[Amended 2-6-2012 by Ord. No. 02-12]
There shall be a fund created to be known as the "Middletown
Senior Center Fund" to supplement income and expenses associated with
the renovation of the Middletown Senior Center, including but not
limited to materials, supplies, equipment, rentals, renovation costs
and travel in support of activities associated directly with the needs
of the project.
This fund shall be subject to audit in the same manner as other
City funds. The oversight and administration of this fund will rest
with the Director of Parks and Recreation, who shall file a quarterly
income, expense and cash balance report on behalf of the Middletown
Senior Center Fund, to the Director of Finance and the Finance and
Government Operations Committee. The fund shall remain open until
this article is repealed by the Common Council.
The provisions of Code §
44-11, financial procedures concerning the receipt of grants, are hereby waived for donations to this fund. Grants or contracts received by the fund, however, if any, shall comply with the provisions of Code §
44-11 as well as any other applicable provisions of the Code of Ordinances or state or federal law.