The last will and testament of Robert C. Vinson gave a bequest to the city of Colville establishing the Vinson fund. The city and the personal representative of the estate of Robert C. Vinson entered into a nonjudicial dispute resolution agreement to provide for use of the interest from the fund that is in accord with Mr. Vinson's wishes and with his substantial bequest to the city of Colville, which provided the following:
A.
Purpose. The purpose of the fund shall be to enhance the cultural enrichment of the citizens of Colville and the Colville region.
B.
Decisions. Consistent with the general purpose set forth herein, the city council of Colville, by majority vote, shall make all decisions relating to the expenditure of monies from the Vinson fund.
C.
Examples. The following are examples of how the Vinson fund can be utilized:
1.
Public concerts;
2.
Public performances and plays;
3.
Events in support of the arts and cultural enrichment;
4.
Hosting of lectures, authors, or other non-political public speakers;
5.
Partnering with other individuals, institutions or entities engaged in the foregoing activities;
6.
Capital improvements that will allow or assist in the foregoing activities;
7.
Works of public art.
D.
Expenditures. In approving the use of the funds, the city council may allow expenditures of up to 100 percent of the actual income generated by the fund.
(Ord. 1639 NS § 1, 2019)