <br /> but shall not be limited to , compensation of instructors , rents , or <br /> the purchase of equipment or supplies for recreational activities . <br /> 24. 04 DISBURSEMENTS <br /> All disbursements from the Fund shall be approved by the <br /> Council. The Director of Parks and Recreation may recommend <br /> expenditures for approval. <br /> 24. 05 ACCOUNTING <br /> The Director of Parks and Recreation shall be responsible <br /> for and shall prepare an annual accounting of said fund. This shall <br /> include all receipts , expenditures , and balances at the end of each <br /> calendar year. All funds received shall be deposited with the City <br /> Treasurer as provided for in Chapter 5. 01. <br /> 24. 06 TRANSFER OF FUNDS <br /> The Council may transfer funds into the Recreation Activity <br /> Fund from any source , but there shall be no transfer of funds from <br /> the Recreation Activity Fund except for the purposes enumerated in <br /> Chapter 24. 03 . ( 213 ) <br />