There is hereby added to the Clarkston Municipal Code a new Chapter 3.21, entitled "Community Enhancement Project Fund." The city treasurer is authorized to establish the new Fund No. 007 effective January 1, 2009.
(Ord. 1452 § 1, 2009)
The purpose of the community enhancement project fund shall be to provide funding for community enhancement projects within the city of Clarkston.
(Ord. 1452 § 1, 2009)
The existing balance of Fund No. 377 will be transferred to Fund No. 007 at the beginning of 2009. Any other revenue source for this fund will be as budgeted by the city council in the annual budget.
(Ord. 1452 § 1, 2009)
All expenditures from the community enhancement project fund shall be determined at the time of the preparation of the annual city budget or as such budget may be subsequently amended.
(Ord. 1452 § 1, 2009)