Chapter 3.99
KEN BAXTER SENIOR/COMMUNITY CENTER APPRECIATION FUND

Sections:

3.99.010    Created.

3.99.020    Administration.

3.99.030    Acceptance.

3.99.040    Use.

3.99.050    In-kind donations.

3.99.010 Created.

There is hereby established a special fund to be designated the “Ken Baxter Senior/Community Center appreciation fund.” The purpose of this fund is to provide for the deposit and financial administration, including project accounting, or monetary and nonmonetary donations to the city for the benefit of the Ken Baxter Senior/Community Center and the expenditure and proper use thereof. (Ord. 2227, 1999).

3.99.020 Administration.

The finance department shall have the responsibility for the financial administration of the fund and shall maintain separate records of accounts showing receipts and disbursements for all donations and for all projects assigned to the fund. The department may also establish rules and regulations for the administration of the fund. (Ord. 2227, 1999).

3.99.030 Acceptance.

Subject to MMC 3.96.010, the director of parks and recreation is hereby authorized to accept on behalf of the city all monetary donations to the fund. All donations accepted by the Ken Baxter/Community Center appreciation fund shall be deposited into the fund. Pursuant to MMC 3.96.020 the finance director shall establish a fund for the collection of monetary donations. (Ord. 2227, 1999).

3.99.040 Use.

In the event a donor has indicated a desire as to the use by the city of a donation, such donation shall, to the extent reasonably feasible, be assigned to a project consistent with the donor’s desired use. If no desired use is stated, the parks and recreation advisory board will recommend use of the monetary funds. (Ord. 2227, 1999).

3.99.050 In-kind donations.

All nonmonetary donations intended for this fund with a current value greater than $25.00 and less than $999.00 must be approved by the director of parks and recreation. All nonmonetary donations and expenditures with the value of $1,000 or more must be approved by the city council. Department heads may recommend for approval in-kind donations supporting budget projects. The department will be required to detail all related future costs associated with the acceptance of the donations and submit a list of expenses to the approving authority with the donation request. All nonmonetary donations shall be accounted for by the parks and recreation department. (Ord. 2227, 1999).