[1]
Editor's Note: This article was originally
adopted 6-20-1991 by Ord. No. 91-2 as Title V, D of the 1987 Code.
Title V was repealed and replaced 7-8-2002 by Ord. No. 2002-1.
There is hereby created for the Town a Parks and Recreation
Special Revenue Fund which shall be used to provide for park operations
and recreation programs. There shall be paid into said fund all program
fees, fund-raising, donations and other receipts related to the operation
of activities, programs, facilities and capital outlays by the Parks
and Recreation Commission. There shall also be paid into said fund
such appropriations or transfers as authorized in accordance with
the applicable provisions of the Town Charter.
The unexpended balance of the Parks and Recreation Special Revenue
Fund existing at the close of any fiscal period shall remain credited
to such fund and shall not lapse to the general fund.
The Parks and Recreation Commission and its Director shall establish
fees and charges to generate income support for the Parks and Recreation
Special Revenue Fund. The Commission shall be authorized to accept
gifts and donations for crediting to said fund and shall be authorized
to sponsor fund-raising events, the net proceeds of which shall be
credited to said fund.
Expenditures from the Parks and Recreation Special Revenue Fund
shall be in accordance with the applicable provisions of the Town
Charter. All such expenditures shall be used for the support of park
operations and recreation programs or to promote the generation of
income of said fund.
